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New Construction Homes for Sale in Lorraine, NY
What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in Lorraine, NY usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in Lorraine, NY hold their value?
Yes, especially in fast-growing areas of Lorraine, NY. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.
Home Trends in Lorraine, NY
On average, homes in Lorraine, NY sell after 163 days on the market compared to the national average of 55 days. The median sale price for homes in Lorraine, NY over the last 12 months is $229,950, up 39% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$229,950
Median Single Family Sale Price
$229,950
Average Price Per Sq Ft
$162
Number of Homes for Sale
0
Last 12 months Home Sales
4
Months of Supply
0.00
Median List Price
$234,949
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
39%