Buyers should know that new construction homes in Minnesota may involve different contracts, timelines, upgrade packages, builder incentives, warranties, and financing requirements than resale homes. It is important to understand what is included in the base price, what counts as an upgrade, and how long construction may take.
In growing Twin Cities suburbs and nearby Wisconsin communities, buyers should also compare builder reputation, lot premiums, neighborhood amenities, future development plans, and estimated property taxes before signing a purchase agreement.