Category Archives: New Construction

Your Checklist Before You Buy Your Next Home

hands, Pen and checklist featuring the words"Home Buying Checklist"
Home Buying Checklist

The time has come and you are ready to buy, but before you start searching for your next home review this checklist. This list helps you prepare your budget in advance and guide you to financial success in the future.

1. Reduce Debt & Increase Credit Score: Before you start looking for your next home you should request a credit report. This will give you a starting point on understanding your credit score before you request a loan. Your credit score will influence the interest rate of your loan.

2. Save Money to Set Yourself Up with a Large Down Payment: While it is possible to purchase a home without a 20% down payment it’s best to get as close as possible. This will allow you to have a smaller mortgage rate, Avoid PMI, and receive a better rate. If you do not have a 20% down payment you may qualify for a VA or FHA loan.

As you begin the process to find your next home checking these items off your list will provide you with a more successful home buying experience. Our team is here to help you! Let us know the area and/or neighborhood you are looking to live along with your top needs our team of professionals will assist with finding your next home.

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Should You Get A New Home Or A Previously Owned Home?

Man and woman looking at a paper deciding new orpreviously owned home in coastal virginia New Or Previously Owned?

What kind of home are you looking to buy? New construction or previously owned? There are advantages to each approach.

Previously owned pros

  • You may not have the option to purchase or build a new construction home in your desired neighborhood. If location is a top priority, buying a resale home may be your only choice.
  • Established neighborhoods sometimes provide a stronger community base than newer developments.
  • Mature landscaping, including larger trees are typically not available with new construction homes.
  • Most home owners sell a property with all necessary appliances included, so you know the home is move-in, live-in ready.

New construction pros

  • Modern floor plans typically include popular room types and layouts that might not be available in older homes.
  • When you buy a new home, you often have the opportunity to choose the appliances you want and pick custom details like flooring options, window treatment, paint colors, etc. (Though these choices/upgrades usually come with additional cost.)
  • New homes are often constructed with energy-efficient materials and system including insulation, windows and heating/cooling systems.
  • Home builders often offer added protection to homebuyers by offering a home warranty.

If you would like additional information on which option might be your best choice or are ready to look at homes, please call us. We would be happy to help you!

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(757)466-1009

SOLD! 8037 Ransom Rd, Norfolk, VA 23518 Unit A

Front of Condo located at 8037 Ransom Rd, Norfolk, VA 23518 8037 Ransom Rd, Norfolk, VA 23518

OOPS! We SOLD this one already!
New Construction!

Key Details

  • Bedrooms 3
  • Full Baths 2
  • Half-Baths 1
  • Square Footage 1,770
  • Year Built 2017
  • MLS Listing ID #10138323

Location

Building

  • New Construction Yes
  • Exterior Features Deck
  • Flooring Carpet, Laminate, Vinyl
  • Foundation Crawl
  • Interior Features Scuttle Access, Walk-In Closet
  • Type of roof Asphalt Shingle
  • Siding Vinyl
  • Total Building Square Footage 1770
  • Stories 2.0000
  • Style Transitional
  • Year Built 2017

Land

  • Conforms to Zoning R-11

Rooms

  • Total Rooms 7

Structures

  • Has Garage 1
  • Parking Description 2 Space, Driveway Spc, Garage Att 2 Car, Oversized Gar
  • Pool Description No Pool

Systems

  • Appliances Dishwasher, Disposal, Dryer Hookup, Microwave, Elec Range, Washer Hookup
  • Cooling System Central Air, Heat Pump
  • Equipment Cable Hookup
  • Heating Heat Pump, Programmable Thermostat
  • Sewage Type City/County

Water

  • Water Body Type City/County
  • Waterfront Yes
  • WaterFront Description Tidal

See Other Homes In The Lake Taylor High School District!

