The Pros and Cons of Buying a New Construction Home in Tampa

The Pros and Cons of Buying a New Construction Home in Tampa

Tampa’s home prices are steadily increasing. Homes are also flying off the market and placed under contract faster than being listed for sale. In the current market, inventory for residential real estate is low and if you are looking for a specific home with all of your wish list items checked, you may find it hard to come by. 

For that reason, Tampa has seen an increase in new construction homes. An option for Tampa residents to secure a home and in the time frame needed (and with all of the shiny and new features) is to build a newly constructed home. You may find new construction homes are priced the same or a little higher than already developed residential homes. However, there are a few areas you need to consider first. 

Does building a new construction home seem like the right fit for you? Take a look at some of the advantages and disadvantages of buying a new construction home in the Tampa Bay area.

4 Reasons Why You Should Buy a Home in Tampa, Florida

4 Reasons Why You Should Buy a Home in Tampa, Florida

Are looking to move to a city rich in history, arts, culture and beautiful warm weather year-round? Then Tampa, Florida is the perfect place to call home. Located on the west coast of central Florida, Tampa has captured the interests of businesses, tourists, and new residents of all ages, orientations and cultural backgrounds. 

Tampa is metropolitan city that has it all. It’s recognized for its fine universities, world class healthcare facilities, top-rated international airport, quality museums, excellent restaurants, and the nation's top craft breweries. 

Aside from Tampa's growing culture and vibrant cityscape, here are 5 more reasons, from a real estate standpoint, to buy a home in Tampa: