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 117 Days
$25,000,000
6 BEDS 11 BATHS
21,998 SQFT
On Site 174 Days
$17,900,000
6 BEDS 12 BATHS
49,568 SQFT
On Site 71 Days
$11,000,000
13 BEDS 14 BATHS
14,884 SQFT
On Site 113 Days
$7,500,000
9 BEDS 9 BATHS
19,442 SQFT
On Site 43 Days
$???,???
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$6,200,000
8 BEDS 12 BATHS
16,019 SQFT
On Site 9 Days
$5,950,000
7 BEDS 9 BATHS
8,448 SQFT
On Site 281 Days
$4,200,000
6 BEDS 6 BATHS
8,247 SQFT
New Listing
$3,999,900
5 BEDS 5 BATHS
9,986 SQFT
On Site 167 Days
$3,950,000
4 BEDS 3 BATHS
4,464 SQFT
On Site 25 Days
$3,900,000
5 BEDS 7 BATHS
8,214 SQFT
On Site 212 Days
$2,999,000
7 BEDS 9 BATHS
10,983 SQFT
On Site 204 Days
$2,990,000
6 BEDS 5 BATHS
9,317 SQFT
On Site 449 Days
$2,990,000
8 BEDS 7 BATHS
12,932 SQFT
Price Change
$2,949,900
8 BEDS 10 BATHS
16,336 SQFT
On Site 116 Days
$2,873,000
4 BEDS 6 BATHS
5,541 SQFT
On Site 204 Days
$2,800,000
6 BEDS 8 BATHS
11,448 SQFT
New Listing
$2,799,000
6 BEDS 5 BATHS
6,338 SQFT
On Site 308 Days
$2,795,000
6 BEDS 7 BATHS
16,253 SQFT
On Site 329 Days
$2,667,000
4 BEDS 5 BATHS
4,968 SQFT
On Site 204 Days
$2,600,000
7 BEDS 9 BATHS
12,215 SQFT
On Site 134 Days
$2,595,000
6 BEDS 6 BATHS
4,927 SQFT
On Site 86 Days
$2,499,900
7 BEDS 7 BATHS
10,583 SQFT
On Site 125 Days
$2,475,000
13 BEDS 12 BATHS
12,500 SQFT
On Site 69 Days
$2,430,000
4 BEDS 7 BATHS
4,573 SQFT
On Site 204 Days
$2,399,000
8 BEDS 6 BATHS
8,127 SQFT
On Site 103 Days
$2,385,000
4 BEDS 5 BATHS
4,855 SQFT
On Site 203 Days
$2,300,000
8 BEDS 8 BATHS
11,126 SQFT
On Site 16 Days
$2,300,000
1 BEDS 1 BATHS
1,373 SQFT
On Site 100 Days
$2,299,000
7 BEDS 8 BATHS
10,517 SQFT
On Site 197 Days
$2,000,000
7 BEDS 6 BATHS
9,743 SQFT
On Site 98 Days
$1,999,999
2 BEDS 1 BATHS
780 SQFT
On Site 295 Days
$1,995,000
4 BEDS 4 BATHS
5,132 SQFT
On Site 384 Days
$1,990,000
5 BEDS 8 BATHS
7,601 SQFT
On Site 97 Days
$1,965,600
3 BEDS 2 BATHS
1,860 SQFT
On Site 503 Days
$1,899,000
5 BEDS 7 BATHS
6,568 SQFT
On Site 103 Days
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 © 2021 UtahRealEstate.com. All Rights Reserved. Information not guaranteed.
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