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Norfolk & Newport News Communities with Discounts and Incentives

9 Communities

Huntington Pointe by LGI Homes in Norfolk-Newport News Virginia
Home in Huntington Pointe by LGI Homes
Home in Huntington Pointe by LGI Homes

$330,900 - $465,900

Huntington Pointe

Newport News, VA 23608

7 Floor Plans

Hot Deal

LGI Homes

4.0

River Club by Chesapeake Homes in Norfolk-Newport News Virginia
Home in River Club by Chesapeake Homes
Home in River Club by Chesapeake Homes

$509,900 - $749,900

River Club

Suffolk, VA 23435

9 Floor Plans

Hot Deal

Chesapeake Homes

Branford Square at Greenbrier by Dragas Companies in Norfolk-Newport News Virginia
Home in Branford Square at Greenbrier by Dragas Companies
Home in Branford Square at Greenbrier by Dragas Companies
Up to $20,000

$274,900 - $329,900

Branford Square at Greenbrier

Chesapeake, VA 23320

2 Floor Plans

Hot Deal

Dragas Companies

The Preserve at Lake Meade by Chesapeake Homes in Norfolk-Newport News Virginia
Home in The Preserve at Lake Meade by Chesapeake Homes
Home in The Preserve at Lake Meade by Chesapeake Homes
$18,000

$479,900 - $655,900

The Preserve at Lake Meade

Suffolk, VA 23434

5 Floor Plans

Hot Deal

Chesapeake Homes

Haven at Centerville by Chesapeake Homes in Norfolk-Newport News Virginia
Home in Haven at Centerville by Chesapeake Homes
Home in Haven at Centerville by Chesapeake Homes

$554,900 - $755,233

Haven at Centerville

Chesapeake, VA 23320

7 Floor Plans

Hot Deal

Chesapeake Homes

Hickory Manor by Dragas Companies in Norfolk-Newport News Virginia
Home in Hickory Manor by Dragas Companies
Home in Hickory Manor by Dragas Companies

$599,900 - $674,515

Hickory Manor

Chesapeake, VA 23322

3 Floor Plans

Hot Deal

Dragas Companies

Guilford at Spence Crossing by Dragas Companies in Norfolk-Newport News Virginia
Home in Guilford at Spence Crossing by Dragas Companies
Home in Guilford at Spence Crossing by Dragas Companies
Up to $15,000

$290,570 - $350,570

Guilford at Spence Crossing

Virginia Beach, VA 23456

2 Floor Plans

Hot Deal

Dragas Companies

Ashville Park by Chesapeake Homes in Norfolk-Newport News Virginia
Home in Ashville Park by Chesapeake Homes
Home in Ashville Park by Chesapeake Homes

$929,900 - $1,125,900

Ashville Park

Virginia Beach, VA 23456

7 Floor Plans

Hot Deal

Chesapeake Homes

Plantation Woods by Dragas Companies in Norfolk-Newport News Virginia
Home in Plantation Woods by Dragas Companies
Home in Plantation Woods by Dragas Companies

$629,900 - $703,765

Plantation Woods

Chesapeake, VA 23320

3 Floor Plans

Hot Deal

Dragas Companies

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Market Snapshot

New Homes in Norfolk-Newport News by Region

RegionCommunitiesAverage New Home Price
East Norfolk 8$136,000
South Norfolk 25$274,000
West Norfolk 18$192,000

Norfolk-Newport News Cities with New Home Hot Deals

CityCommunitiesAverage Home Price
Chesapeake4$568,292
Virginia Beach2$607,137
Suffolk2$499,954
Newport News1$490,606

New Communities with Deals & Builder Incentives in Norfolk & Newport News

NewHomeSource helps you find some of the best deals in Norfolk & Newport News, VA. No matter what part of Norfolk & Newport News you want to call home, NewHomeSource can find you some of the best home deals in the city. Our team of pros will not only help you find the home that's right for you; we'll also help you find it for the best price. We know that buying a new home is one of life's big investments. That's why we are providing you with today's new homes with hot deals, incentives and discount available to make the process a little more affordable.

New Home Community Incentives in Norfolk & Newport News, VA

Some of the best new home builder incentives and discounts in Norfolk & Newport News occur at the start and at the end of community development. In the beginning, the builder needs sales momentum for the community and may offer grand opening incentives on top of early phase pricing. Getting in early on a desirable location can mean price appreciation before the first phase is even complete. Also, at the end of a development, the home builder may discount remaining lots to cut the overhead cost of keeping the community open and the extra expense of relying upon outside real estate agents.

Regardless of the building phase, you will likely find incentives from builders involve financing and/or discounts on upgrades. This makes sense as the first set helps consumers by making the home more affordable. Home builders often will pay for or discount closing costs particularly if you are using their preferred lender. See our buyers guide to closing cost incentives to learn the basics of these builder concessions. It is usually a win-win. You get a better price on your new house and the builder makes additional profit selling more and financing your home. You usually earn these incentives by working with preferred lenders and related title companies. Of course, you will still want to compare interest rates and other fees to be sure your deals are fair.

Beyond financing, home builders often will provide incentive to purchase options and upgrades to your new home. The profit margin on upgrades are typically higher than the actual home construction, so builder often have more room to negotiate. The value of these are harder to assess. This short post on home builder promotions will help you put these discounts in perspective.

Here is a quick overview of new housing developments in the Norfolk & Newport News area with incentives and promotions:

Builders offering Incentives3
Communities with Promotions9
Floor Plans Available45
Quick Delivery Homes52