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    Tips on How to Shop for Luxury/High-Dollar Homes

    When looking for a fabulous new home, what makes it the one? Is it the amenities, the details, the neighbors or the location? Today we’ll look at five areas to consider when breaking into the luxury home market.

    Future Development

    One of the most important topics to consider when looking at a luxury home is what will be built around it in the future? Your home is an investment, and you don’t want to make a bad investment by choosing a home that is a great deal today because it’s at the end of the runway for an airport tomorrow.

    See All Luxury Home Listings

    Think about the relatively recent housing bubble; when it popped, many families who had bought into the luxury home dream found themselves owning less than expected and a huge mortgage payment every month.

    Details, Details

    Across the board, luxury homes tend to have a higher quality and quantity of details. From beautiful, hand scraped hardwood floors to granite countertops and all the right touches in between, these are the details that scream, “I’m worth it!”

    A luxury home may mean a steam shower, whirlpool tub and amazing cabinetry in a bathroom, designer dream kitchens and build-in infrastructure for security systems, home automation and networking capabilities.

    Which Amenities?

    When you’re shopping for a new luxury home, what amenities should you shop for? According to a recent survey by the Luxury Institute for Coldwell Bankers, it depends!

    Choices on amenities seem to vary based on personal taste, and your idea of a dream home may be very different than someone else’s, so keep shopping if that two-acre monstrosity with the tennis court out back is so not your thing!

    luxury-real-estate-experts-share-5-tips-for-buying-a-multi-million-dollar-mansion

    It’s About Who You Know

    With networking giving birth to social media marketing, you may want to find out who else is in the neighborhood. After all, endless conversations with the man who made the town famous for its gasket plant may not have much in common with a social marketing manager.

    Location, Location, Location

    Once upon a time, you wanted to live near enough to avoid a terrible commute to work, but the Internet, telecommuting and virtual offices are making that a thing of the past.

    So consider instead the same things you would with any home: school reputations, local amenities, services available and nearby shopping.

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    13 Responses to “Tips on How to Shop for Luxury/High-Dollar Homes”

    • Shaylee Packer

      Written on

      As you mentioned, it is a good idea to know what amenities you want on your property. My parents are looking for the perfect luxury property that they can retire to and never leave. It is important to my mom that she have a swimming pool onsite. I will have to share this article with her and see if it gives her any direction.

      Reply
    • Michael Johnson

      Written on

      I like what you said about getting One of the most important topics to consider when looking at a luxury home is what will be built around it in the future? Your home is an investment, and you don’t want to make a bad investment by choosing a home that is a great deal.

      Reply
    • Michael Johnson

      Written on

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      • CGR Marketing

        Written on

        Thank you so much for sharing about her experience. We put a lot of time and effort into the website, so we’re glad to hear its been helpful!

        Reply
    • Nicole R. Brooks

      Written on

      Thank you, Chip Collins, for putting together everything in real estate. I think you have covered all the major points in this article, I will share this with my network as well. Thank you for giving us this use full information.

      Reply
    • Shaylee Packer

      Written on

      I never thought to take into consideration what will be built around your house in the future as that will effect the value of the home. My parents are in the market for their forever home and want to make sure they only have beautiful things around them. I will have to let them know that this would be an important thing to tell their realtor.

      Reply
      • CGR Marketing

        Written on

        Definitely! Such an important consideration. Especially in an area that is growing.

        Reply
    • waikato master builders

      Written on

      This is really appreciated that you have presented this data over here, I love all the information shared. It will be very helpful to understand the tips on how to shop for luxury high dollar homes, Great post to share!! Do visit this https://www.lehmannbuilding.co.nz/ For vital information that can be used again by anyone

      Reply
    • Eli Richardson

      Written on

      It really helped when you talked about considering the location of a house before purchasing one. Recently, my wife and I started to look for a house for us. We want a big and luxurious house, so we’ll be sure to read your article thoroughly to help us. Thanks for the tips on how to find the perfect real estate opportunity for us.

      Reply
    • Chris Pederson

      Written on

      I’m glad to see that personal taste is important when looking for amenities in luxury real estate. I was afraid that I’d just get stuck with whatever the previous owner liked. Having that option though makes me want to get a luxury house.

      Reply
    • Leasehold

      Written on

      It’s critical to have a good buyer agent who is familiar with the area you want to buy in. There’s a bit more control on access to high-end properties in terms of fewer open houses and more appointments have to be made to see them.

      Reply
    • Ewan Chambers

      Written on

      Thanks author, words are too small for the value you add through your content, this is the best guide i have seen so far on the internet. Reverse mortgage requirements for manufactured homes was easy to understand with comprehensive and easy explanation.

      Reply

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