Loving young couple looking at dream house.
Getting ready to buy your first luxury home? Here are some questions to ask before you start looking.
- Who can help me?
No two luxury homes are the same, and specialized knowledge is necessary if you intend to make all the right decisions (which you should). Work with a Realtor who specializes in the luxury segment. Not all agents have the necessary expertise needed to navigate the high end of the market.This is where Cici Riley comes in. Call her at 216-831-9310 or send an email to CiciRiley@HowardHanna.com for professional guidance on buying and selling luxury real estate in Northeast Ohio. - Why am I buying?
Are you looking for a home that will serve as your primary residence or as a property investment? This will help narrow down the search. If you intend to use the property as your primary residence, you can choose one that has the unique combination of features that appeal to you.But if you plan to sell or rent it out, you need to a find a home with universal appeal – this means classic features that the majority of buyers or renters will appreciate. - What are my requirements?
Luxury homes come in a wide range of styles and layouts. Home features in the high end of the market can also include anything from outdoor pools and wine cellars to sophisticated security systems and green technology.With so many options, you’ll need to have a clear idea of what you want, and you should be able to communicate this to your Realtor.Take your lifestyle into consideration. If you love to cook and entertain people, then only a home with a professional-grade kitchen will do. If you work long hours, look for a home with a private study – so you can answer calls and emails in comfort.
- Where do I want to live?
It’s all about location when it comes to real estate. Whether you want to live in the thick of the action or retire to a secluded location, you’re bound to find something that suits your taste in Greater Cleveland.Your Realtor can help you find the right home in the right neighborhood. Cici Riley has a thorough knowledge of Pepper Pike, Shaker Heights, Hunting Valley, and other premier areas. - How long am I staying?
If you plan to use the property as your primary residence, you should stay for at least three to five years in order for you to make the most of the purchase. If you need to relocate often for work, then perhaps renting would be the better option.You can also opt for a vacation home, one that you can either rent out or visit during the summer months. Greater Cleveland offers an excellent selection of waterfront homes for your enjoyment.
The luxury market demand a unique set of skills from Realtors. That’s why you should only work with a qualified agent when looking to buy a luxury home. Cici Riley will be happy to assist you. Talk to her today to get started.