What is the Real Price of a New Home?

Purchasing a new manufactured or modular home can be an exciting opportunity. However, it is important to be aware of the additional costs that are not part of the asking price. The following provides a guide to homebuyers navigating the waters of new homes.

Appliances and Outdoor Additions

While a new home can look shiny and free of errors, many times they do not come fully equipped with all the appliances or outdoor finishes you need. These can include stoves, refrigerators, laundry machines, fences, and patios. Other landscaping items can include trees, shrubbery, garden plots, and grass or sod.

Utilities

 Another fact to consider when purchasing and moving into a new home is the cost of utilities, especially putting them in your name. Some energy companies require a deposit if you are a new signer, adding even more money to your new home bill. Television and Internet companies typically charge installation fees as well. Basic utilities for a new home will include:

  • Water
  • Sewer
  • Trash
  • Gas
  • Electric
  • Television
  • Phone
  • Internet

On-Site Improvements:

  • Driveway
  • Garage
  • Landscaping
  • Patios
  • Basement
  • Storm Shelter

Property Taxes

You will be required to pay property taxes, which can be a surprise if you are not aware of the value of your home or reassessments of the property.

If you have more questions about the cost of buying a new modular home, please contact our representatives at Brooks Village Green Homes. We can be reached by calling 618-627-7095 or you can fill out our online form.