When purchasing a new home, whether it’s Napa Valley real estate or any luxury real estate it’s important to have a list of all the necessities you need in a home laid out in detail. But many home buyers forget that there’s more to look at than just the house. A new property owner needs to look at all sorts of factors ranging from safety to commute times and overall condition of the property. So, let’s dive in to some of the things that a purchaser of luxury real estate or Napa Valley real estate needs to look at to make the best buy possible.
After you finalize your overall budget by getting pre-approved, looking at cost of insurance, HOAs, taxes and other costs one of the main things to look at is the locations you would like to land in. Location is everything. How close is this piece of luxury real estate to downtown? How about commuting distances or school districts if you have children? Napa Valley real estate fortunately stacks well in all these categories but still have to assess the overall property condition as well. Napa Valley real estate can have structural and cosmetic issues just like anywhere else, so it’s of great importance to understand what repairs may cost down the road. Additions and renovations like bathrooms and any outdoor infrastructure will bring up prices too. But looking into the future when one may have pets or children may change your needs. So, a piece of Napa Valley real estate that doesn’t have a backyard may be desirable now but may prove to be an issue later.
When you do get to the point of delving deep into the property’s conditions be sure to get into important issues like damaged roofs, old plumbing, insulation, problems with the floors or cracks in the façade of the building. Factors like these will give you a better idea of the overall cost of your house.
Luxury real estate needs to be vetted just like any other property so it will benefit you in the long run to keep a watchful eye on any possible issues. But if you remain organized and diligent you will find the right house for you here in Napa Valley!