Davie New Construction Closing Costs: What You Pay 2026
What are the closing costs on a new construction home in Davie?
Davie new construction closing costs run well beyond the sticker price. On top of standard buyer costs, you pay Town of Davie water and sewer connection fees of $5,970, an owner’s title policy the builder assigns, an HOA capital contribution, county impact fees, and higher prepaid escrows. Budget several thousand dollars above what a comparable resale home would cost you at closing.
The base price a builder quotes you is the start of the math, not the end of it. A new home in a Davie community comes with a set of costs that a resale home on the same street does not have. Some are one time government fees. Some are association startup costs. Some are prepaid items that run higher because the tax and insurance escrows get built from scratch. None of them are hidden if you know to ask, and all of them belong in your budget before you sign.
This is the part of the new construction process buyers underestimate most. You walk into a bright model home, you fall for the layout, and the sales counselor hands you a price. What you actually need is the full picture of what hits at closing, because on a new build several of those line items shift onto you that a seller would normally cover in a resale deal. Here is how it works in Davie and Broward County, and where to verify every number for your specific community.
The costs that only show up on a new build
Start with the government fees, because those are fixed and they are large. The Town of Davie charges water and sewer connection fees on new construction. As of 2026 the water connection fee is $3,050 per equivalent residential connection and the wastewater fee is $2,920, for a combined $5,970 on a new single family home, per the Town of Davie connection fee schedule. That is money a resale buyer never pays, because the home was already connected decades ago.
On top of that, Broward County levies impact fees on new residential development to fund roads, schools, and regional parks. Those amounts are set by the county and change over time, so confirm the current schedule with Broward County or ask the builder for the itemized figure in writing. Some builders roll impact fees into the base price and some pass them through at closing, which is exactly why you ask. I break this category down further in the Davie impact fees on new construction guide.
Then there are the transaction taxes. Florida charges documentary stamp tax on the deed, plus additional doc stamps and an intangible tax on the mortgage. Those rates are set by Florida statute, so confirm the current figures and who pays each one with Broward County. In a resale deal, Broward custom is that the seller pays the deed doc stamps. On new construction, the builder contract commonly shifts the deed doc stamps to you, the buyer, and on a home in the high six figures that single line runs into the thousands of dollars. Read that clause before you assume anything.
The next block is association startup cost. Most new Davie communities are HOA communities, and Florida associations governed by Chapter 720 commonly charge a one time capital contribution at closing to seed the reserve fund. It is often set as a few months of dues, it is usually non refundable, and it is separate from your first regular dues payment. If the community is a newer master planned development it may also carry a Community Development District assessment. A CDD is an annual bill with a bond portion and an operating portion, and it typically runs somewhere around $1,000 to $3,000 a year depending on the community. Verify whether a CDD applies to your specific community, since some Davie communities have one and some do not. My Davie CDD fees explainer walks through how to read it on the tax bill.
Owner’s title insurance is the last big shift. In a Florida resale, who pays the owner’s policy is negotiable and often falls to the seller. On new construction the builder generally requires you to pay the owner’s policy and frequently assigns its own preferred title company. The Florida premium is set by a state promulgated rate, so it scales with the purchase price, and your title company can give you the exact figure. For the full picture of who pays what, see who pays for title insurance in Davie.
Here is the same information as a table you can bring to the builder’s table.
| Cost at the builder table | Who typically pays on a new build | What to verify |
|---|---|---|
| Water and sewer connection fees | Buyer | $5,970 combined per the Town of Davie schedule |
| Broward impact fees (roads, schools, parks) | Buyer or rolled into price | Current county amount and whether it is in the base price |
| Deed documentary stamp tax | Often shifted to buyer by contract | The doc stamp clause in the builder contract |
| Owner’s title insurance | Buyer, builder assigns title company | Exact promulgated premium for your price |
| HOA capital contribution | Buyer | How many months of dues, refundable or not |
| CDD assessment (if any) | Buyer, ongoing | Whether your community has a CDD at all |
| Prepaid escrows (tax, insurance) | Buyer | Escrow built on improved value, not land |
| Design center deposit | Buyer, up front | Often non refundable, paid outside closing |
One more that catches people. Prepaid escrows are usually higher on a new build. Your lender collects the first year of homeowners insurance and sets up a tax escrow, and on new construction that escrow gets estimated from the improved value of the finished home, not the raw land the county last assessed. That gap can make your cash to close larger than a resale buyer at the same price would see. You can confirm how the county assesses a new home with the Broward County Property Appraiser once the certificate of occupancy is issued.
Should you use the builder’s preferred lender?
