Stephanie Patterson August 1, 2023
Luxury homes are the epitome of class, style, and opulence.
Offering the best of the best in architecture and design, these homes incorporate premium building materials, breathtaking aesthetics, deluxe finishes, and so much more. Expansive spaces in the best locations and cutting edge smart tech ensure privacy and security, while a wide range of amenities elevate your quality of life.
What exactly does it take to make a luxury home luxury—and what are the latest trends from luxury real estate influencers? Let’s take a closer look.
Luxury homes are the most expensive houses on the market because they offer the best of the best—but there’s no magic number that automatically indicates that a home is a luxury property. Since home values vary widely from market to market, the range for luxury homes varies similarly.
Some definitions of “luxury real estate” state that a home’s value must fall into the top 10% of homes in a particular market for it to be considered luxury. Others require the home’s price to be twice the average home value in the area. See more information from Bankrate.
Luxury homes offer a wide range of amenities that are not typically found in other types of homes. These amenities often include:
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Luxury homes are where art meets convenience, and they’re designed to be both beautiful and extremely functional. They often feature:
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You’ll usually find luxury homes in prime locations near desirable amenities, such as beaches, lakes, golf courses, and more.
They’re also often located in exclusive neighborhoods and master-planned communities. These communities have controlled access and 24-hour security, which helps result in high property values and low crime rates.
Luxury homes also offer a high level of privacy because they tend to have larger-than-average lot sizes and many security features, and they may be located in areas secluded from traffic, noise.
Meriellen & Stephanie break down the 2019 trends for you
See if you should move before you make a move on your crush.
Your home deserves this kind of attention. With experience helping over 1,000 buyers and sellers, we know how to market your property effectively, find the right buyer, and guide you through the real estate process with ease and insight. Schedule a call with our team to discuss your property and discover how we can create the best selling experience for you.