Looking for a new home? Throughout the Denver Metro Area, we have seen home prices skyrocket over the past few years. Much of this is due to new families moving into the areas so there is a lack of homes for sale (low inventory), additionally, home buyers are coming to the table with cash or more equity than we have seen in the past, therefore, it is driving up the offer price; sometimes over the asking price. If you are struggling finding a new home where you feel your money is getting you the most value, why not consider building a custom home?
While you will generally not see a new custom home constructed for less than a home built before 2005 of comparable size and style, you will see the price of a custom home sometimes less than a new track or semi-custom home builder can offer. So if you are out there looking at new homes and you are experiencing sticker shock, consider looking at vacant lots and reach out to a builder in your area to see if your budget can accommodate a new custom home built specifically to your lifestyle. Over the next few weeks we are going to be sharing with you how to embark on the journey of selecting a lot and builder for your new home. Stay tuned, more to come!