Should You Buy First or Buy Last in a New Home Community?

By Lew Sichelman

Jul. 15, 2025 at 12:06 PM CST

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Each comes with trade-offs. Timing matters.
Early buyers: lower prices, higher risk
  • Pricing: Builders often start with discounted homes to attract interest. Prices usually rise as more homes sell.

  • Lot selection: You might not get the prime lots. Some builders hold those back. Others release the best ones first.

  • Unfinished amenities: Pools, clubhouses, and parks may still be in planning or construction. You’ll have to trust the vision.

  • Noise and mess: Construction will be a daily reality for months or years.

  • Fixes are easier: Subcontractors are still on site, so punch-list repairs are usually quick.

  • Community bonding: Early buyers often form the tightest neighbor connections.

Biggest risks: Design flaws in early models, incomplete infrastructure, and unproven follow-through from the builder.

Late buyers: more certainty, less connection
  • Move-in ready: Roads are paved, homes are built, landscaping is mature, and the vision is complete.

  • Quieter life: Less noise, fewer trucks, no dodging debris on your walk.

  • Harder to meet neighbors: The social fabric may already be woven.

  • Repairs take longer: Subs may have moved on – small fixes can be a hassle.

  • Possible deals: Builders may cut prices or throw in upgrades to close out the final homes, but don’t expect the same discounts as day one.

Biggest perk: You know exactly what you’re getting.

No one-size-fits-all strategy

Prices, perks, and lot release strategies vary by builder and market. Some developers go big with early discounts. Others hold firm and don’t deal – even at the end.

The bottom line

Buy early for the best deals and more neighborly vibes – if you can handle some dust and trust the vision. Buy late for move-in-ready calm and clarity – if you’re okay paying a little more and forging new social ground.

Pro tip: If you find a home you love in a community that fits – buy it. Waiting for a perfect deal can cost you the right one.


lew-sichelman

Lew Sichelman

Lew Sichelman is a nationally syndicated housing and real estate columnist. He has covered the real estate beat for more than 50 years.