6 Questions to Ask Your New Jersey Home Builder

6 Questions to Ask Your New Jersey Home Builder

Doing work to your home can be a daunting process. There is always the risk of things going wrong or being out of a bathroom or kitchen for weeks longer than expected. That’s why finding a home builder can make all the difference in the world. Before starting your next project, be sure to ask all of your potential New Jersey home builders these six questions: Can you provide me with an itemized bid? This can seem like an obvious step but many customers don’t think about it. When you hire a home builder, they are doing a lot of different things for you – demolition, electrical work, tiling, drywall, painting, etc. You want to make sure you know exactly what they are doing and how you are being charged for them. Additionally, having a broken down list will help you compare contractor’s pricing as well as assist you in deciding which part of the project you want to keep and which to cut. It will also prove handy if anything is added to the project. Home builders should have no problem providing this list so consider it a red flag if there is resistance. Is this price estimated or fixed? You need to know what you’re getting yourself into when you start a home project. Hiring a home builder is no cheap expense so knowing if a bid is an estimate or fixed price can help you make a decision about who to hire. If your home builder can give you a fixed price then you know exactly what to expect. An estimated price leaves you hanging. Many...
New Jersey Home Builders End Strong for 2014

New Jersey Home Builders End Strong for 2014

Owing largely to the construction of multifamily dwellings, New Jersey home building has continued to increase as the year draws to a close. With 2015 right around the corner, it looks as though 2014 will prove to have been the strongest year for New Jersey home builders since 2006. Here at D.E.N.J. Inc., we’re proud to be a part of this growth. A Good Year to Build Throughout November and December, New Jersey home builders like D.E.N.J. have obtained permits for tens of thousands of new housing units, putting new home permit acquisition at nearly 15 percent above the same period in 2013. It seems that New Jersey is continuing its climb out of the deep housing crash of the mid-2000’s that brought home construction to near scratching halt with new home numbers as low as 13,000 units a year. Nearly 60% of all new homes built this year have been multifamily dwellings, primarily rentals. This represents a striking shift from previous development patterns that favored suburban growth. The multifamily home sector has been so vibrant this year that experts have begun to question whether it might lead to a market oversupply of new rentals. Seemingly in response to this concern, multifamily dwelling permits saw a gradual decline in the last few months of 2014, especially when compared to the summer months. It is possible that New Jersey home builders are worried about flooding the housing market. A Boom for Rentals The majority of these multifamily homes are destined to be rental properties. In most of New Jersey, demand for such dwellings is very high. Many households live on...
Top 5 Reasons to Build your Luxury Home in New Jersey

Top 5 Reasons to Build your Luxury Home in New Jersey

Some call it the Garden State. Others simply call it ‘The Shore’. But a lucky few of us have the privilege of calling it home. New Jersey is a fantastic place to live, as the nearly 9 million residents of this great state would attest. For those looking to build a luxury home, New Jersey affords a wealth of powerful incentives to encourage prospective New Jersey luxury home buyers to ‘plant roots’ in the Garden State. So, what makes New Jersey such a great place to build your luxury home? Education The importance of eduction cannot be overstated. The quality of your child’s education will be the single greatest factor in determining their lifelong professional success. New Jersey schools provide their students with one of the very best educations our country has to offer. New Jersey schools earn top marks in annual educational quality rankings year after year. And a bevy of private K-12 learning institutions provide accepted students with an even higher quality of learning. Shopping New Jersey is a shoppers paradise. The Garden State has more malls per square mile than any other state in the country and a huge variety of national brand outlet stores stretching from the beach-front boulevards of Atlantic City to bustling thoroughfares of Tinton Falls. Whether your tastes lean toward the classical or the modern, the luxurious or the the thrifty, somewhere in New Jersey there is the perfect store for you. Proximity to Major Metropolitan Areas For those who work in Manhattan or Philadelphia who want to go home to somewhere a little less busy, New Jersey offers a perfect compromise....
A Guide to the New Jersey Home Builder Process

