Aside from apartments, marina homes are becoming increasingly popular to homeowners because of their scenic view. But apart from its location, are there any other reasons why affluent home buyers are looking for luxury homes? What should you expect from a luxury home anyway?
Most people are looking for a life of comfort, especially when they’ve experienced an increase in wealth. Every market has its definition of what luxury real estate should look. But the term has always been used to define ultra-luxury homes of the elite with a modern complete kitchen. Most even have state-of-the-art appliances, too.
Defining a luxury home
US News says that there isn’t a checklist for defining what luxury homes should be. But there are a few common traits that most upscale properties share.
Luxury houses on land for sale in Townsville often have high-end interior finishes such as marble countertops. Most of these properties even have professional-quality kitchen appliances like typical high-class hotels.
Of course, not all residences are constructed the same. Each one often has a unique feature that sets it apart from everybody else. If you translate the idea of privilege to a rural setting, people will define it as being in a gated community. Meanwhile, others define it as being a part of an association that provides you access to an elite country club.
What makes a luxury home special?
While it’s hard to define the factors that encapsulate the meaning of luxury, there are ways to help determine what it’s all about.
Often, luxury price depends on its location. A million-dollar property may not be worth the same if located elsewhere. But in general, a luxury property would often start at $500,000 and increase from there.
If you’re looking for a premier property, it’s best to consider its location. Most of the time, luxury houses are in coveted spots with the most scenic views. But these areas evolve as the years pass. A location that has a strip of great bars and restaurants can be the next best bet when it comes to attracting high-end buyers.
Premier quality and luxe amenities also play a vital role when it comes to choosing a luxury property. You need to look at the construction materials used in the design. A few typical staples when it comes to luxury houses are marble, Venetian plaster, and top of the line appliances.
Most luxury buyers often look for privacy. Celebrities, for instance, want space where they can get away from the public eye, especially from the paparazzi. As such, they often look for properties with high walls and foliage. Realtor.com says that they also look for properties with gated entrances complete with security guards.
Ultimately, the definition of what a luxury home is all about depends on the buyer. To some, a luxury home means having the privacy to enjoy their life. Others define it as living on the ocean complete with access to a private beach, while some describe it as a fully automated home appointed with high-tech appliances. In truth, any property can be a luxury home if you’re happy with it.