A builder agreement is written by the builder’s lawyer, the upgrade list is priced by the builder, and the closing date can move. None of that is a problem when someone reads it properly first. I have closed more than a hundred new home transactions, so that part is familiar ground for me.
None of this is glamorous. All of it is where new construction purchases go wrong.
Builder agreements are written by the builder’s lawyer. I go through yours clause by clause and tell you plainly which parts you can push on and which you cannot.
The upgrade list is where new builds get expensive. I will tell you which ones you genuinely cannot do later, and which you are far better off doing yourself after closing.
Closing dates move on new construction, sometimes more than once. I keep on top of it so you are not finding out three weeks before you need to be out of your current place.
Deposit structures vary a lot between builders. I make sure you understand what you are handing over, when, and what protection sits behind it.
I sell both. Here is the version I would give a friend.
A house nobody has lived in, a full warranty, modern insulation and wiring, and the chance to pick finishes rather than inherit somebody else’s. On a new build you are also unlikely to face a bidding war.
Mature trees, established neighbourhoods and a known quantity. New subdivisions take years to settle in, landscaping and driveways are often on you, and a resale home lets you see exactly what you are buying rather than a floor plan.
None of these are hidden. They are just written in a way that makes them easy to skim past.
Agreement, upgrade list, site plan, whatever they have given you. I will go through it properly and tell you what I would push back on before you sign anything.
Not every town is building. These three are where most of it is going up right now.
The most new build supply in Perth County by a distance. The town grew 26.7 percent between the last two censuses and the subdivisions on the edges are where most of that went. See Listowel
Newer builds on the outer streets, and the easiest place around here to find genuine one floor living. See Mitchell
A wider spread of new construction than most towns this size, running from straightforward family builds up to genuinely upscale homes. See Exeter
Looking more broadly? Start with Perth County or Huron County.