Real Estate Agents In New Jersey Answer Your Questions: What Goes into the Cost of Building a House?

Real Estate Agents In Nj What Goes Into The Cost Of Building A House

If you’re a DIY type, you may have considered the possibility of building your own house. After all, investing in land for sale near you can show strong returns, and if you build your own home in Andover, you get to make it just like you want it. However, many people end up asking their real estate agent in New Jersey the same question: what goes into the cost of building a house? Here are some important factors to consider.

1. Average Cost To Build Your Own Home
Research of other homes shows that it costs, on average, between $100 and $200 per square foot to build your own home. That means that a 2,400 square foot house will cost you anywhere from $240,000 to $480,000. Yikes! That can be more than you’d pay to buy a house in Andover, and way more than you’d pay to buy a foreclosed house in NJ!

2. Where Your Money Goes
How can it be so expensive to build your own house? The biggest costs are in terms of labor. The land and site development costs should be only a small fraction of your total costs, maybe 5-10%. Setting the foundation, framing your building, and completing exterior work accounts for another 30-40%. Your major appliances and utilities (think electricity, sewage, HVAC and more) eat up 10-15% of the costs, and the final stage hits hard, with 25-30% of your costs typically being the interior finishing, such as drywall, floors, and cabinets.

3. The Hidden Costs and Value
If you see a cheap plot of land, those dollar signs might shine in your eyes! Unfortunately, while land for sale is often cheap, the costs of developing that land are much higher. If cost savings are where you’re at, consider buying a “fixer upper” or call your real estate agent in Bergen County to find out how to buy a foreclosed house. However, if your dream is to build something unique, to know that you are the only person who has ever lived in your house, or you just love that DIY thrill, building your own house can be a great project!

Get started on your next real estate project today with help from Sheldon Neal and his team! They have helped so many people buy and sell homes, source commercial real estate, and make strong real estate investments in NJ, and you can too!

Why Savvy Homeowners are Looking for Homes For Sale in New Jersey

Homes-For-Sale-In-New-Jersey

Are you on the search to buy a home for sale in New Jersey? From Aberdeen to Brookside and beyond, people are looking for great homes for sale all over New Jersey, especially the suburban and rural areas. Why are these homes so popular? Keep reading to find out!

Escape from NY!
Between the pandemic, the rent crisis, and the closure of many small businesses and restaurants, big cities like NYC are clearing out! Across the nation, many big cities are seeing significant chunks of their population move elsewhere. The pandemic brought to the front of everyone’s mind the same thought: We are too crowded here and it is unhealthy! Whether you want a room to hang laundry, for the kids to play outside, or just to breathe fresh air, a move away from the big city is on many people’s minds right now.

A Fresh Start
Even if you never cared for city life, now is a great time to make a fresh start. Mortgage rates are very low, so if you’re looking for a home for sale in Belvidere or Andover, this may be a great time to lock in those rates! There are so many areas throughout NJ and the tri-state area that are expanding and growing, meaning you could even score a brand new home for sale for a great price!

Why You Need A Top Realtor in Oradell!
With these great reasons, you’re probably searching for homes for sale near you right now! But before you get too far along, don’t forget a very important ingredient—a top Realtor! Most people only purchase a few homes in their lives, so don’t waste time with an unresponsive or unmotivated real estate agent. New Jersey has many fine real estate agents who will help you find the perfect home, at a great price, with affordable financing.
Don’t wait! Sheldon Neal and his team have helped hundreds of people buy homes in NJ before and during this pandemic! Expand your options, get out of the city, or just take advantage of the great low mortgage rates and call an expert realtor in Bergen County today!

Real Estate Agents Share Tips To Safely Buy Houses in Oradell NJ During COVID-19

Buying Or Selling A House In Oradell Nj

If you are interested in buying a house in Oradell NJ, you may hesitate. Is it really the right time to buy or sell a home in NJ with the COVID-19 pandemic? This pandemic has been with us for many months, and is not looking like it will end anytime soon, which means that your life—and your house hunt—must go on! Fortunate, experts in real estate know how to keep your property safe, whether you are buying or selling homes, buying commercial property, or even buying land in NJ. For home-buyers, here are our top tips!

1. Think to the future.
Is this pandemic going to persist? Will there be other, similar viruses? When you are considering the location where you will buy your next home in Oradell, you need to take even these unusual questions into consideration. Those who have big homes, spacious yards, and areas for outdoor entertainment report that the pandemic, especially the lockdown, has been a little smoother. Is a big back yard or a stylish patio a deal-breaker? Make sure to let your real estate agent know so they can help find the best property.

2. Go virtual.
One of the best ways to stay safe during this pandemic is to keep your interactions virtual. Most of the best real estate agents in Oradell are starting with phone or video consultations, and continuing to utilize as much technology as possible through the process of helping clients in NJ buy houses. Many real estate agents also offer special virtual tours, either recorded, or live, so you can “zoom in” when you need.

3. Make careful plans
You should always plan ahead when making big purchases like buying houses in Oradell, NJ, but during the pandemic, this is even more important. In the past, home-seekers would tour dozens of houses, many without ever seeing photos of the property, and use this as a screening tool. Given the risk of contact, during the pandemic it is best to always have a plan for what you are going to be spending your time on. Pick only the best few homes, schedule a video tour, and save your in-person visit for your final contestants. When you come for a showing, be prepared with a mask, and keep in mind that many real estate agents in NJ will also provide gloves and booties to keep everything as contact-free as possible.

If you’ve been putting off your next house purchase, don’t let time and great mortgage rates pass you by! Set up an appointment with a skilled real estate agent in NJ and start looking at photos and videos now; then talk more with your agent about the best ways to stay safe while checking out the property! Agent Sheldon Neal has worked tirelessly throughout the pandemic to keep himself, his properties, and his clients safe while finding homes for sale in NJ.

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RE/MAX Real Estate Limited are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last update: 06/05/18.
Source: New Jersey Multiple Listing Service, Inc