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Fannie Mae’s Economic & Strategic Research Group Forecasts Conservative Growth in Housing for 2017

Chart, Mountain, guy, Forecasts of Housing Growth in 2017 Forecasts of Housing Growth in 2017

Despite a strong year-end performance by the stock market and a post-election jump in confidence among consumers and businesses, limited information on the new Administration’s potential economic policies led to a conservative 2017 growth projection of 2.0 percent, according to the Fannie Mae Economic & Strategic Research (ESR) Group’s January 2017 Economic and Housing Outlook.

Improved consumer spending in the third quarter drove a slight upward revision from the prior forecast; moreover, a friendly labor market and rising household wealth should continue to support consumers. Business fixed investment is expected to pick up – particularly in the equipment space – as the drag from declining oil prices faded and should add to 2017 growth. Additionally, government spending and inventory investment are expected to add to growth this year, while the dollar should continue to weigh heavily on net exports. Mortgage rates are predicted to rise gradually in the coming year, ultimately reaching a fourth quarter average of 4.3 percent. There is risk that rates could rise faster and higher than forecasted, but the impact on housing could be offset by strengthened income growth.

“Policy changes under the new Administration – in its nature, sequencing, and magnitude – will determine the direction of economic growth in 2017,” says Fannie Mae Chief Economist Doug Duncan. “Incoming data suggest improving consumer spending, diminished labor market slack, and advancements in wages, but until we can more clearly read the political tea leaves, it’s difficult to say whether this late-cycle expansion will continue into its eighth year.”

We specialize in helping people negotiate better home prices! if you would like a better price, give us a call at (757)466-1009 or check out our site at www.searchcoastalvahomes.com!

SOLD! 2703 Pinewell St, Portsmouth Va, 23704

Front of new construction house located at 2703 Pinewell St, Portsmouth Va, 23704
2703 Pinewell St, Portsmouth Va, 23704

SORRY! This one is SOLD!
New Construction In Portsmouth!

Property Description

Quality built new construction home close to interstates, NOB, Portsmouth Naval Hospital, shopping, entertainment and more. One of the 4 bedrooms is downstairs, the master bedroom has a large walk-in closet and the master bathroom showcases granite double sinks and more. The kitchen has upgraded 42 soft close cabinets, pantry, stainless steel appliances to include a refrigerator and bar area.

Key Details

  • Bedrooms 4
  • Full Baths 2
  • Half-Baths 1
  • Square Footage 1,760
  • Acreage 0.13
  • Year Built 2017
  • MLS Listing ID #10142284

Location

Building

  • New Construction 1
  • Flooring Carpet, Ceramic, Laminate
  • Foundation Slab
  • Interior Features Pull Down Attic Stairs, Walk-In Closet
  • Type of roof Asphalt Shingle
  • Siding Vinyl
  • Total Building Square Footage 1760
  • Stories 2.0000
  • Style Transitional
  • 2017

Rooms

  • Total Rooms 7

Structures

  • Has Garage 1
  • Parking Description Driveway Spc, Garage Att 1 Car, Multi Car, Street
  • Pool Description No Pool

Systems

  • Dishwasher, Dryer Hookup, Microwave, Elec Range, Washer Hookup
  • Cooling SystemCentral Air, Heat Pump
  • EquipmentCeiling Fan
  • HeatingHeat Pump
  • Sewage TypeCity/County

Water

  • Water Body TypeCity/County
  • WaterFront DescriptionNot Waterfront

See Other Homes In The Truxton Neighborhood!

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SOLD! 3806 Dartmouth St, Portsmouth Va, 23707

Front of New Construction house located at 3806 Dartmouth St, Portsmouth Va, 23707 3806 Dartmouth St, Portsmouth Va, 23707

SORRY! We SOLD this one already!

New Construction! Near Military Facilities!

Property Description

Quality built new construction that will sure to make you happy to call this house your home. Spacious open floor plan with all the features that you desire; granite, soft close cabinets, upgraded flooring, fireplace, walk-in closets, separate tub and shower in the master-bathroom, double sinks, large bedrooms, two-car garage. And you’re minutes away from the Portsmouth Naval Hospital and other military facilities, shopping and entertainment.

