One of the biggest surprises for new construction buyers is the gap between the base price of the home and what it actually costs to finish the home the way they want. The model home is beautifully decorated with upgraded flooring, countertops, cabinets, fixtures, and landscaping. None of those finishes are included in the base price.
Base Price vs. Finished Home
The base price of a new construction home covers the structure, standard finishes, and basic landscaping. Standard finishes are functional but basic. You get standard carpet, laminate countertops, basic cabinets, and a small landscaping package that typically includes a front lawn and minimal plants. The backyard is usually dirt or crushed rock at closing.
To get the finishes you see in the model home, you need to select upgrades through the builder's design center. Upgrades are priced individually and can add 10% to 25% to the base price. A buyer purchasing a $450,000 home can easily spend $50,000 to $100,000 on upgrades.
Common Upgrade Costs
Flooring is one of the biggest upgrade categories. Upgrading from standard carpet to engineered hardwood or luxury vinyl plank can cost $5,000 to $15,000 depending on the size of the home. Kitchen upgrades including quartz countertops, upgraded cabinets, and premium appliances can add $10,000 to $30,000. Bathroom upgrades add another $5,000 to $15,000.
Do Not Forget the Backyard
The backyard is one of the most overlooked costs in new construction. Builders typically leave the backyard as dirt, crushed rock, or minimal grading. Completing a backyard with patio concrete, landscaping, and possibly a pool can cost $20,000 to $80,000 depending on the size and features. Nevada's desert climate makes landscaping a necessity, not a luxury, and this cost is entirely separate from the builder's upgrade pricing.
Window coverings are another commonly overlooked expense. Most new homes do not include blinds, shades, or curtains. Covering the windows in a typical three-bedroom home can cost $2,000 to $5,000.
Budget for the Full Picture
When shopping for new construction, ask for the upgrade pricing guide and a list of standard finishes. Work with your agent to estimate the total cost of finishing the home to your desired level. Factor in landscaping, window coverings, and any outdoor improvements. Knowing the true finished cost before you commit helps you choose the right community and floor plan for your budget.
