What is a luxury home, and what makes it luxurious? The term is often used by those that want to add some prominence to their real estate listing. And because there is no fixed definition for luxury homes, this is easily done. But when the square footage, amenities, and locale aren’t all first rate, the home might be great, but not luxurious.
What are Luxury Homes?
These homes are usually quite large, constructed from high quality building materials, feature extravagant decor, and have a variety of high-end amenities. You are going to find these luxurious homes in the best, most desirable areas. They are valued near the top ten percent of the local real estate market.
What Makes a Luxury Home?
If you had to put into detail your luxury dream home, you might imagine a desirable location on the beach, tremendous square footage, or high-priced materials such as marble or exotic hardwoods. You’re heading in the right direction! This post takes an in-depth look at a luxury home characteristics list to define what makes a home a luxury one.
Higher Price Tag
Luxury homes come with a higher price tag to match. The low-end spans from Five-hundred thousand to three million dollars, but it differs considerably by regional location. For instance, if you’re looking for a luxury home in California, prices start upwards around four million dollars.
Prime Location
When it comes down to location, you are going to find luxury home properties in the most desirable areas. Imagine beachfronts, mountaintops, or dazzling views overlooking the city. Find the hottest spot in the city and that’s where high-end homes are going to pop up. Nevertheless, communities are ever evolving, so a pristine area might not always be desirable. For instance, should a new development block your once-incredible view, the property value is going to go down.
Size
When it comes down to luxury homes, bigger is always better. The more significant the square footage – if its more rooms or bigger open areas – the more luxurious the home. And then increased the property’s value.
High-Quality Materials
Disregard “contractor grade” materials! Luxury homes only use the highest quality materials for both exterior finishes and interior trim. Luxury home supplies might comprise of expensive choices such as marble countertops, exotic hardwood bathroom floors, or Marmorino plaster for its walls. You are also going to find professional-grade kitchen appliances good enough for a chef.
Architectural Design
Luxury home architectural design is far from the norm. This individualism adds to the property’s overall value. These homes are typically built to suit the lifestyle and taste of the initial owner, making them a “one-off”. In many cases, a renowned architect takes the lead in the design process. Subject to their reputation and the present trends, this could make the home even more enticing to buyers.
Modern Amenities
Luxury home amenities could be the most enjoyable aspect of these homes. These extravagant amenities go beyond the normal conveniences you are going to find in a traditional home. Smart home tech, basement theaters, full gaming rooms, exercise rooms, basketball courts, and wine rooms are just a few of the excessive features available. Each amenity is going to add to the home’s overall value.
Privacy
Privacy in luxury homes is vital. Your property is going to likely feature gated entrances with security, large lawns, large walls, and a lot of shrubbery – all making your luxury home your personal getaway from the rest of the world.
MK Design And Build In Arizona
MK Design And Build, located in Mesa, Arizona, specializes in residential construction, providing clients with state-of-the-art technology combined with cost-effective building methods. MK offers a variety of styles and designs for you to use as a starting point in your home building journey. With an extensive library of existing plans to choose from, we’ve organized them into 4 Series to facilitate the shopping experience: Classic, Vintage, Contemporary and Craftsman. Contact MK Design and Build right here!