Top considerations when identifying a home as luxury on the Space Coast
It has been my experience that every area of the country is different when it comes to the luxury real estate market.
In some areas, buyers may spend a million dollars, and end up with a property that still would not fit that description! Other areas may have few homes priced over $500,000, and these constitute what most people would call the “luxury” market.
When previewing real estate on the Space Coast of Florida, I look beyond price and square footage for other factors that define a luxury property. Here are a few of my top considerations:
Location and Neighborhood: These attributes are always important, but especially in the luxury market. In any area, I immediately want to learn which characteristics of the environment render a property highly sought after. For example, in Brevard County, homes located on the Indian or Banana Rivers are sometimes considered more desirable than oceanfront estates.
Finish and Decor: Luxury homes typically feature hand-crafted finishes which can include custom wall treatments, cabinets, moldings and other details not found in the average home.
Luxury Furnishings: I find that many high-end buyers are impressed by custom details that are made to fit perfectly into the ambience of a particular space, or geographic location. Such features are quite expensive to add, and are almost always included in the selling price, at no extra cost to the buyer.
Upscale Amenities: These are only limited by the owner’s imagination, and can include fancy appliances, speaker systems, customized window treatments and even things like temperature controlled wine storage and cigar bars! The list is unending, affording buyers an opportunity to benefit from improvements that would be extremely costly to add later.
While the above factors are generally understood to define this market, I find that “luxury” tends to mean something different to each individual. Working with individual clients to help fulfill their particular tastes and interests is what we do best. Space Coast Real Estate One can help you to navigate the luxury market according to your unique situation.
If you have a luxury property you are interested in selling or would like a market analysis on, or if you are considering purchasing please feel free to contact me directly at 321.914.4409 for a private phone consultation about your luxury property or via email at <a href=”mailto:[email protected]”><span style=”color: #0000ff; font-size: medium;”>[email protected]</span></a>. You will always be treated with respect, integrity and discretion and receive the highest possible level of service in the industry.