What You Need To Know About New Construction in Plymouth & How To Find A Realtor Who Specializes In It.
Real estate in Plymouth is among the most sought-after and least available in the state. Named “America’s Best Place To Live” in 2008, Plymouth, Minnesota, boasts one of the best balances between suburban and urban amenities in the Midwestern United States. Consequently, high demand and low availability mean that folks moving to Plymouth often end up settling for something different than they wanted, just to get a home in the area at all.
That’s why, if you’re looking to purchase real estate in Plymouth, MN, you should consider choosing to buy new construction; so long as you work with one of the best real estate agents in the area, you have a better chance of getting precisely what you want if you buy a new, custom home! With the city council opening up more space for new development (like former golf course and mall sites), the best time to buy new construction — or an older home to renovate — is now! Contact us today to get to work with the best real estate agents in Plymouth, or keep reading to find out the benefits and risks of choosing to buy new construction and how to find a realtor who can help.
Why Buy Real Estate In Plymouth?
Located 11 miles outside Minneapolis, this slowly-growing town (home to less than 77,000 residents) is close enough to the city that residents gain social, economic, and professional benefits from being near the state capital (and have far shorter commutes than the national average). Yet real estate in Plymouth is also far enough away from the concrete jungle that its residents can enjoy better-than-average access to public green spaces, undeveloped wilderness, and curated nature trails. Despite being one of the smallest communities in Minnesota, Plymouth also boasts the fourth-largest economy and some of the best schools in the state. Consequently, Plymouth, MN, is one of the best places for young professionals, families, and experienced professionals alike to move to.
Why Buy New Construction in Plymouth?
- Pros of choosing to buy new construction: Recent development and market conditions for real estate in Plymouth, MN, mean that new homebuyers who buy new construction benefit from an increase in supply that should decrease the costs of purchasing real estate in Plymouth. Moreover, homebuyers who buy new construction can more easily customize the design of their home during the building process, especially when housing developments are still under construction (as they are now in Plymouth).
- Cons of choosing to buy new construction: Even with the recent spate of new housing development projects for real estate in Plymouth (including those for single family homes and senior living), the number of homes available in the area is still relatively small compared to the demand from buyers. What’s more, with at least one major new construction project earmarked for active adults (with an age cap), much of the soon-to-be-available real estate in Plymouth may actually be older construction as older residents move to newer communities. Consequently, competition to buy new construction may remain fierce, empowering builders and increasing the importance of working with one of the best real estate agents for successfully navigating the unique complexities of new construction negotiations.
How To Find A Realtor Who Can Find You The Perfect Home
The market for real estate in Plymouth is getting better every day, especially if you’re going to buy new construction. But just because the market is improving doesn’t mean it’s simple. That’s why it’s important to know how to find a realtor who can help you take advantage of market conditions. The best real estate agents have specialized expertise in working with new construction sales for real estate in Plymouth. A quick internet search for the best real estate agents in Plymouth yields more than 8 million results, so knowing how to find a realtor is just as important as knowing that you want to move. The easiest steps for finding the best real estate agents are:
- Focus on finding a real estate team. Real estate teams have more specialized neighborhood and market knowledge, generate better leads, and have greater access to new technology and training that makes home buying easy.
- Ask about their neighborhood focus, recent sales, and references. While most buyers choose to work with the first realtor they interview, part of knowing how to find a realtor is knowing what will make a realtor a good fit for your goals. Don’t be afraid to ask for proof that someone is one of the best real estate agents for you!
Ask for proof that the agent is on good terms with the builder. The process when you buy new construction can be complicated, and many buyers make a mistake by choosing to forego figuring out how to find a realtor in favor of working with the developer directly.
The Best Real Estate Agents In Plymouth Work For The Exceptional Home Team
There’s a lot to consider when choosing whether or not to buy new construction. That’s why working with the best real estate agents — who know the market, developers, and neighborhoods — is vital to your home buying success. Whether you’ve made up your mind to buy new construction when you invest in real estate in Plymouth, or you’re still weighing your options, the experienced professionals at The Exceptional Home Team are the best real estate agents to help you. Contact us today to get started!