Be Smart When Choosing a Luxury Home
Shopping for a luxury home? Be sure you know what you’re getting into. To maintain their exclusivity and protect land values, many upscale neighborhoods often are controlled by strict covenants – which means that homeowners must abide by the covenant rules whether they agree with them or not. Be sure and seek home buying advice from us, a group of real estate professionals who are familiar with the neighborhood who can assist you in making the most informed decision.
Before you make the purchase, learn as much as you can about your new luxury neighborhood and the surrounding area. Follow these tips:
• Talk to potential neighbors. Ask how they like living in the area. Find out about problems they may have encountered with various rules or covenants. Don’t forget to ask what they like most about the neighborhood.
• Investigate the demographic makeup of the neighborhood. Your real estate professional should be able to help. Make sure the neighborhood’s demographics fit with what you are looking for in a community.
• Be sure and put your hands on a copy of the homeowner’s association rules, regulations, and guidelines. Some associations are strict, dictating things like home color, how many cars can be parked in your driveway, and more. These rules tend to be more prevalent in upscale neighborhoods, where most luxury homes are found, but not necessarily.
• Check into local zoning laws. This is important so you know for sure whether your home will be protected from development nearby – a new supermarket or commercial office development. Your luxury home will maintain its best value in a neighborhood that has strict regulations on commercial growth.
In short, gather as much information as possible about your neighborhood. This will help you quickly adjust to your new surroundings as you move in and become a productive member of your new community.
$48,000,000
7 BEDS 10 BATHS
17,493 SQFT
On Site 24 Days
$25,000,000
6 BEDS 11 BATHS
21,998 SQFT
On Site 81 Days
$22,000,000
6 BEDS 12 BATHS
49,568 SQFT
On Site 166 Days
$11,000,000
13 BEDS 14 BATHS
14,884 SQFT
On Site 20 Days
$7,900,000
4 BEDS 4 BATHS
7,000 SQFT
On Site 53 Days
$???,???
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$5,950,000
7 BEDS 9 BATHS
8,448 SQFT
On Site 188 Days
$5,000,000
6 BEDS 4 BATHS
10,400 SQFT
New Listing
$4,950,000
4 BEDS 6 BATHS
5,705 SQFT
On Site 16 Days
$4,400,000
9 BEDS 10 BATHS
13,822 SQFT
On Site 115 Days
$4,200,000
6 BEDS 9 BATHS
11,095 SQFT
On Site 147 Days
$3,999,900
5 BEDS 5 BATHS
9,986 SQFT
On Site 74 Days
$3,900,000
5 BEDS 7 BATHS
8,214 SQFT
On Site 119 Days
$3,800,000
4 BEDS 5 BATHS
6,060 SQFT
On Site 1,010 Days
$3,490,000
6 BEDS 7 BATHS
9,050 SQFT
On Site 20 Days
$3,200,000
7 BEDS 9 BATHS
13,600 SQFT
On Site 274 Days
$3,200,000
3 BEDS 3 BATHS
2,958 SQFT
On Site 678 Days
$3,190,218
8 BEDS 7 BATHS
12,917 SQFT
On Site 54 Days
$3,025,000
6 BEDS 5 BATHS
6,338 SQFT
On Site 215 Days
$2,999,900
8 BEDS 10 BATHS
16,336 SQFT
On Site 23 Days
$2,999,000
7 BEDS 9 BATHS
10,983 SQFT
On Site 111 Days
$2,990,000
6 BEDS 5 BATHS
9,317 SQFT
On Site 356 Days
$2,900,000
8 BEDS 11 BATHS
18,451 SQFT
On Site 322 Days
$2,873,000
4 BEDS 6 BATHS
5,541 SQFT
On Site 111 Days
$2,795,000
6 BEDS 7 BATHS
16,253 SQFT
On Site 236 Days
$2,790,000
7 BEDS 7 BATHS
10,583 SQFT
On Site 32 Days
$2,750,000
11 BEDS 8 BATHS
15,763 SQFT
On Site 362 Days
$2,667,000
4 BEDS 5 BATHS
4,968 SQFT
On Site 111 Days
$2,649,000
6 BEDS 5 BATHS
3,809 SQFT
Price Change
$2,600,000
7 BEDS 9 BATHS
12,215 SQFT
On Site 41 Days
$2,500,000
8 BEDS 5 BATHS
11,528 SQFT
On Site 61 Days
$2,430,000
4 BEDS 7 BATHS
4,573 SQFT
On Site 111 Days
$2,399,000
8 BEDS 6 BATHS
8,127 SQFT
On Site 10 Days
$2,399,000
8 BEDS 10 BATHS
12,000 SQFT
On Site 53 Days
$2,390,000
8 BEDS 6 BATHS
8,050 SQFT
On Site 177 Days
$2,385,000
4 BEDS 5 BATHS
4,855 SQFT
On Site 110 Days
$2,375,000
6 BEDS 4 BATHS
5,818 SQFT
Price Change
MLS Listings are provided by the Wasatch Front Regional Multiple Listing Service, Inc. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Copyright © 2020 UtahRealEstate.com. All Rights Reserved. Information not guaranteed.
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