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Tuesday, June 20, 2017

6912 Williamsgate Blvd, Crestwood, KY 40014

Welcome to 6912 Williamsgate Blvd, a stunning, 2.5-year-old home in the Williamsgate neighborhood. This 1.5 story home in Crestwood is an original Ball Homes product is a modified “Jackson” plan with plenty of upgrades. In ...  Read More

Tuesday, May 30, 2017

10904 Rock Ridge Pl, Louisville, KY 40241

Welcome to 10904 Rock Ridge Place in the prestigious Rock Springs neighborhood. This new home (built in October 2015) would fit many people's description of a dream home. Every upgrade you could ever dream of can be found in the home, starting with ...  Read More


NEW CONSTRUCTION IN LOUISVILLE KY

It is always exciting to look at new houses. And, in a developing subdivision, you can see the various construction stages from digging the basement to the finished house.
Some of these listings are “spec” homes. Many are not quite finished and the new owner has the choice of colors, carpet, etc. Some of these listings are simply proposed houses to be built. On many of these listings, you can see that they have a “model” home. The model houses are there to show you the possibilities and options of what your new home could be. And, it may be open through the week as well as the weekends.
This is another time that you should use a Realtor® to represent you. Your real estate agent will know the ropes and get you the house you desire with the least hassle.

benefits

Newest style that is modern and up-to-date

Tailor made for you

This may be as simple as choosing the paint colors. Or, it could truly be a custom, one-of-a-kind home that will require a lot of consultation with an architect and the builder. The Hollinden Team wrote a blog about buying new construction homes.

Maintenance

Maintenance for a few years should be a non-issue as the house and all appliances in it are new. Most new homes are covered by a 1-year warranty.

Options at purchase

  • Basement could be unfinished for the buyer to do later, or negotiated in the deal. The mortgage could cover all of it, without waiting a few years to accumulate cash to finish the basement.
  • The landscaping may be of your choosing
  • The size of the deck and materials used
  • Choice of paint and finishes throughout the house
  • Floor coverings including carpet, type of hardwood, ceramic tile, vinyl, etc.
  • And of course, many more

Tax Incentives

  • Closing cost may be deducted.
  • Mortgage interest is deductible.
  • Mortgage credit certification is possible.

DISADVANTAGES

There can be many more initial costs.

  • For example, what about drapes, window coverings or blinds. If the windows are a special size, expect to pay more.
  • Landscaping is usually done with small plants that will take a few years of growth to look good and usually not near enough plants.
  • Appliances that may not have been included in the deal; for example the range and refrigerator.
  • More construction noise and traffic around for a few years until the subdivision is built up.
  • There will be a few bugs to work out.  The good news is that most should be covered by the builder’s warranty.

Below, you can see all the new construction located by area. Clicking on any area will show you current new construction detailing the specifications on each house and pictures. Some may be open houses or model homes. It may be a good idea to print out each house that you will visit. This will give you a reference on your visit to the house. Your Louisville area Realtor® will be able to help.

Also, on each area link, I have described the Louisville area boundaries.

All of Louisville including Jefferson, Oldham, Shelby, Spencer, and Bullitt Counties
Area 0 – Central Downtown District including Old Louisville
Area 1 – Downtown, Old Louisville, West Louisville, Shively
Area 2 – Butchertown, Highlands, Germantown
Area 3 – Brownsboro Road, Clifton, Crescent Hill, St. Matthews
Area 4 – Pleasure Ridge Park, Valley Station, Shively
Area 5 – Auburndale, Fairdale, Iroquois Park, Shively
Area 6 – Buechel, Highview, Okolona, Fern Creek
Area 7 – Fern Creek, Hikes Point, Jeffersontown
Area 8 – Douglas Hills, Hurstbourne, Middletown, Anchorage, St Matthews
Area 9 – Anchorage, Glenview, Lyndon, Prospect, Upper River Rd
Area 10 – Nelson County
Area 11 – Bullitt County
Area 12 – Other Counties
Area 13 – Indiana
Area15 – Carroll County
Area 16 – Hardin County
Area 18 – Washington and Marion Counties
Area 19 – Spencer County
Area 20 – Oldham County North of I-71
Area 21 – Oldham County South of I-71
Area 29 – Henry County
Area 30 – Shelby County
Area 31 – Meade County
Area 34 – Trimble County