Challenges & Solutions Homebuyers Face in Farragut: New Construction vs. Pre-Loved Homes

Challenges & Solutions Homebuyers Face in Farragut: New Construction vs. Pre-Loved Homes

  • SHANNON FOSTER-BOLINE
  • 05/16/25

Farragut is a favorite for many Knoxville-area buyers, thanks to its top-rated schools, beautiful neighborhoods, and easy access to lakes, shopping, and restaurants. But with high demand comes tough choices — especially when deciding between new construction and pre-loved (resale) homes.

Each option comes with its own set of challenges, but don’t worry—we’re breaking it all down, with solutions to help you navigate the process confidently.

Challenge #1: New Construction Wait Times & Surprise Costs

The Issue: New builds in Farragut are popular, but they come with longer timelines, limited lot availability, and unexpected upgrade expenses. Plus, some developments are selling out phases before you can even blink.

The Solution: Work with an agent (hi, that’s us 👋) who has strong relationships with builders. We’ll help you get on lot lists early, negotiate incentives, and understand the total cost — including upgrades, lot premiums, and closing costs.

Challenge #2: Pre-Loved Homes Sell FAST

The Issue: Resale homes in Farragut are in high demand. When a well-priced, well-kept home hits the market, it often goes under contract in days (sometimes hours). Many buyers feel like they can’t compete.

The Solution: Be prepared and pre-approved. We’ll help you move quickly with a competitive offer strategy that doesn’t just focus on price — but also terms that sellers love. We’ll also keep an eye out for off-market opportunities.

Challenge #3: Choosing Between Customization vs. Character

The Issue: With new construction, you can choose your finishes —but you might wait months to move in. With resale homes, you might move in sooner, but need to update paint, floors, or fixtures.

The Solution: It all comes down to your timeline, budget, and willingness to do a little work. We’ll help you compare the long-term cost of customizing new vs. renovating old—and find a home that fits your comfort zone.

Challenge #4: Lack of Inventory in Either Category

The Issue: Farragut’s popularity means that both new and pre-loved homes are in short supply. Buyers often feel stuck choosing from what’s left rather than what they love.

The Solution: Let us be your boots on the ground. We monitor the MLS, builder inventory, and upcoming listings daily—and we network directly with homeowners who may be prepping to sell.

Bonus Tip: Don’t Forget the Inspection—Yes, Even on New Builds!

The Issue: Many buyers assume a new home doesn’t need an inspection — but mistakes can happen during construction, especially when timelines are rushed.

The Solution: Always get an independent home inspection, no matter how new or shiny the property. We’ll connect you with trusted inspectors who can catch issues before closing day.

Whether you’re team new construction or team pre-loved charm — we’re here to help you win in Farragut’s fast-moving market.

Want the full scoop on Farragut? Check out our complete neighborhood guide here or start browsing homes in Farragut.

 

 

Challenges & Solutions Homebuyers Face in Farragut: New Construction vs. Pre-Loved Homes
Challenges & Solutions Homebuyers Face in Farragut: New Construction vs. Pre-Loved Homes
Challenges & Solutions Homebuyers Face in Farragut: New Construction vs. Pre-Loved Homes
SHANNON FOSTER-BOLINE

SHANNON FOSTER-BOLINE

Real Estate Broker

About The Author

With a lifetime sales volume exceeding an impressive $233 million, Shannon Foster-Boline's reputation as an esteemed agent speaks for itself. Recognized for over seven prestigious designations and certifications including her Certified Residential Specialist® and her Graduate Realtor® Institute designations, Shannon's expertise and unwavering commitment to excellence are second to none. Clients consistently praise her responsiveness, infectious energy, and unwavering dedication to their success. When you choose Shannon as your trusted guide, you can be confident that she will be by your side every step of the way, advocating for your best interests and opening the doors to your dream home.

Shannon's unparalleled expertise extends across Knox County, Blount County, Loudon County, and the picturesque surroundings of Tennessee. She has successfully sold every type of residential real estate, from new construction to historic homes with unique architectural heritage. Actively involved in her local Realtors Association, Shannon is dedicated to promoting diversity, equity, and inclusion. She has taken on leadership roles, teaching classes on these vital topics and contributing to the betterment of her community. Shannon's curiosity, creativity, and relentless drive fuel her commitment to understanding her client's unique stories and helping them find their ideal homes.

Beyond real estate, Shannon is a well-rounded individual with diverse interests. As a devoted dog lover, she shares her life with two cherished pets, Jenner the Beagle, and Xena Warrior Princess, a rescued Yorkie Australian Shepherd mix. Shannon is also an avid gardener, cultivating her own food and exploring gardens around the world through her travels. Her zest for adventure has taken her to various corners of the globe, including Germany, where she lived and studied in her twenties. These experiences have nurtured her love for travel and exploration, and she meticulously plans trips that encompass cultural immersion, physical activities, and visits to historical sites.

Above all, Shannon takes immense pride in her daughter and wife, whose happiness and success bring her great joy and fulfillment. Professionally, her tenure as President at the Knoxville Area Association of Realtors stands as a testament to her commitment to effect meaningful change and foster a thriving real estate community. As she continues to serve a diverse clientele, Shannon takes pleasure in learning about their lives. Each person's story and goals are unique, but for each of them, Shannon strives to exceed expectations and deliver exceptional results.

For a truly remarkable real estate journey, trust Shannon Foster-Boline to guide you to your dream home and make your goals a reality.

Leadership & Committees

  • 2023 East Tennessee Realtors MLS Chair
  • 2023 East Tennessee Realtors Leadership Program Instructor
  • 2022 Immediate Past President East Tennessee Realtors
  • 2022 Tennessee Realtors Chair Diversity Inclusion Committee
  • 2021-2022 East Tennessee Realtors Board Liason Diversity, Equity & Inclusion
  • 2021 East Tennessee Realtors Chair Presidential Advisory Group Diversity, Equity & Inclusion
  • 2021- 2022 East Tennessee Realtors Governmental Affairs & Policy Committee
  • 2021 Tennessee Realtors Vice Chair Diversity Inclusion Committee
  • 2021 President East Tennessee Realtors
  • 2019-2020 Tennessee Realtors Diversity Inclusion Committee Member
  • 2015 East Tennessee Realtors Chair Education Committee

 

Awards

  • 2022 President’s Award East Tennessee Realtors
  • 2022 Realty Executives Associates Diamond Award
  • 2021 Realty Executives Associates Diamond Award
  • 2020 Realty Executives Associates Diamond Award
  • 2019 Realty Executives Associates Double Diamond Award
  • 2019 Wall Street Journal’s 1000 Best
  • 2018 Wall Street Journal’s 1000 Best
  • 2018 Realty Executive Awards - Southern Region Top 100 in GCI
  • 2018 Realty Executive Awards - Southern Region Top 100 in Units Sold
  • 2017 Realty Executives Associates Diamond Award
  • 2016 President's Award East Tennessee Realtors

Designations & Certifications

Work With Us

We understand the elements of the individual needs and the unique process of each transaction. At the end of the day, we want you to walk away feeling that you have received an amazing experience with our team and that you have been able to realize your dream of selling or buying a home!

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