Luxury real estate is on the rise. In the past there was more of a distinct separation between luxury homes and regular homes. Due to the explosion of the remodel industry this distinction has become somewhat blurred.
Nowadays, having a luxury home isn’t just from having an expensive house, you can consider your house a luxury home if you have nice furnishing in it without having a big house. You may have experienced this before, for if you have walked into a beautifully decorated home, you’d understand how expensive it looks despite how big or luxury the architecture is. Or maybe your the one with a nice interior. In conclusion, luxury interior features of a property can push an otherwise average property into the semi-luxury zone. Though, there is one feature that you simply can’t upgrade and that’s location.
This is truly the #1 key factor to what makes a home a luxury real estate candidate. I say candidate because you could have a property that is in the best location but run down. In this case it is still luxury due to it’s geographic position and potential. It is a diamond in the rough. These types of properties make an amazing renovation investment.
Regardless of if you are seeking a completed luxury property or one that you can improve we are here to help you find it. Give us a call today!
