4 Things to Look for When Investing in Luxury Real Estate

4 Things to Look for When Investing in Luxury Real Estate

  • Cindy Raney & Team
  • 06/1/23

Westport, CT is a serene suburb offering spacious homes in a variety of architectural styles from classic colonial to modern builds and new construction homes. Many are often also accompanied by vast green lawns and stunning outdoor pools. Located just over an hour from Manhattan and overlooking the Long Island Sound, Westport is ideal for commuters who want to enjoy a leisurely home life away from the hustle and bustle of the city.

If you’re planning on buying luxury real estate in Westport, Connecticut, then you’ll want to consider a variety of factors to help evaluate if a particular property is a good investment. Here are four key things to look for when buying Westport real estate.

Quality of materials used

Luxury real estate should be tastefully designed and artfully constructed. A home’s quality depends on its amenities, location, and building materials. Luxury homes should be built and outfitted with top-of-the-line materials from reputable contractors. When you’re exploring homes, be sure to ask pointed questions about these factors. They matter for resale.

An experienced real estate professional well-versed in the luxury space can help ask the right questions for you in order to gauge the true caliber of construction and materials.

Age of mechanicals and systems

A luxury home doesn’t have to be new, but its systems - including electrical, heating, air, and plumbing - should be current and in good working order. If something like an HVAC system is outdated, take note, as it means you’ll have to invest in upgrades sooner rather than later, which can come with a hefty price tag depending on the size of the home.

Another hallmark of a luxury property is the use of smart technology. This can include everything from smart safety features to smart refrigerators, lighting, and sound systems. Excellent smart home assistants like those provided by Google and Amazon will make life simpler for homeowners and assist those hosts who love to entertain guests.

The surrounding property

A major highlight of a Westport property is a seamless integration of the indoors with the outdoors, providing a comfortable enjoyment of the home and property in its entirety. You want to ensure that the land on which your home sits is equally as delightful as the home itself. Consider how you want to be able to use the outdoors whether there’s an updated pool or tennis court, an outdoor dining area, or a patio. Buyers who love to entertain will delight in the social lifestyle that these amenities inspire.

A qualified agent

Ultimately, the best tip for success when it comes to finding a luxury home is to work with a qualified luxury realtor. The benefit of working with a realtor, especially one with years of experience helping clients buy and sell luxury real estate, is that they have a keen and well-cultivated eye for quality to help spot the good investments from the bad.

Contact Cindy Raney for help buying Westport real estate

If you want a Westport realtor who can help you identify a high value property, reach out to Cindy Raney & Team. Our team has extensive experience buying and selling luxury real estate in Fairfield County. See how we can help support your home buying goals.

Work With Us

Cindy Raney & Team is the elite, boutique real estate team in Fairfield County. They are extremely well versed in the industry, having sold over half a billion dollars in luxury real estate. Cindy’s team is particularly focused on the client experience, helping them throughout the home buying or selling process to ensure that their experience with the team is exceptional.

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