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When is a new home no longer considered new construction?

Florida

What is considered "new construction" in florida? what if a newly built home sits unoccupied, how long is it still new? Any guide to a florida statute

6 replies

Oct 22, 2020

It's unclear where you are coming from with this question. Are you looking to buy the house at a discount?

There is no statute that I am aware of that defines "new construction." But in general terms, new construction refers to building from the ground up as opposed to renovating an existing structure. So the house could sit empty for years - it's still considered "new construction" because it was not renovated. Now what price will it appraise for? That's an entirely different question.

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Jul 5, 2022
New construction means no one has lived in the home. After it has tenant or an owner it is no longer new construction.
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Sep 28, 2022

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