If you’ve been on the fence about building a new home, now is a great time to build a new home. According to a recent article on KSL.com, prices on existing homes are higher than ever before. Homes in the Wasatch Front area are climbing. The average price of a single family home has increased from $275,000 to $300,000. This is good news if you’re selling your home, not so good if you’re looking to buy.
The main reason for the increase in price is that there is simply no inventory of existing homes available.
Now is a Great Time for Building a New Home
“Competition is fierce for homes priced under a half-million dollars,” Troy Peterson, president of the Salt Lake Board of Realtors said. “Many sellers continue to make the sale of their home contingent on them finding another property. Buyers typically offer more than asking price and compete with several other offers.”
Building a new home in Utah isn’t as daunting as it may sound. In fact, in today’s market you may actually save money and you’ll end up with home you really want.
Building a new home allows you to choose the location you want to live in. You aren’t bound by what is available for sale. You can choose to build in the school district you prefer or in a community that has all the shopping, dining and entertaining you could want.
Building a new home in Odgen also means you get to participate in the design process. You can choose from our many floor plans including – ramblers, ramblers with bonus rooms, two story homes, two story homes with master bedrooms on the main level, and patio homes. Choose the design that works best for your family and then work with us to customize the package.
Building a new home can be one of the most satisfying experiences if you choose the right builder. Give Nilson Homes a call, we’ll help you build the perfect home for your needs. Call us at 801-458-9040.