How to Purchase New Construction in Oklahoma 

Three Ways to Buy a Residential New Build

By Kara Bishop

There’s nothing quite like that new home smell. 

Purchasing a brand new home over an existing property has many benefits. New homes are typically more energy efficient, have lower-cost maintenance, are move-in ready, and come with a new home warranty to name a few. 

If you know you want to buy new construction in Oklahoma but you’re not sure how to go about it, this article is for you. I will detail the three options you have for purchasing a brand new home in Oklahoma: spec houses, semi-custom homes, and custom built from the ground up. 

Keep reading for a deep dive into each option and some tips to help you determine which option is the best for you. 

Brand New Home Built on Spec

One way to buy new construction is to purchase a recently completed home. The pros are that you don't have to wait for your home to be finished and you get to move into a brand-new place! The one downside of going this route is you don't get to make any customizations to your new build.

Buying a brand new spec home may be the best option for you if you know you want a new house but you don’t want to wait for construction to be complete. In addition, you want move-in ready but don’t mind making design changes over time to meet your specifications. 

Semi-Custom Home in a New Development

The second option is purchasing a new build that's going up in a new development. With this option, you will work with a builder to select your lot and choose your finishes. You get to select from various options for flooring, countertops, cabinets, upgrades, and more -- but your home will likely be similar to your neighbors.

This may be a good option for you if you have a little bit more time to wait for your house to be completed. You also must be okay with choosing from a selection of finishes rather than having total control of the design.

Completely Custom Built

The third option is to build a home designed and built to your exact specifications. With this option, you find and purchase your own plot of land and obtain a construction loan to acquire funds to build your property. Then you will research and hire the building team to build your residence from the ground up. 

A custom built home may be right for you if you:

• Have the budget for it. A custom home comes with a heftier price tag than the other options.

• You want to build your dream home that fits your exact specifications. 

•  You have several months to a year (or more) to wait for your house to be completed.

Last but not least, building a home can be a long, arduous process with speed bumps along the way. It also takes careful planning, diligence, and discipline to not go over budget. It isn’t for the faint of heart, but just imagine walking into your dream home for the very first time. 

Ready to Purchase New Construction in Oklahoma?

If you’re ready to buy a brand new home in Oklahoma, you need an experienced new construction realtor by your side to guide you through the process. 

Whether you are looking to buy a spec home, a semi-custom home, or build from the ground up, I can help you find your location and connect you with local builders, lenders, contractors, inspectors, and escrow officers. I know the best builders in the Tulsa area, where new neighborhoods are going up, and the price points for various new construction projects. In addition, I’ll serve as your negotiating expert to ensure you’re getting the best deal possible.

Ready to call a new build in Oklahoma your own? I’m an Oklahoma realtor serving the greater Tulsa area. Contact me at [email protected] to schedule a free consultation.