A Guide to the New Jersey Home Builder Process

Home buyers who choose to go with new construction often have many questions regarding the home building process. While all New Jersey home builders are different, the home building process is fairly universal. This article will explain what a home buyer can expect during the major construction phases. Bear in mind that the home building process may vary by region and by home builder, particularly in the case of elaborate custom homes. Be sure to ask your New Jersey home builder about his or her specific policies and procedures. Site Prep and Foundation Often, site preparation and foundation work is performed by the same crew, except in the case of wooded lots. Wooded lots require specialist to clear. During the site prep phase, the lot is cleared of rocks, debris and other obstructions to construction. Also during this phase the septic system and all associated hook-ups are installed. The crew also levels the site and sets up a wooden frame as a template for the foundation. Also during this phase, the foundation is set. If the home is going to have a basement, the hole is dug and the foundation walls are poured. If it’s slab-on-grade, the footings are dug, formed, and leveled. The area is then fitted with utility runs and the slab is poured. First Inspection Once the concrete for the foundation is cured, a city inspector will visit the lot to ensure the work completed is up to code. Provided the inspection goes well, the home builder will remove the forms. Rough framing In this phase the skeleton of the house is erected. Plywood is installed...
Why Choosing the Right New Jersey Home Builder Matters

Why Choosing the Right New Jersey Home Builder Matters

Buying a new home is one of the biggest investments you will ever make. For those prospective homeowners who opt to have a custom home built, the investment is even larger, as is the risk. But the benefits of homeownership are many, and by making smart choices when building a home you can fortify your investment and ensure that you reap its dividend for years to come. While considerations like location, styling, and built-in amenities are all very important considerations for homeowners looking to build a custom home, one of the most important decision to make is choosing the right home builder. There are no shortage of options for prospective homeowners looking for a New Jersey home builder. But what New Jersey home builder is right for you? What construction firm is best equipped to ensure a safe return on your investment? While every homeowner’s situation is different, there are certain universal metrics that any prospective home owner should consider when evaluating a New Jersey home builder. Experience You wouldn’t trust a first-year med student to perform a heart by-pass, so why choose an inexperienced construction firm to build your new home? Experience and know-how go a long way in the residential construction field. Home construction is a complex and intricate process involving the collaborative efforts of professionals and artisans across several disciplines. An experienced construction firm is skilled in managing the multifaceted labor demands of a home construction project. This greater experience translates into shorter build times, higher value per dollar, and of course, better final results and higher customer satisfaction. Past Work A New Jersey home builder’s...
Sale of Luxury Homes in New Jersey On the Rise

Sale of Luxury Homes in New Jersey On the Rise

According to recent reports, the number of sales for luxury homes in New Jersey is on the rise. Recent sales numbers have shown that while the total number of homes sold in New Jersey has decreased, the average dollar amount spent per home has increased. The reason for this rise is a steady increase in the sales of luxury homes in New Jersey, primarily in Bergen and Passaic County. Sales of luxury homes in New Jersey have seen a steady increase during the month of August, particularly in North Jersey. Higher-end properties are taking up a bigger share of the market, which has had the effect of boosting the median home price across the board. In New Jersey, the average price for homes sold in August was $285,000, which represents an increase of over $13,000 in comparison to July. And this trend extends beyond the bounds of the summer sales season. The number of home sales valued at over $200,000 has risen nearly 10 percent over last year, while the number of homes valued at $200,000 or less saw a dip of over 9 percent. Luxury homes in New Jersey have always gone for prices above the national average, largely owing to the increased cost of living in the garden state and property values ranking near the top of the nation. Despite the higher costs, people in the market for luxury homes still flock to the state as its proximity to Manhattan and Philadelphia make it an attractive option to professionals working in these two metropolitan centers. For these people, the home prices in New Jersey pale in comparison...
The Benefits of a Custom Home in New Jersey

The Benefits of a Custom Home in New Jersey

For those in the market for a new home, buying a custom home in New Jersey offers numerous benefits over purchasing an existing unit. First and foremost, purchasers of a custom home in New Jersey have the opportunity to customize their new home to their own unique specifications. But the benefits of a custom home don’t stop there. Check out this short list detailing the many benefits of custom home design. Customer Satisfaction No two homeowners are alike. When you buy an existing home, you’re buying a home built around another person’s unique needs and wants, rather than your own. With a custom home, you are the final word in every design decision, from the carpets to the counter-tops to the lighting. And when you’re the one calling all the shots, your satisfaction is nearly guaranteed. When you build a custom home in New Jersey, there’s never a need to compromise. Energy Efficiency When you build your custom home in New Jersey from the ground up, you have ample opportunities to implement energy efficient features into your new home. Water saving toilets and sinks, energy efficient appliances, and high quality insulation and windows can be installed in your custom home at costs well below what a retrofit would run you. Extras Maybe you’re a car enthusiast who needs a jumbo sized garage to store your fleet. Maybe you’re a collector of memorabilia who needs a little extra room to display their collection. Maybe your a workout nut and need some extra space to house your personal gym. Whatever your unique needs, a custom home in New Jersey can be...
2014 to be Biggest Year for New Jersey Home Builders Since 2005

