By Annalisa Burgos, FrontDoor.com | Published: 11/07/2008
Plan for Resale
What if later down the road, you decide to sell your dream home? Will buyers see their dream home in yours? Maybe. Starliper advises homeowners to keep universal appeal in mind when designing the home so the average person can see themselves living there.
For instance, she says, "if you put a big bonus room off the master bedroom and no one else could get to it except for the people in the master bedroom, that wouldn't be good for resale. You might need that, because maybe you want to have an office off of your master, but the majority of people aren't going to want a bonus room office off their master. They want it for the kids to have a playroom, so it would need to be accessible to other areas."
Build or Buy?
If you're in the market for a luxury home, weigh the pros and cons of building it yourself versus buying an existing one. Custom building allows you to control the home's layout, add personal touches and choose features that cater to your specific lifestyle. But as Gigliotti cautions, costs can quickly add up. If you want more predictability in your luxury home purchase, buying a previously-owned property may be the way to go.
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