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Investing Outside Your Home Market? Do This First.

AAOA

You drive past new construction on the way to work, overhear parents talking about school quality at the grocery store, and know whether downtown traffic is steadily increasing or tailing off. Project renovation costs and timelines conservatively. Scan the new construction pipeline. Stress test exit strategies.

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Is it Cheaper to Buy or Build a House?

Redfin

Home inspection: Conducting a thorough inspection is essential to identify potential issues with the property. The cost for a standard home inspection ranges from $250 to $700, depending on location and the home’s size. For a median-priced home, this translates to approximately $8,384 to $20,960.

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6 Best Fix and Flip Loans in 2025

The Close

However, Kiavi has the highest credit score requirement of 680, and uses a draw process that requires an inspection to release funds periodically. of purchase price and 100% of renovation cost RCN Capital is a private lender that offers a variety of loan programs for real estate investors.

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Buying a Model Home: How It Works and What You Need to Know

Redfin

There are ways to do so without breaking the bank on a newly constructed home or major renovations. Model homes can be a great option if you’re interested in saving money and still getting some upgrades you’re looking for in your new home. Pros Cons Model homes are usually more affordable than other new construction homes.

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How Old of a House Should I Buy?

Redfin

Cost While it depends on the house and the market, buying an older home has the potential for a lower purchase price than buying or building a new one. Older homes may also offer the potential for a high return if restored or renovated, making them unique investment opportunities. Do new or old houses cost more?

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10 Steps for Navigating the New Construction Home Buying Process

HomeLight

The average cost of building a new house can range between $165,563 and $474,977 , and it could save you up to 15% in comparison to buying an existing home — but what do you know about the new construction homebuying process? Have you weighed all the pros and cons of buying new? Pros of new construction.

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Buying a New-Construction Home: Pros and Cons All Homebuyers Should Know

Realtor.com

Getty Images While buying a newly built home may not be the first thought to come to mind for homebuyers, purchasing new construction is a common option that comes with distinct benefits in today’s market. New construction can refer to single-family homes, condos , or apartments, and are available across the U.S.