If you live in a more affluent area where there are many luxury homes for sale, you can run into an issue that most people do not face: having too many homes to choose from within your price range and desires.
The thing about luxury homes for sale is that many people cannot afford homes in the higher price range, which means there is less competition for these properties. This can also mean that these same homes will stay on the market longer than other cheaper homes might, which often gives you more time to select the best home for your needs.
If you want to really narrow down your options so you're not overwhelmed by what's on the market, talk to your real estate agent about making your options less broad. Use these tips to help you make your luxury home selection more specific so you can get into your new home with less hassle.
Be specific about your needs
What do you need, not want, in a home? Do you have to have a large garage? Fully fenced yard? A certain number of acres? The things you need to have in a home can help really narrow down your options.
Tell your real estate agent what your luxury home needs are so they know what your deal breakers are in buying a property. When you narrow down your luxury home shopping by choosing from only homes that have the majority of the things you need, you make better use of your home-buying experience and only look at properties that really suit what you are shopping for.
Be selective in your layouts
If you only want a home that has a basement, then narrow your luxury home options to homes with this layout only. If you desire a balcony or a tri-level design, then let your real estate agent know. Many luxury homes are sprawling open floor plans for a modern appeal, but others carry a more level-style for those who want to have privacy by dividing a home up. Your real estate agent will only show you homes with layouts you will appreciate so you can narrow down your options from the luxury homes for sale in your area that don't meet your design layout needs as well.
If you have home features in mind that are more custom, such as a spiral staircase or a skylight, your realtor will want to know this feature as well. Meet with your realtor often to discuss your home shopping needs.