If you’re considering a new home, you might be debating between options like new versus resale, modern versus traditional styles. Or perhaps you’re a broker exploring presale homes for your clients, or simply curious about the market. Whatever your reason, you’re in the right place — today, we’ll walk you through what presale homes are, why they could be a great choice, and how the process works.
What is a Presale Home?
Presale homes are a flexible option in new construction, offering a blend of customization and convenience. Unlike spec homes, which are built fully by a developer and purchased upon completion, or custom homes built entirely from land you own, presales are purchased early, often before they’re finished. This allows buyers to personalize certain elements during construction, depending on the builder and stage of development.
Why Choose a Presale Home?
Presales balance the advantages of customization with a streamlined building process. They provide the opportunity to select finishes, appliances, and colors, giving you a personalized touch without the time and effort of designing everything from scratch.
Pros of Presale Homes:
- Flexibility to choose finishes — from flooring to fixtures — reflecting your style.
- Enjoy customization without the complexities of full custom builds.
- Visualize modifications early during construction.
- Receive a clear timeline for completion.
Cons of Presale Homes:
- No fixed completion date; delays are possible.
- Visualizing final features early on can sometimes be challenging.
- Making decisions promptly is essential to avoiding delays.
- Choosing the Right Builder
- Trust is key. When selecting a builder for a presale, consider their reputation, quality, land availability, and warranty programs. Ask about their experience, how they handle issues, and their relationships within the community to ensure a smooth process.
Where Can Presales Be Built?
Location depends on the builder’s land holdings and preferred neighborhoods. If you already own land, a custom build may be the better option, but otherwise, choose a builder with strong presale offerings in your desired area.
How Long Does It Take?
Construction time varies based on the builder’s typical timeline, the complexity of the home, and potential delays from materials or plan changes. Discuss timelines upfront to set realistic expectations.
How Does the Presale Process Work?
- Search for Homes:
Browse builder websites or contact agents to find available presale opportunities. - Identify a Home:
Narrow your choices and discuss availability with the builder. - Agree on Price & Terms:
Once satisfied, sign a purchase agreement and deposit earnest money, which goes toward your down payment. - Design & Customize:
Work with the builder’s design team to select finishes and features early, maximizing your options before major elements are finalized. - Customization Tips:
The earlier you get involved, the more options you’ll have — from paint colors and lighting to countertops and cabinetry. Keep in mind, late-stage changes can be costly and time-consuming.
What You Can Customize (depending on construction phase):
Lighting fixtures and bulbs
Flooring and countertops
Cabinets and millwork
Plumbing and bathroom fixtures
Interior doors
Costs & Risks
While presale homes are often less expensive than full custom builds, extra upgrades can add to costs. Be aware that unexpected delays or changes can impact your timetable and budget. Choosing a reputable builder and reviewing warranties can help mitigate these risks and give you peace of mind.
Ready to Design Your Dream Home?
Presale homes can be a fantastic way to get exactly what you want in a new house without starting from scratch. If you’re interested in one of our presales or want to explore current options, reach out to us today.
