If you’re looking for a Scottsdale luxury home for sale, or a Paradise Valley home for sale...you might be wondering how "luxury home" is defined - as far as cost and amenities. Lately, the word is overused since it seems like half the homes for sale seem to have the word “luxury” attached.
What Defines a Scottsdale Luxury Home?
What defines a luxury home is different in each market, depending on property values, median income and development in the area. In some cases, you might say,
“Luxury is an experience, not a price point.”
The term has been used to describe ultra-luxury homes of the wealthiest one percent in the world to a comparatively modest kitchen in a different real estate market. So, let's look at the features, amenities, qualities that truly define a Scottsdale and Paradise Valley Luxury Home
Where Does Luxury Begin in Scottsdale and Paradise Valley?
The typical luxury home for sale is $1 million or more in many larger U.S. cities, in New York City, a luxury homes may start at $4 million due to elevated market and associated amenities. In Scottsdale you may find a rare $700,000 luxury home; In Paradise Valley, I have not seen any qualifying "luxury homes" for less than 1.5 .
Luxury real estate agents are defined as those who are performing in the top 10 percent of a market. The best Realtors specializing in luxury homes in Scottsdale have a unique, talent, experience and ability to negotiate and transact luxury sales. Be assured, once in the price range of a Scottsdale or Paradise Valley luxury home, the process for buying a high-priced home greatly differs from that of lower priced properties.
What Defines Luxury?
There’s not really a checklist for what determines a Paradise Valley luxury property but generally, it’s a great location, quality construction, high-end furnishings and amenities such as marble countertops, wine rooms, kitchen appliances that are top-of-the-line, Wolf- Sub Zero, Gaggenau, Viking, and customized interior finishes and detail, custom his and her oversized closets, a dedicated theater room, gym off master suite, en-suite bathrooms in most bedrooms, multi zone cooling, designer lighting, pools with water features, over sized patios, high powered misters, latest technology in the home, 4 or more air conditioned garage spaces. In the case of a luxury condo in Scottsdale, you’ll find additionally, all the finest high end finishes with added amenities such as concierge services, butler, cleaning services, a prestigious fitness center along with a spa center. If you are looking for true luxury home, these boxes will need to be checked.
How to Define Luxury in a Real Estate Listing
Defining what’s high-end in a Scottsdale luxury home listing can come from reading a description however the best approach is to, ask me to evaluate the property for you. I have read countless marketing comments on a home where the homes finishes were completely inaccurately described by the listing representative. Either due to lack of knowledge or misrepresentation. You want a Realtor who’s familiar with the area and also high-end properties. I can help you with all your real estate goals. I am a Realtor specializing in luxury homes in Scottsdale and Paradise Valley.
My goal is to be of service to you. I say it often but it cannot be said enough, " in real estate, there is a difference in Real estate professionals" For more tips on a 'best home buy" Please call me now at 480-450-4632.
Realtor -Specializing in Scottsdale , Arcadia and Paradise Valley Arizona
Michael Chaisson - Realtor
Russ Lyon Sotheby's International Realty
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