2014 to be Biggest Year for New Jersey Home Builders Since 2005

New Jersey is state defined by a ‘can do’ attitude. Our residents are tough, resourceful, and refuse to let disasters and set-backs dampen their spirits or slow their progress. This attitude can be seen clearly in the most recent forecast for New Jersey home builders. Despite the continuing Sandy recovery efforts and a slew of weather delays during last winter, New Jersey home builders are set to start construction on the largest number of new homes in the state since 2005. New Home Growth: 30% Including requests honored in July, New Jersey home builders have obtained over 17,000 building permits, according to the U.S. Census Bureau. This represents a growth in home building of more than 30% over last year. Leading this charge is a boom in the construction of rental properties and a sktrocketing demand for housing in the New Jersey region after Superstorm Sandy. More than 60% of the newly permitted homes will be multi-family dwellings destined to serve as long-term rental properties. As many families struggle with financial losses following Superstorm Sandy,not to mention tightening mortgage lending standards, these rental properties are expected to be highly sought after in the coming years. North Jersey Leads the Pack Following the trend of previous years, North Jersey is set to dominate the home construction market, with 30% of all building permits going to New Jersey home builders in the northern part of the state. This skewed distribution is largely owed to spillover demand from the New York housing market and higher earning per capita among resident in New Jersey’s northern reaches. Economists suggest that the total number of...
Things to Consider When Choosing a New Jersey Home Builder

Things to Consider When Choosing a New Jersey Home Builder

Building a new home in New Jersey starts with choosing the right New Jersey home builder. But what makes a home builder ‘right’? What are the metrics to judge which New Jersey home builder is best equipped to make your dream home a reality? Experience The first thing to consider when selecting a New Jersey home builder is the level of experience they bring to the table. There are hundreds of home builders in New Jersey, offering everything from pre-fab homes to multi-million dollar estates, and everything in-between. What sets many of these builders apart is the level of experience they have in the field, and in a field as complex as home construction, experience counts for a lot. A newer construction company that has only been in business for a few years may offer unrealistically low prices and make pie-in-the-sky promises, but will ultimately come up short. An experienced firm, on the other hand, has the wisdom and industry connections to make sure that your new construction goes off without a hitch and stays within budget. D.E.N.J., Inc. has over 25 years of experience as a New Jersey home builder and will put that experience to work for you. Past Work Another great way to gauge to quality of a home builder’s work is to make note of the quality of their past work. You wouldn’t trust a mechanic with a history of performing sub-standard work, or a deli that makes lousy sandwiches. So why would you trust a New Jersey home builder that delivers lackluster results? Do some research and find examples of your considered home builder’s...
Why You Should Be Looking at New Construction

Why You Should Be Looking at New Construction

If you’re in the process of buying a new home, you know how many important decision need to be made along the way. How many bedrooms do you need? How many bathrooms? In what town? Do you want a garage? What about storage? It’s enough to make a home buyer’s head spin. And then there’s an even bigger decision to make; one that some home buyers never even consider. Namely, should you buy an older home or go through the process of having new construction completed? While building a new home can be a more complicated and time-consuming process than buying an existing home, new construction does offer several advantage over older homes. For example… New Construction is Customizable Most home builders encourage their customers to help in the design process, which affords home buyers the opportunity to tailor their living space to their unique wants and needs. A home buyer can decide how many bedroom to have built, and where to put them. They can choose custom building material and flooring to create a truly unique home that is all their own. New Construction is More Energy Efficient Energy efficiency has only been a concern for home builders for the past few decades, and only made a top priority relatively recently. Legislation passed during the early 70’s established construction standards requiring that homes be built with minimum standards of energy efficiency, but homes built before this had no such requirements placed upon them. New construction is built with high-quality insulation that is better at keeping homes warm in Winter and coll in Summer, reducing heating costs. Modern windows...