► Construction mistakes happen – Even the best builders can have oversights. Issues like poorly installed plumbing, faulty wiring, or inadequate weather sealing might not be visible to the untrained eye but can cause expensive problems down the road.
► Multiple inspections can be a smart move – With new builds, some buyers opt for inspections at different phases of construction. A pre-drywall inspection can catch structural or electrical issues before they’re covered up, and a final inspection ensures everything is move-in ready.
► It gives you leverage – If the inspector finds anything that doesn’t meet code or needs fixing, you may be able to negotiate repairs or builder concessions before closing—potentially saving you thousands.
Unlike an inspection, which looks at quality, an appraisal determines value—and if you’re using a mortgage, your lender will require one.
► How new construction is appraised – Since there aren’t resale comps, appraisers typically use the cost approach, factoring in land value, material quality, and construction costs to assess market value.
► It keeps your investment in check – If an appraisal comes in lower than the purchase price, you might have room to renegotiate or challenge the valuation—potentially preventing you from overpaying.
The Bottom Line
Buying a home—especially a new build—is a major investment, and these two steps are your safety net. An inspection ensures the home is built properly, and an appraisal confirms you’re paying a fair price. Skipping them might save you money upfront, but it could cost you significantly more later.
If you’re considering a new build, let’s talk. I’ll guide you through the process and make sure you’re making a smart, informed investment.
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