Have you ever wondered what it would be like to own a luxury home? When most of us think of luxury homes, we think of stunning views, rich furnishing, and breathtaking amenities. We often wonder what it would be like to live such a luxurious lifestyle in the home of our dreams.
But luxury poses many different meanings in today’s world. It has become hard to distinguish between authentic luxury homes and homes that are described with luxury features but upon closer examination, fail to pass the test. Before you spend countless hours focusing on the idea of luxury homes, read this article to answer these questions- what should one expect from a high-end home and how does a person find one?
A simple definition is a home valued in the top 10% of the properties on the local market. Other indicators include—large square footage, optimal location, high-end materials/finishings, or unique architecture and amenities.
Many of these homes are highly unique and never look the same as one another and that is a key component to their distinction.
Let’s go through each of these components to get a better understanding of what a luxury home is.
An obvious indicator of value is size. The bigger the home the more luxurious it is considered to be. A large home could mean—more bedrooms, specialized areas for staff or hobbies, or magnificent master bedrooms.
However, size is subjective to location. For example, a large luxury home in New York City is very small compared to a luxury home in Texas. But a large penthouse in Manhattan that boasts five floors, 11 bedrooms, and a gym is surely luxurious for someone living in New York City. Size and luxury do not come one and the same everywhere.
The Key Components
Let’s go through each of these components to get a better understanding of what a luxury home is.
It is no surprise that location adds to a property’s value. Luxury homes can be found in countless prime locations—along a waterfront, in the center of a popular city, or high in the mountains. When looking for a luxury home, you may also realize that size and location together are the biggest determining factors of price. A very large home in an unpopular area will not be considered as luxurious as a smaller home in a desirable location.
Size and location only go so far without quality finishings and materials. Many homes are described as luxury, but when buyers look closer at the details they begin to realize luxury is an overused term.
Quality finishings and materials include—wooden herringbone floors, marble countertops, top-of-the-line appliances, and custom mantle pieces. A truly high-end home incorporates exclusive materials that are made specifically for the home.
Many different luxury homes combine architectural styles which give these homes a unique appearance. Distinctive appearances are what set homes apart as a luxury.
High-end homes come in many different shapes and sizes and are created with an artistic vision. Beauty is in the eye of the beholder and every luxury home is created for different lifestyles. Whether a home is built for an environmentally conscious family, or for someone who collects expensive cars—uniqueness is luxurious.
Many luxury homeowners enjoy amenities that many Americans wouldn’t even be able to find in their city—a sauna, a massage room, or an infinity swimming pool. These amenities offer a mix of comfort and pleasure and range from plush movie theaters to indoor rock-climbing walls. There are no limits to what a luxury home can entail.
Each luxury home has its own story to tell. It is this history that gives the home its prestige. But how do you put a price on a story? The value is set at whatever the buyer is willing to pay. No matter the location, size, story, or amenities, the buyer decides the property’s worth. This is why you find the most luxurious houses on the market longer than average—their prestige presents different market challenges than the average home.
This is why you need an experienced agent like Ken Grech. If you’re looking to buy or sell a luxurious home you need someone who understands your property’s value and your needs. To find out more about these amazing homes please give Ken a call. Let’s start this journey together.
An obvious indicator of value is size. The bigger the home the more luxurious it is considered to be. A large home could mean—more bedrooms, specialized areas for staff or hobbies, or magnificent master bedrooms.
However, size is subjective to location. For example, a large luxury home in New York City is very small compared to a luxury home in Texas. But a large penthouse in Manhattan that boasts five floors, 11 bedrooms, and a gym is surely luxurious for someone living in New York City. Size and luxury do not come one and the same everywher
Size and location only go so far without quality finishings and materials. Many homes are described as luxury, but when buyers look closer at the details they begin to realize luxury is an overused term.
Quality finishings and materials include—wooden herringbone floors, marble countertops, top-of-the-line appliances, and custom mantle pieces. A truly high-end home incorporates exclusive materials that are made specifically for the home.
Many different luxury homes combine architectural styles which give these homes a unique appearance. Distinctive appearances are what set homes apart as a luxury.
High-end homes come in many different shapes and sizes and are created with an artistic vision. Beauty is in the eye of the beholder and every luxury home is created for different lifestyles. Whether a home is built for an environmentally conscious family, or for someone who collects expensive cars—uniqueness is luxurious.
Many luxury homeowners enjoy amenities that many Americans wouldn’t even be able to find in their city—a sauna, a massage room, or an infinity swimming pool. These amenities offer a mix of comfort and pleasure and range from plush movie theaters to indoor rock-climbing walls. There are no limits to what a luxury home can entail.
Each luxury home has its own story to tell. It is this history that gives the home its prestige. But how do you put a price on a story? The value is set at whatever the buyer is willing to pay. No matter the location, size, story, or amenities, the buyer decides the property’s worth. This is why you find the most luxurious houses on the market longer than average—their prestige presents different market challenges than the average home.
This is why you need an experienced agent like Ken Grech. If you’re looking to buy or sell a luxurious home you need someone who understands your property’s value and your needs. To find out more about these amazing homes please give Ken a call. Let’s start this journey together.
Kenneth Grech
Real Estate Agent
Simi Valley | California
159 Parrot Lane,
Simi Valley, CA, 93065
DRE#01328727
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