List of New Neighborhoods in South Austin

new-construction-1200x900.jpg

List of new neighborhoods in South Austin

NEW CONSTRUCTION IN SOUTH AUSTIN

Housing demand continues to be at an all-time high in central Austin, and properties priced under $500,000 are continuing to sell quickly. Because of the high demand and low inventory, new homes are popping up along with new neighborhoods. For a buyer in Austin’s market, it’s good to keep your options open and a new home may be something to consider. With new construction there are 2 basic options: production homes and custom homes.

 

PRODUCTION HOMES

A production home involves similar housing designs used over and over. These are typically seen in neighborhoods that are built by large-volume home builders. Builders typically provide a buyer with several floor plans for one neighborhood, with a menu of upgrades and customizations to choose from. Builders may also have “spec homes” in these neighborhoods. The term “spec” is short for speculative home. This is when a home is built with no particular buyer in mind. This limits your options to pick out customizations because a spec home is typically bought during or after production.

 

CUSTOM HOMES

Another route is to build a custom home. If you’re an indecisive person, I would not go this route as this is truly a one-of-a-kind build. The buyer has complete control over the development and all design. Your options are endless! Just keep in mind that this option will be a bit more pricey, depending on what you pick out. Also, think about timing. If you buy a resale home, you typically can move in within 45 days after your offer is accepted. A custom built home can take, on average, 5 to 6 months.

 

PROTECT YOURSELF

Remember it’s important to have your own Realtor guiding you through this process. They are free to buyers (the seller/builder pays commissions) and are hired to look out for your best interest. When buying new construction, don’t be fooled into thinking the builder’s representative can serve as your real estate agent. They are representing the builder’s interest, not yours.


Browse through the following new construction options in South and Southeast Austin. If you’d like more information on any of these neighborhoods, please don’t hesitate to contact me!

 

SOUTH AUSTIN

Zip Code: 78704

Zip Code: 78745

Zip Code: 78748

SOUTHEAST AUSTIN

Zip code: 78741

Zip code: 78744

 

To find out more about buying a new house, feel free to contact me. You can also search for current homes on the market and get neighborhood stats at KristinaModares.com