So you’re in the market for a luxury home in Las Vegas and you’ve narrowed down your prospective properties. They’re all in great communities that meet your needs but now you need to figure out which one you’re going to call “home”.
First thing you need to look at is your criteria and what you’re looking for in a home –i.e. the features that interest you. Even though you have the capacity to purchase a luxury home, this doesn’t mean you should pay for features that you’ll never use or won’t appreciate.
If you’re an attorney who eats out a lot, having a gourmet kitchen would be a waste of money and space. If you’re a one car person and a prospective home has a 3 or 4 car garage, is it worth the extra expense to have space you may not use? Conversely if you workout and swim and a property has either an indoor or outdoor pool and/or a home gym, the expense might be worth it. If you entertain a lot and the prospective home has a full in-home movie theater and/or media center –the expense might be worth it.
The features a home has (or doesn’t have) can make or break whether you want to put an offer on said property. The best thing to do is make a list of the features a home must have in order for you to even consider it, then a secondary list that includes items that whether or not the house has them, you’d still consider the property.
The biggest failing people have when in the market for a home is not sharing these criteria with their real estate agents. The agent picks homes out of the MLS and takes their prospective clients on a whirlwind tour of them but if only a few or none of them have what they are looking for, the Realtor is wasting their time and that of their client’s.
Share your list of “must haves” and secondary desires with your Realtor and let them know what features are a deal breaker versus what you can live with or without. This will save everyone a lot of time and expense and will get you the house you want to call home.
