Purchasing your dream luxury home is much more than square footage and price tag, it’s about making an advantageous investment, your legacy and lifestyle. If you are relocating to Central Florida or upgrading within in the City Beautiful-Orlando, purchasing a luxury property comes with a distinct set of considerations.
Here is what you should know before purchasing a high-end home in Central Florida
Define What Luxury Means To You
People picture luxury in different ways. It may be a design that is sleek and modern, with smart home technology. Or, the tranquility of being on a lake, with a golf course just steps away. Before your home search starts, write down what is most important to you and your family.
- Pool, home theater, spa, chef’s kitchen
- Waterfront views or acreage
- Privacy with a gated community
- This will save you time and ensure you choose the right home
Work With A Local Real Estate Agent Who Specializes In Luxury Homes
There is a different market for high-end homes, often times the premier homes are not listed publicly.
You want someone who knows the ins-and-outs of the luxury housing market. This means you will have insider knowledge on pocket listings, private showings, new developments, neighborhood trends, and off-market deals.
Be Aware Of The Financial Landscape
Luxury dream homes tend to be cash buyers, but financing is always and option. You can save time by being prepared with:
- Have a pre-approved letter from a lender experienced in the luxury market
- If you are paying cash, have proof of funds.
- A financial advisor who really understand your investment goals long term.
Have A Good Understanding Of The Neighborhoods
The luxury home market in Central Florida means a variety of different types of communities, each offering their own character and lifestyle.
- Baldwin Park: Upscale, family friendly neighborhood that is know for being walkable.
- Dr. Phillips: a community that boast of the best entertainment, schools, shopping, and dining.
- Winter Park: a community with charm and homes with beautiful architecture
- Windermere: traditional elegance with lakefront estates and golf courses.
- Lake Nona: an innovation neighborhood catering to golf and wellness lifestyle.
Due Diligence Is The Best Route
High end homes often come with smart technology, custom features, and even full guests houses. It is always best to schedule:
- An appraisal with an experienced service
- HOA and Title review
- A luxury level inspection for the home
It is important to take your time and not rush the process, this major investment warrants your full attention.
Ready To Buy Your Dream Home?
The first step to buying your dream home is contacting Anabella Kanago Realtor.