This is where the real money hides, and the answer is not automatic. Builders offer closing cost credits, and those credits are usually tied to using the builder’s preferred lender and title company. The credit is real. What it can hide is a higher interest rate or higher lender fees that cost you more over the years you hold the loan than the credit ever gave you at closing.
Run it as a total cost comparison, not a headline. Under federal RESPA rules a builder may offer you an incentive to use its lender, but it cannot require you to use that lender as a condition of buying the home. So use that. Get a Loan Estimate from the builder’s preferred lender and Loan Estimates from two outside lenders, then compare the total cost over how long you actually plan to keep the home, not just the credit dollar amount. If you plan to sell or refinance in a few years, the credit can win. If you plan to hold the home a decade, a lower rate from an outside lender often wins even after you give up the credit.
The credit is one piece of a larger set of builder concessions. Some communities also negotiate design center allowances or price adjustments depending on the month and the standing inventory. I walk through where those stand right now in the Davie new construction builder incentives guide, and the closely related question of lot premiums, which is another line that gets added on top of the base price for a water view or a larger homesite. Marigold, the Pulte single family community in Davie 33328, is one example of a current HOA community where these builder table numbers come into play. Confirm its current pricing, dues, and incentives directly with the builder, and compare a new build against a resale in my new construction versus resale in Davie breakdown.
How to control your closing costs at the builder table
You have more room here than in a resale, because the builder is a company managing inventory, not a family with feelings about the house. Follow these steps and you walk in with every number known.
1. Ask for a full estimated closing statement before you sign, not at the closing table. Request every line item in writing: connection fees, impact fees, doc stamps, title, HOA capital contribution, CDD, and prepaids.
2. Read the doc stamp and title clauses. Confirm whether the contract shifts the deed doc stamps to you and which title company the builder assigns.
3. Confirm the HOA and CDD picture. Get the capital contribution amount, the monthly dues, and a clear yes or no on whether the community carries a CDD assessment.
4. Collect three Loan Estimates. One from the builder’s preferred lender and two from outside lenders, then compare total cost over your real holding period.
5. Negotiate the incentive in writing. Ask the builder to apply credits toward the buyer side costs that actually hit your cash to close, and get the number in the contract, not in conversation.
6. Verify the tax basis. Ask how the lender is estimating your tax escrow and check the Broward County Property Appraiser so a low first year estimate does not turn into an escrow shortfall later.
The median single family sale price in Davie is davie_stat segment=”sfh” field=”median_sales_price” label=”1″], and new construction generally prices above the resale median once you add lot premiums and the builder table costs above. That is the real comparison to run before you decide a new build is the better buy. For the wider view of every buyer cost in this market, start with the [Davie closing costs guide and the complete buying a home in Davie walkthrough.
Frequently Asked Questions
Do you pay closing costs on a new construction home in Davie?
Yes. You pay standard buyer closing costs plus items a resale home does not carry, including Town of Davie water and sewer connection fees of $5,970, Broward County impact fees, an HOA capital contribution, and often the deed documentary stamp tax that a seller would normally pay in a resale. Budget several thousand dollars above a comparable resale.
Are new construction closing costs higher than resale in Davie?
Generally yes. New construction adds one time government connection and impact fees, an association capital contribution, and sometimes a CDD assessment, and the builder contract often shifts the deed doc stamps and the owner’s title policy onto the buyer. Prepaid escrows also run higher because the tax estimate is built from the improved value of the finished home.
Should I use the builder’s preferred lender in Davie?
Only if it wins on total cost. The builder’s closing cost credit is usually tied to the preferred lender, but that lender may charge a higher rate. Get a Loan Estimate from the preferred lender and two outside lenders, then compare the full cost over how long you plan to keep the home. Under RESPA the builder cannot require you to use its lender.
What is an HOA capital contribution on a new Davie home?
It is a one time, usually non refundable fee you pay at closing to seed the association’s reserve fund, common in Florida HOA communities governed by Chapter 720. It is often set as a few months of dues and is separate from your first regular dues payment. Ask the builder for the exact amount for your community before you write an offer.
Talk to a Davie Real Estate Expert
Anthony Spitaleri, Broker Associate with Coldwell Banker and a Davie native, builds the full builder table cost sheet for every new construction buyer before they sign, not after the closing surprises them. If you want to see your exact Davie new construction closing costs for the specific community and price you are considering, the next step is a direct conversation. Schedule a free 15-minute strategy call and walk into the model home with every number known.
Anthony Spitaleri
Living in Davie Florida
954-235-5783
Davie, Florida
livingindavieflorida.com
Written by Anthony Spitaleri, Broker Associate with Coldwell Banker and a Davie native. More about Anthony
