What to Look for in a Luxury Property
There’s no hard-and-fast definition for what makes a “luxury” home. Some assume any property above a certain price point is luxury, but that’s hardly the case (especially since home prices can vary widely from one part of the country to the next).
If you’re wondering what gives a luxury home that special feel, there are generally a few things they have in common. Keep an eye out for these five features the next time you’re researching properties.
- High-End Materials: Instead of builder grade, you can expect high-quality materials. From countertops to cabinet hardware to flooring, many of these luxe materials are customized to the home’s aesthetic and layout.
- Location: Depending on your preferences, a prime location might mean having a large lot in an in-demand area, a downtown residence near local hot spots or a place with amazing views of nature or the city. In short: a location that stands out from the pack.
- Sustainability: Many luxury properties these days are built with sustainability and efficiency in mind. These qualities can help your home operate more effectively in the long run and often include elegant design choices, too.
- Architectural Detail: You may find luxury properties to have unique architecture and layouts. Bold choices, high ceilings and elements that are visibly special to the property can make a home feel extravagant.
- Niche Spaces: Homes serve many purposes, and having designated spaces can be important. Features like an outdoor kitchen, a fitness center, a zen garden, a library or even a pickleball court can elevate a property.
Are you ready to buy your next luxury property? Get in touch today for expert help.