New construction
New homes are being built across the area, especially in Lakewood Ranch and Parrish. Buying from a builder works differently from a resale, so here is what to know before you visit a model.
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New homes in the area
- Lakewood Ranch has 19 active builders. The developer lists new-home prices from the high $200,000s to over $2 million.
- The developer lists 17 neighborhoods with new homes right now. My guides to some of them: Star Farms · Waterside · Windward · Esplanade at Azario · Cresswind · Del Webb Catalina · Calusa Country Club
- Parrish, in north Manatee County, has many newer master-planned neighborhoods and new-construction homes.
Sources: Lakewood Ranch fact sheet (PDF) · lakewoodranch.com new-home neighborhoods
CDDs and HOAs
- In a Community Development District, the first sale contract must say, in bold, that the district may levy taxes or assessments on the property, in addition to county taxes (Fla. Stat. 190.048).
- The district must also make its public-financing disclosure available to prospective residents and file it in the county records (Fla. Stat. 190.009).
- You get an HOA disclosure summary before you sign (Fla. Stat. 720.401).
Sources: Fla. Stat. 190.048 · Fla. Stat. 190.009 · Fla. Stat. 720.401
What to check first
- Bring your own agent from your first visit, and check the builder's agent-registration rules before you go.
- The builder's sales team works for the builder. Read the contract, the deposit terms and the warranty before you sign.
- Hire your own inspector for pre-drywall and final inspections.
- Ask about incentives, lot premiums and what is standard versus an upgrade.
- Flood zone (FEMA) and an insurance quote for the exact lot.
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Luis Odon, REALTOR® · Keller Williams Coastal Living II · 5391 Lakewood Ranch Blvd N, Suite 100, Lakewood Ranch, FL 34240 · (941) 993-8311 · Equal Housing Opportunity. Facts come from the sources linked on this page and can change; confirm them before you buy. This is general information, not legal or tax advice.
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