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Real Estate Blog

When you take a look at the Michigan new construction market, there is one thing that is easy to see. This area is seeing a significant amount of new development throughout the state. Whether you are considering buying a home that’s near one of the large cities, in the more remote, wooded areas, or even right along the lakefront, Michigan home buyers are building rather than just buying. What are the key advantages to doing this?

Home for Sale in Maybury Park Estates. Image Provided by Realcomp.

There is nothing wrong with purchasing an existing home, of course. It is still the most common option. However, building your home can also provide you with a number of fantastic advantages. In some areas, building is less expensive than buying a home,

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Michigan new construction is hot. And, that is means that more people are interested in building their own homes rather than purchasing existing homes already on the market. Why is this happening? It is not necessarily a trend across the country, at least not to the same level of intensity as some communities in Michigan. However, here are very valuable reasons to build a home in Michigan rather than buying one off of the market.

Home Mortgages Are Available and Cheap

There is no bigger reason why this is than because of the affordability present in Michigan. Home prices are more affordable because mortgage interest rates remain very low. As a result, there is more demand than ever for new construction. Low-interest rates are important, but also

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Buying a home in Michigan can provide you with everything you need. Michigan’s existing homes are present throughout the state, with plenty of opportunities to find the exact style for your family available to you. Yet, new construction is very tempting. That’s because, in Michigan, home pricing remains very affordable. You are going to find that land is readily available including in some highly desirable areas. When it comes to building your dream home, you’ll find these are the most common trends taking place here.

Space Matters

One of the key components to new homes in Michigan is added space. Drive any community here and you’ll find most of the homes are under 1,500 square feet if they are five years or older. However, new construction here

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When it comes to buying a home in Michigan, you have the option of taking advantage of the new construction boom occurring here. While much of the state has seen significant depreciation in home values, it has also saw prices for new construction drop significantly. That means that, right now, you can build a custom home that fits every one of your needs and not have to worry or think twice about the cost. It is quite affordable. But, where do you start when it comes to finding new construction opportunities in Michigan?

First, realize there are options throughout the state. This includes homes in the cities and communities of Royal Oak, Canton, and Ann Arbor. The options range widely as well. Some areas are seeing larger homes with more lavish

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It was not very long ago that the real estate market in the heart of Michigan wasn't all that great. In fact, existing home sales were poor and that slowed down the new construction in the area as well. Things are much different today. In fact, in some areas, there is a lack of new housing that is leading to significant and even rapid development of new residential homes. If you are thinking about building a home in Michigan, it pays to get to know the area well especially based on the current market conditions.

What Are Trends in New Construction in Michigan?

New construction is growing in demand here. However, there are fewer luxury homes being built in Michigan and more affordably priced homes instead. I fact, you will find that many of the local

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Wide ranges of new home developments are going up throughout Michigan. This new construction offers everything from downtown, urban properties to vibrant lakefront properties with incredible views. No matter what type of real estate you plan to purchase here, there is most definitely something special out there to purchase. Who is purchasing these new properties? You may be surprised by what is happening in the market today.

Buying New Construction

First Time Home Buyers

Some of the newer developments throughout the suburban areas of Michigan are actually quite affordable. This is making it the ideal area for first time home buyers to find their first home. What's more, new construction for these home buyers provides an excellent opportunity for individuals to get into

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The investment in new construction in the Michigan area is always a good one. New construction provides some obvious benefits including the ability of the home buyer to choose the fixtures and features most important to their unique needs. It's easy to see that building a home can be a good thing for home buyers for this reason, but there are many additional benefits to building instead of buying existing homes. As you take the time to consider your options in real estate, take a closer look at why you may wish to spend some time working with a local Michigan builder.

Building a Home Advantages

Take a look at some of the key reasons so many people are considering building a new home in Michigan. Some are purchasing new construction (not

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It is finally time for you to build your dream home. You are ready to see what your options are and to find an area of Michigan that fits your unique needs. Michigan has a growing new construction market. Numerous home developments are available in a variety of price ranges. While you will find luxury homes here, especially on lakefront homes or within the bigger cities, you will also find single-family homes in suburban areas offering plenty of benefits to you.

Before you buy, though, take a look at some of the latest trends in new construction here. Could these features be ones that you have to have in your next home?

Open Spaces

One of the most prominent themes in new construction in Michigan is open space. Open floor plans are less

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Newly Constructed Luxury HomeNow that the real estate market is growing in Michigan again, there is a new influx of developments occurring in some of the largest markets here. New construction has long been favored by Michigan home buyers because of the older sometimes less accommodating homes that line many of the largest streets. The up and coming areas of Michigan are giving home buyers plenty of amenities and benefits to enjoy. If you are looking for new construction in Michigan, what cities do you hope to move into in the state?

Detroit Offers Promising Opportunities

Perhaps the best place to get started is in Detroit itself. Did you know that the Detroit metro area has seen a huge number of new home communities develop? More than 60 are easily able to be spotted

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Newly Constructed HomeWhen it comes to finding the best of the best in Michigan real estate, focus on new construction. Much of Michigan is seeing significant demand from buyers for new homes, which is a significant change from homes just a few years back. However, there are dozens of projects taking place throughout the state. To find your ideal home, you'll need to take the time to find the right area first. Consider a few key recommendations in your new construction search.

Improving Economic Conditions in Some Cities Is Spurring Development

Many areas of Michigan are seeing significant economic improvement. This is a key factor in the development of new homes in many residential areas. Key areas where this is occurring include:

  • Flint
  • Ann Arbor
  • Grand
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