Hello Naples Luxury Condo Fans!
Today I’m going to give you 5 things you need to know about buying an ugly Naples luxury condo! There are a few great changes going on in the market you’ll want to know about to make buying and remodeling an amazing experience. Let’s get started!
Naples Luxury Condo Vendors Aren’t The Same
An ounce of prevention is worth a pound of cure.
Just like every industry, the best vendors include a very small percentage of the whole. If you’re shelling out a ton of dough on your Naples luxury condo, you want and NEED a quality team.
The best contractors already have all their quality guys on point. They are a “one call does it all” outfit. That’s how most owners go about a complete renovation. Yes, they come at a premium but they are well worth the expense not just for means of your personal enjoyment but on the resell side too.
Designers are equally important. Not only can they create an eye popping pallet for you, but your friends and family will also marvel at the creations they can instill. They can increase the likelihood you can sell it for more money in faster timeframes as well.
A smart Naples architect is vital as well. He has likely already done your stack or something so similar. The time it will take him to complete your project is a fraction of what it would take somebody unfamiliar with your scope of work.
The best contractor’s schedules fill up fast too. Waiting until the end of the season to purchase almost guarantees you will not be able to get the first choice on the best contractors. If you use my buying services, I can usually find a space for you. It is most wise to make your selection and get your plans started right away. Purchase no later than January this year, contact your team during the contract process so everybody is ready to go by closing and you can get through permitting and can be ready to roll by April.
I already know everybody so that one call really starts with me.
Smart Timelines To Complete Your Naples Luxury Condo!
A stitch in time saves nine
Nearly all Naples luxury condos have loud construction restrictions. This means all of your noisy work needs to be completed sometime between October or December.
Bay Colony, for example, has recently passed a rule allowing for noisy work to continue through December but each building must pass the extension from October for it to be valid. You’ll want to ask me about the rules for the building where you want to buy because they seldom sway from the direction in the bylaws.
Construction timelines can be wildly challenging with larger units or even smaller units if your specs and plans aren’t completed and submitted to permitting in time. So many people every year find themselves in the trap of waiting until the end of the season to purchase and then finding out they aren’t going to accomplish the work they want to do before the end of the construction period. You do not want to suffer through a year of waiting in many of the best units that will become available. We have an enormous amount of listings in buildings that are in original condition. Some of these buildings are old which means the units are REALLY tired by now.
Construction on the biggest units – 8,000 square feet plus like Windsor at Bay Colony, Enclave at Park Shore, Regent at Park Shore and Le Rivage at Park Shore, you’re probably looking at a 2 year construction period unless you really have all your ducks in a row.
Test For Radon
Jumping Jack Flash it’s a gas, gas, gas – hahaha!
Many people don’t realize there can be dangerous levels of radon in high-rise buildings. Many buyers from up north find it in their basements. High levels (4.0 pCi/l or more) can be found as high as some penthouses in buildings around Naples. Always test!
There’s one guy who is coined with being the best to mitigate in Naples. He’s busy. I know him. You should call me.
Naples Luxury Condo Availability
Tell me what you want what you really, really want.
Over the years people have complained about the lack of Naples luxury condo inventory. Some years it’s a horrible challenge to find amazing units at prices that make sense. This year is a little different for buyers! You have more selection. Sellers have also been a little more friendly about giving up the goods.
I can be pretty good at finding what you need but you have to tell me what you want.
Some buyers are asking me for units or buildings where no available inventory exists. If you are thinking about selling, call me. I may already know your buyer.
Naples Luxury Condo Negotiations
“Let’s get together and feel alright”
We’re definitely in a different market this year and that’s going to cause some uncertainty which is often better for the buyer in terms of negotiations but it can also cause havoc at the negotiating table.
“Contract back outs due to repair negotiations are up!” – Kevin Coleman, Naples real estate attorney
No surprise. This typically happens when prices start dropping and sellers think they’ve already been beaten up too much to have to agree to expensive repair requests. The best way to combat this is to be ready. I can assist. There are so many ways to handle these issues so the seller and buyer can stick it out. If you’re buying or selling, call me for some insight.
As we enter a new part of the buying and selling trend in Naples, negotiations are going to go differently this year. This catches new and inexperienced agents, buyers and sellers completely off guard. My team and I have been here before several times. After 22 years in the business, I can give you different options so you can make the best decision.
I hope you gathered some great content to help you buy or sell your Naples luxury condo.
Reach out to me directly for more information or to set an appointment.
Shannon Lefevre, PA
Your Naples Smart Girl!