8 Things To Remember When Buying A New Construction Home in Kingston 

Nothing compares as moving right into a new construction property if you are a first-time home buyer. Brand new floors, brand new appliances, and a place you turn into a home for your family. From the builder’s track record to closing costs, a lot goes into buying a new construction home in Kingston.

Here are 8 things to remember when buying a new construction home in Kingston: 

1. Get to Know the Builder

Look up the builders you’re interested in, whether they are registered with Tarion, and ask about the materials used and if the home comes with energy-efficient features. Since the home’s ready to move in, ask for a couple private tours before closing. 

2. Understand the Warranty Coverage

A new construction home typically comes with a warranty through Tarion, which protects you from construction defects for up to seven years. You are protected against major structural issues, defects in work and materials, and water damage from external sources. While all builders give the same warranty as per law, but have different processes in dealing with claims. Look up online and read through forums for more information. 

3. Inspect the Home Before Closing

Even if the home is brand new, there will be some issues. Inspectors can catch issues that might be easy to miss, such as uneven floors, improperly installed appliances, or plumbing problems. With the market slowing down, you have an upper hand during negotiations. Also go through a final walkthrough after the inspections to make sure issues were fixed. 

4. Know What’s Included in the Sale

Staged homes are displayed with upgraded fixtures, custom cabinets, and high-end finishes that aren’t part of the base price. Ask in writing all standard inclusions and available upgrades and their costs. Some builders offer free decor dollars, so make sure to ask about any incentives. 

5. Factor in Additional Costs

Closing costs, property taxes, utility hook-ups, and landscaping fees can add up to the property price. If you or a family member plans to occupy the home for 2 years, you’re exempt from HST for up to $24,000. Any HST above it must be covered by you. 

6. Understand the Neighbourhood

Each of Kingston’s neighbourhoods has its own charm. Amherstview has some amazing single family home neighbourhoods too. If you’re specifically looking for family-friendly areas, quiet streets, and closeness to schools, Grenville Park and Midland Park are great options. 

7. Pay Attention to Resale Value

Homes with  energy-efficient features and modern layouts are more appealing and have a better resale value. Even if they are in newer neighbourhoods, new shopping plazas and schools will open in the area, which will increase the price overtime. Hold the property for 8-10 years for best returns. 

8. Plan for Move-In Day

Arrange for movers, utility connections, and internet installation well in advance, so the home’s ready for you by the time you close. Check if the driveway or landscape needs a cleanup. 

If you’re looking for new construction homes in Kingston or Amherstview, check out our ready to move-in homes.