Buying a luxury home in Ohio can provide an excellent living environment for you and your family for years to come. When buying luxury real estate, you are buying the best of the best – remarkable architecture, beautiful landscaping, state-of-the-art appliances, and an exclusive location. You are buying a place that’s safe, private, and spacious enough to accommodate your family members, pets, and vehicles. Unfortunately, the more expensive the property, the bigger the risks. This is a serious investment that requires serious planning.
Below we’ll cover what you should look for, what questions you should ask, and some additional things you should take into consideration before buying a luxury home in Ohio.
Hire an experienced real estate agent from Ohio
Buying a property in Ohio is a challenge whether you’re a first-time home buyer or an experienced investor, even more so when that property is worth millions. The process of buying a luxury home in Ohio starts with hiring a real estate agent who can show you high-end properties that meet your specifications. Luxury homes often go unlisted to protect the privacy of the seller. The only way to find such properties is through the agent’s personal contacts.
Not only do you need access to the luxury properties so you can see them inside and out, but you also need someone to advise you every step of the way and take care of the complicated paperwork. An experienced agent can walk you through the whole process and answer all your questions. Moreover, an experienced agent will help you negotiate a good price. A lot of money is at stake here. A local agent knows how to navigate the local market and negotiate on your behalf so you don’t get scammed. Also, they can recommend the best residential movers, such as Zippy Shell Columbus, and other service providers new homeowners usually need. That is why you should choose a top-rated Ohio agent who specializes in luxury real estate and knows the details of the local market.
Do not trust the photos
Photos can be misleading. The reality could be much better (or worse) than what you see in photos. Many mansions are not photogenic. You could miss out on a fantastic opportunity just because the photos don’t show the home in its full glory. So, the only way to be sure is to see everything in person before you purchase a home in Ohio. Also, do a search of the property and its vicinity on Google Earth so as to see the home’s surroundings.
Have the property inspected
It would be foolish to invest a large sum of money in a home without having it inspected first. The purpose of an inspection is to reveal hidden things that make a property less valuable than it seems. It’s not always the seller who’s hiding something. Sometimes, they simply don’t know their property that well. There are often things below the surface not even long-time residents are aware of.
The main things an inspector will focus on are safety issues that could harm the integrity of the building and its residents. Ohio homes are checked for termites, which isn’t the case in many states. This is a very important part of your inspection when buying a luxury home in Ohio.
Talk to your inspector to learn in what condition the home is and what could be improved. Note that Ohio inspectors aren’t required to have a license. Therefore, look for professionals with positive reviews and great credentials so you know they are trustworthy.
Think about your lifestyle when choosing your next home
Every high-end property is remarkable in its own way. However, money doesn’t guarantee comfort unless you choose a home that fits your lifestyle. Think about the lifestyle you are accustomed to or the one you aspire to live before buying a luxury Ohio home. Thinking about your personal needs and habits will help you determine what you want.
Do you play any sports in your free time? Do you need a guest house? Maybe a home gym? A wine cellar? Are you planning on expanding your family? Are the kids leaving the nest soon? Do you throw parties? A home theatre is always a nice addition, but how often do you watch movies?
Another important question is what custom features you would be willing to add yourself after buying a luxury home in Ohio. Remodeling a luxury home can cost a lot of money, but it can also increase the home’s value in case you decide to sell some day. Know that major changes often take months, which means you wouldn’t be able to settle down in your new mansion right away.
Things to look for when buying a luxury home in Ohio
There are many desirable home features buyers are willing to pay extra for. Here’s what you should look for when purchasing a high-end property in Ohio.
- Smart home features – There are many smart technology updates today’s luxury home owners expect. The ability to close garage doors, lock doors, control climate and lighting, and set and monitor your alarm from your phone is one of the new must-haves.
- Designer kitchen – A designer kitchen with innovative kitchen appliance technology is one of the most sought-after luxury home features. A walk-in pantry, wine fridge, extra-large fridge, steam ovens, and black matte appliance finishes are some of the most popular kitchen trends.
- Timeless design – Certain design features have withstood the test of time and remained popular throughout the years. Trends come and go – timeless design is, well, timeless, which makes it the safest choice when buying a luxury home in Ohio. Classically designed homes are as tasteful and functional today as they will be tomorrow.