Herron / Korn and Company
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If you are ready to move into a luxury home. You'll find options in most locations in any state you desire. Before you choose, especially if you plan on moving to another state, you should first tackle some other questions.
Do you need to keep working to enjoy the lifestyle you have now? If you do, can you find work that will provide you with a similar income? If you own a business, how hard will it be to get that business going in another state? If your business is conducted online only, that is one less thing you will have to worry about — but you do have to find out how businesses are treated in the state you choose to move to. It is not beneficial to run a business in some states because of the extra taxes and regulations that some states have.
It’s no secret that you can get more house for the money in certain states, and, breaking it down further, more house for the money in certain areas of the state. For example, to get a luxury home with at least five bedrooms near or in a large city, you’re going to have to shell out much more than you would if you picked the same house 100 miles away from the city, as long as the location is not near another large city or a tourist area.
Are you looking for something that doesn’t take a ton of maintenance? You might prefer a luxury home in the city with a small yard. If you like the idea of spreading out, having a large pool, hot tubs, stables, riding trails, ATV trails and other amenities on your property, you’ll have better luck finding that in a rural area.
If you have school-age children, check the rating of the schools. Just because you live in a luxury neighborhood doesn’t mean that the schools for that neighborhood have a good rating. Additionally, you might have to take your children to school if you live too far out for the school bus. And, on the subject of commuting, if you have to work to maintain your lifestyle, you’ll have to commute if you choose a rural luxury home. How long is the commute? Is it something that you can manage or will that commute take too much time away from your family?
If you like to go out a lot, living an hour out of town might not be for you, as much as you like a property. If you have to be in the thick of things, you might prefer a luxury neighborhood in an urban or suburban setting. If you want peace and quiet, and prefer connecting with nature, then you might choose a rural luxury home, such as a large ranch or a home with large acreage.
Indicates a property listed by a real estate brokerage other than Herron / Korn and Company. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Last updated 11/21/2024 06:52 AM.