Key Details

  • Bedrooms 4
  • Full Baths 2
  • Half-Baths 1
  • Square Footage 2,400
  • Year Built 2017
  • MLS Listing ID #10125891

Location

Building

  • New Construction Yes
  • Flooring Carpet, Ceramic, Laminate
  • Foundation Crawl
  • Type of roof Asphalt Shingle
  • Siding Brick
  • Total Building Square Footage 2400
  • Stories 2.0000
  • Style Transitional

Land

  • Conforms to Zoning UR

Rooms

  • Total Rooms 8

Structures

  • Garage Dimensions 240
  • Has Garage Yes
  • Parking Description Garage Att 1 Car
  • Pool Description No Pool

Systems

  • Appliances 220 V Elec, Dishwasher, Disposal, Microwave, Elec Range, Refrigerator
  • Cooling SystemHeat Pump
  • Equipment Ceiling Fan, Jetted Tub
  • Heating Heat Pump
  • Sewage Type City/County

Water

  • Water Body Type City/County
  • WaterFront Description Not Waterfront

See Other Homes In The Western Branch Neighborhood!

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SOLD! 113 Grandview Drive, Hampton VA, 23664

Illustration of potential new construction, 113 Grandview Drive, Hampton VA, 23664
113 Grandview Drive, Hampton VA, 23664

Sorry! We SOLD this one already!

Waterfront New Construction!

Property Description

Choose finishings! New construction on the water. 2 master suites, cathedral ceilings, multiple decks overlooking water. Grandview Nature Preserve, beach access & boat/jet ski ramp down the street. 3 car garage w/storage. Pictures of inside are another property 1408 Lighthouse Rd. by builder.

Key Details

  • Bedrooms 5
  • Full Baths 3
  • Half-Baths 1
  • Square Footage 2,700
  • Year Built 2016
  • MLS Listing ID #1638817

Location

  • Street Address 113 Grandview Dr
  • City Hampton
  • State VA
  • ZIP/Postal Code 23664
  • County
  • Community Hampton East
  • Subdivision Grandview

Building

  • New Construction Yes
  • Flooring Carpet, Ceramic, Wood
  • Foundation Slab
  • Interior Features Cathedral Ceiling, Walk-In Closet
  • Type of roof Asphalt Shingle
  • Siding Vinyl
  • Total Building Square Footage 2700
  • Stories 2.0
  • Style Contemp, Cottage

Rooms

  • Total Rooms 12

Structures

  • Parking Description 2 Car, Attached, Garage
  • Pool Description No Pool

Systems

  • Appliances Dishwasher, Gas Range, Microwave, Refrigerator, Washer Hookup, Dryer Hookup
  • Cooling System Heat Pump
  • Equipment Ceiling Fan
  • Heating Natl Gas
  • Sewage Type City/County

Water

  • Water Body Type City/County
  • Waterfront Yes
  • WaterFront Description Bay

See Other Homes In The Grandview Neighborhood!

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SOLD! 525 26TH ST W, Norfolk VA, 23517

Front of House For Sale at 525 26TH ST W, Norfolk VA 23517 525 26TH ST W, Norfolk VA 23517

OOPS! We sold this one already!
New Construction In Granby High School District!

Property Description

New Construction with all the bells and whistles. Very centrally located close to the highway, hospital, military bases, colleges, shopping centers and so much more. Stainless Steel appliances nice open floor plan with hardwood floors. Photos are of similar construction.

