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Once in a Lifetime
Just once, or perhaps, twice in your lifetime, you get to build the home of your dreams. This area of Spectrum GMAC Website highlights the opportunities that exist in the Lehigh Valley's New Construction Communities, please review Our Communities for more information on various subdivisions, building opportunities, and quick delivery homes.
The Four Components of New Construction
Land Value:
Land values vary based on location, topography, site improvements, surrounding properties, municipal services and most importantly supply and demand.
Lot Improvements:
Generally includes the costs associated with obtaining necessary permits and utilities to used on your lot. The cost and amount of lot improvements will vary depending on the location and topography of your Homesite (i.e. building permits, water/sewer system, impact fees and grading).
The Home Cost:
Will vary depending on the type of design, specifications and floor plan you select.
Financing Cost:
Will vary depending on the type of loan you choose. Common financing options include conventional, construction and bridge loans. The type of loan you select will determine the funds needed at your real estate closing.
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