What Makes A Home High-End?

Getting a few answers before you begin looking for your new home can eliminate many of the options on the market. Learn more about it here.

What Makes A Home High-End?

12 October 2021
 Categories: Real Estate, Blog

Prospective homebuyers use a wide range of search terms when trying to find available properties. One term that is often used is "high-end." Luxury properties appeal to a very select audience, so it's essential that real estate agents understand the qualities that truly make a home high-end before listing the property. Marketing a high-end home requires a unique approach. Being able to identify those homes that truly are luxury listings will help you better serve the needs of your clients in the future.

1. Location

Real estate is all about location. It should come as no surprise that the geographic location of a property is often a determining factor when labeling the listing as high-end.

High-end homes are typically located in close proximity to desirable landscapes. You will find luxury homes nestled in picturesque mountain towns, along the banks of lakes or rivers, and in the heart of popular cities. Be sure to determine how the location of a property will affect its value before listing it as a luxury home.

2. Size

The size of a home can play a major role in determining whether or not it will be a high-end listing. Most people think of luxury homes as being large and spacious. The more square footage a home has, the more luxurious it is perceived to be.

This doesn't mean that smaller properties can't be listed as high-end, though. There are plenty of small townhomes and apartments in urban settings that qualify as high-end properties.

It's best to evaluate the home's size in relative terms. If a property is significantly larger than the other properties available in the same market, it can probably be categorized as a luxury listing.

3. Prestige

The history of a property can play a role in defining it as a high-end listing.

Homes that were constructed by well-known architects, served as significant landmarks for major historical events, or were lived in by a prominent public figure have much more prestige than other residences. The history of these homes contributes to the overall luxuriousness of the properties. A home that is rich in historical prestige is usually considered high-end and should be marketed as such when listed on the real estate market.

High-end properties vary in their architectural styles, construction materials, and amenities. Despite these differences, there are some unique elements that all high-end homes share. The more you know about these defining characteristics, the more prepared you will be to manage luxury listings in the future. Keep these tips in mind when looking for million-dollar property listings near you.

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what is your perfect home?

What is the perfect home? What is perfect for one person may be too small or large for another? Do you want a home made of brick or do you want one made of wood? Do you want a condo or do you want a house on a nice big piece of land? Getting a few answers before you begin looking for your new home can eliminate many of the options on the market. This will help to decrease the time it takes for you to search for the home that you find perfect for yourself and your family's needs.