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so youve seen all of these crazy articles such as this one [Music] this one and this one which makes you think okay since the resale market is so crazy why dont i just go buy a new home because thatll be easier well thats what were going to get into cory benhart here your philly suburbs realtor all right lets jump right into it stick around to the end and i will give you some key tips when it comes to buying new construction homes that you will not want to miss all right lets start with the lot premium typically its a small fee anywhere from ten to fifty thousand dollars again it really depends on how big of a lot your new home is going to be on but because of this crazy increase in the real estate market builders have realized that they can charge the most that theyve ever charged for a lot and keep in mind that the lot premium is just what youre paying for the land that your new home is going to go on it doesnt even include the cost of them building the home any upgrades