Should You Buy a New Construction Home in Dripping Springs, Texas?

Over the past years, Dripping Springs has become one of the most vibrant communities in the Texas Hill Country, proposing a balanced lifestyle. You get the vibe of city life while enjoying the serenity of suburban living. The small-town feel of Dripping Springs is absolutely the top selling point of this beautiful place!

Surrounded by lush landscape and cascading hills, it is a Nature lover’s paradise! Currently, several new housing projects are making a big blow in the market, though you will find both existing and new construction homes for sale in Dripping Springs Texas. There is something for everyone!

Nonetheless, before buying a newly built home in Dripping Springs, we insist you consider the pros and cons before investing.

Let’s begin with the PROS:

• No Fixer-Upper- The best thing about a new home is that everything is new and untouched! You do not require repainting the walls or making other home improvements. From the plumbing to the kitchen cabinets, all the components are clean, functional, and absolutely in a proper condition.
• Smart Construction- Today, as we are more conscious about promoting a green environment, builders construct homes with enhanced insulation and improved energy efficiency. New homes in Dripping Springs TX accompany eco-friendly characteristics to curtail energy consumption.
• Customization- How does it feel when you can customize your new home? Awesome, right? Thankfully, new projects allow you to choose your preferred architectural design. If you want a veneer wall in the drawing room or a marble floor in the bathroom, simply speak to the builder!
• Luring Offers- Builders do not want to keep their properties too long in the market. Hence, they propose luring offers like financial incentives, discounts, structural upgrades, etc. You will not receive such proposals in existing Dripping Springs TX homes for sale.
• Builder Warranty- Another significant perk of buying a new property is that you get a builder warranty on specific components like paint, plumbing, fittings, and others. It saves much of your maintenance cost!

Now, what are the CONS?

• Pricey- Evidently, a newly constructed property will be priced higher than an existing one! With first-hand experience, which means access to everything polished and untouched, the price goes up. Similar to buying a new and a second-hand car!
• Property Tax- Do you know a new construction home in Dripping Springs has a higher property tax? Tax appreciation occurs due to the emergence of new developments like restaurants, schools, shops, etc. Thus, if you are moving to an entirely new neighbourhood, expect to pay increased property taxes.
• Restricted Customization- Though you can make customizations in a new home, you do not have a free hand! It means your builder may not allow altering certain fixtures like faucets, cabinet hardware, knobs, etc. Hence, a new property may not be an ideal pick if you have too many preferences!

Home buying always comes with diverse challenges, whether a new or an existing property. So, we at The Mangin Team at Real Broker LLC are here to assist you with comprehensive guidance. Call us for additional information.