Finding a dream home can be challenging no matter what your budget is. It may seem like buying a home would be easier if you have a bigger budget, but there are actually a number of things to take into consideration when you buy a luxury home. If you’re in the market for a higher end home in the 30A area
of Florida, these are some things to remember before you commit.
Know Your Location
Location is one of the key factors when it comes to buying a luxury home in 30A. There are numerous beach towns along the Emerald Coast, and each has its own unique character. Some offer peace and seclusion, while others offer a more lively atmosphere and focus on community. Consider renting a vacation home in your desired location first to see if the community suits your lifestyle.
Waterfront or Off the Water?
Another thing to think about is whether you want to be on the beach, next to a lake, or away from the water. It goes without saying that a waterfront property will have a higher price tag than a property with no beach access or water views. Oceanfront properties are also more susceptible to the elements and may require higher insurance rates. But those views!
Look Ahead to the Future
It may seem strange to think about reselling your luxury home before you’ve even bought it, but it’s in your best interest to think about the future. After all, this is a big investment, and you want to make sure that you get a good ROI if you do sell or pass it down to your children. Think about whether the home is in a good neighborhood and if it will still be in demand years down the road.
Don’t Forgo an Inspection
So you’ve found a luxury home in 30A that you’re absolutely in love with and everything looks perfect. In today’s hot market it may be tempting to get in quick and sign the papers before the house gets snapped up. However, a home inspection is essential to ensure there are no unseen issues that may compromise the home’s safety and livability or cost you a fortune in repairs.
Use a Reputable Local Real Estate Agent
A local 30A real estate agent
who specializes in luxury properties can show you exclusive listings that may not be on the MLS and help you negotiate a fair price for your dream home. In addition, they can provide you with insider’s knowledge about 30A market trends, what it’s like living in various neighborhoods, financing options, and the ins and outs of the paperwork.