Key Details

  • Bedrooms 3
  • Full Baths 2
  • Half-Baths 1
  • Square Footage 1,700
  • Year Built 2016
  • MLS Listing ID #1646514

Location

Building

  • New Construction1
  • FlooringCarpet, Wood
  • FoundationCrawl
  • Miscellaneous FeaturesWarranty Plan
  • Type of roofAsphalt Shingle
  • SidingBrick, Vinyl
  • Total Building Square Footage1700
  • Stories2.0000
  • StyleContemp
  • 2016

Rooms

  • Total Rooms 6

Structures

  • ParkingDescription Off Street
  • Pool Description No Pool

Systems

  • Appliances 220 V Elec, Dishwasher, Dryer Hookup, Range, Refrigerator, Washer Hookup
  • Cooling System Heat Pump W/A
  • Equipment Attic Fan, Ceiling Fan
  • Heating Heat Pump W/A
  • Sewage Type City/County

Water

  • Water Body Type City/County
  • WaterFront Description Not Waterfront

See Other Homes In The Park Place Neighborhood!

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Gone! 102 Lassiter Lane, Gates County Nc 27979

Front of house for sale located at 102 Lassiter Ln, Sunbury, NC 27979
102 Lassiter Ln, Sunbury, NC 27979

OOPS! This one is gone!
Get A Custom Built Country Home!

Property Description

Seller will put a 1500 Sq ft 3 bedroom 2 Bath home on the land. You get to choose what you want for you next home! Located close to highway 32 for an easy commute to Virginia or Elizabeth City. Spread out on almost an acre & half of land! NC License # 278320. Photo is of similar home to be built.

Key Details

  • Bedrooms 3
  • Full Baths 2
  • Square Footage 1,500
  • MLS Listing ID #1652317

Location

Building

  • New Construction 1
  • Flooring Carpet, Other
  • Foundation Crawl
  • Type of roof Asphalt Shingle
  • Siding Vinyl
  • Total Building Square Footage 1500
  • Stories 1
  • Style Modular, Ranch

Rooms

  • Total Rooms 6

Structures

  • Parking Description Street
  • Pool Description No Pool

Systems

  • Appliances Dryer Hookup, Washer Hookup
  • Cooling System Central Air
  • Equipment Ceiling Fan
  • Heating Heat Pump
  • Sewage Type Septic

Water

  • Water Body Type City/County
  • WaterFront Description Not Waterfront

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SOLD! 304 Gee St, Portsmouth, VA 23702

Sorry! This one is sold!
Stunning New Construction!

Front of 304 Gee St, Portsmouth, VA 23702
304 Gee St, Portsmouth, VA 23702

Property Description

STUNNING NEW CONSTRUCTION! Gourmet kit w/ 42 cabinets and SS appliances. Granite thru-out and custom ceramic tile in baths. Trey ceilings in master bedroom w/ a huge walk-in closet. French doors leading to the back patio. This home is gorgeous w/ natural light and great location near golf courses & schools!

See The Other Highland Biltmore Houses For Sale!

Key Details

  • Bedrooms 4
  • Full Baths 2
  • Half-Baths 1
  • Square Footage 2,110
  • Year Built 2015
  • MLS Listing ID #1604456

Location

Building

  • New ConstructionYes
  • Exterior FeaturesPatio
  • FlooringCarpet, Ceramic, Laminate
  • FoundationSlab
  • Interior FeaturesWalk-In Closet
  • Type of roofAsphalt Shingle
  • SidingVinyl
  • Total Building Square Footage2110
  • Stories2.0
  • StyleTraditional
  • ViewCity

Rooms

  • Total Rooms11

Structures

  • Garage DescriptionVacant
  • ParkingDescription2 Car, Attached, Garage, Multi Car, Off Street
  • Pool DescriptionNo Pool

Systems

  • AppliancesRefrigerator, Range, Dishwasher, Disposal, Washer Hookup, Dryer Hookup
  • Cooling SystemCentral Air
  • EquipmentGar Door Opener
  • HeatingHeat Pump
  • Sewage TypeCity/County

Water

  • Water Body TypeCity/County
  • WaterFront DescriptionNot Waterfront