All About Comparative Market Analysis Reports Posted byTeam H&L Miami @Real Estate Empireon8/12/2018Comparative market analysis is a tool that helps sellers to know about how much their home is
Jul 3 2018 37430 1
Posted byTeam H&L Miami @Real Estate Empireon7/2/2018
What makes a luxury home considered a luxury? While what is considered a luxury can differ from one person to the next when it comes to luxury homes the parameters are much more objective. And there’s much more to it than the number on the price tag. Luxury homes are defined by the quality and high-level detail put into them. Keep reading to learn how.
Build quality is the first factor to look at. All materials should be above the standard. From the construction to the wood flooring and marble countertops. Almost everything is custom with detail and care put into each element. One-of-a-kind hard-to-find features make a home feel luxurious and certainly a cut above the rest. Many buyers are now seeking out homes built from sustainable materials and boasting eco-friendly features.
The second factor is location. It could be acres of land isolated from the hustle and bustle of city life but full of stunning views. Or in the heart of a city that is always on the pulse with a sweeping scene of the lights and glamour only stacks of buildings can create. No matter the surrounding population you can be sure a luxury home will have a high degree of privacy. And many times equipped with security necessary to keep that treasured privacy from being disrupted.
A third is the prestige of the build. A home designed by an esteemed architect has much of the same appeal as buying a painting from a renowned painter. Alternatively, a home with an interesting backstory and/or history adds intrigue and exclusivity. They often boast state of the art features and are completely bespoke to the owner and landscape. A current trend is understated builds that feel seamless and non-disruptive to their surroundings.
Amenities not otherwise found in standard homes set a luxury home apart from the herd. Think theater rooms, fitness centers, an indoor pool, or wine cellar. And in many cases all of the above. Large balconies provide the homeowner to take in the impressive views of their chosen surroundings. While meditation gardens and outdoor showers transport to another world. Bringing outside luxuries onto the premises makes these homes an insulated oasis from the outside world, for their owners to kick back and relax.
Quality and individuality coupled with privacy make a home highly coveted. The resources that go into crafting the experiences these builds provide make for a luxury home. Many think it’s simply the price tag. However, this is simply a representation of how much time and thought was put into the creative process of building a truly luxurious home. When house hunting keep these factors in mind as they absolutely determine the value and cost of each of the homes that find their way onto your wishlist.
Team H&L Miami @ Real Estate Empire Group is a fast growing boutique Real Estate firm established in 2001. It began to revolutionize property sales as well as marketing through brokers, agents, and an....