Buying a luxury home can be one of life’s crowning achievements. But as home prices escalate, searching for a luxury home can be worth its weight in complications. Here are six tips that will see you turning the key in your high-rolling dream home.
Tips for moving into your luxury home
While you’re preparing to move to your new luxury home, you’ll want to make the process as smooth as possible. No one wants to welcome their new living situation with broken belongings and extra mileage on their vehicle, and that’s why you should consider hiring professionals.
For example, a car shipping company like Guardian Auto Transport has experience moving luxury cars like Teslas and BMWs and offers nationwide car shipping from Texas and other bustling states across the country. Enclosed auto transport is recommended for luxury vehicles, so you’ll know your paint job is safe from the elements while it’s in transit.
Along with hiring a top auto transport company, you should also choose the most reputable moving companies. Experienced national movers will take good care of your artwork, furniture, and collectibles, so you can trust they will safely arrive at your new home.
Work with an award-winning realtor
Before beginning the hunt for a new home, find the top realtor in the area. The best realtors know the neighborhoods, schools, and luxury home market like the back of their hands. You can find the best realtors through financial newspapers and magazines or local luxury real estate offices. When you want the best, you have to work with the best.
See the home in person
Realtors often shoot high-quality photos and videos with expensive staging. These steps show someone else’s version of the luxury home. You should see it in person to gain an accurate idea of the home’s potential. If that’s not possible, ask your realtor to do a live walk-through with their camera showing you the house in real-time.
Consider the future
Before you make a purchase, learn about future development in the area. Remember that the location can increase or decrease the value of your home. Learn about future projects and how they could affect your home’s valuation.
Ask your realtor about the steps to add to your home, as square footage can increase value. If the process is lengthy due to historical boards or other organizations, you might consider another approach.
Investigate the comps
Determining the value of a luxury home involves comparing the cost per foot with other luxury homes. If you are considering a luxury home, it might be a unique property with limited comps.
When you cannot find similar homes with similar values, you have to look at how home values have changed historically. You could save hundreds of thousands of dollars by knowing the values of homes where you are looking to buy. Knowledge is power, so do your research.
Time your purchase
If you are looking to save money, time your purchase when the market favors the buyers. Investigate how the market changes seasonally as you could buy a luxury home for a lower price.
Wrapping up the luxury home hunt
When you work with an expert and time your purchase correctly, you could end up with a luxury home at a price that doesn’t break the bank. Shopping for a luxury home should be an enjoyable process that sets you up for life.