Posted by Peggy Farber on 6/27/2018

We may drool over homes that we see on TV, wondering if we could ever have a home that measures up. The truth is that anyone can have the benefits of luxury living with the right adjustments made to a property. We’ll take a look at some of the most prominent features of luxury homes and how you can have them in your own home- all at a less-than-luxury price. 


Open Floor Plans


Homes with grand entryways, and elaborate architecture present as you enter tend to be a sign of luxury. However, the open floor plan is the most important part of a luxury home. This gives the feeling of open spaces, large rooms, and an airy feeling. Why wouldn’t you want to feel this way? Everyone can afford to make their home a bit more open simply by removing furniture or doing some simple remodeling.


Smart Homes Rule


A sign of a luxury home that’s actually readily accessible to everyone is that of a smart home. The more technology that’s present in the home, the more luxurious a home feels. Homeowners want every piece if technology that they can get their hands on when it comes to smart living. With the touch of a button, you can lock your doors, control the alarm system, or control your home’s climate. You don’t even have to be anywhere near your home to perform these operations. Installing wireless technologies is a great idea because they provide ease and a sense of security for homeowners. 


Be Environmentally Friendly 


If you decide to install some solar panels or build an addition to the home with reclaimed materials that could be very attractive to homebuyers. People are looking for ways to contribute to a better environment and save money at the same time. Environmentally friendly features in a home are very attractive to buyers. and provide a sense of luxury.


Outdoor Kitchen And Seating


An outdoor kitchen is truly a luxury item. People who are looking for a bit of luxury in their life look for a great outdoor living space. The kitchen should include a built-in grill, a sink, and a food prep area. You should also have adequate seating for this outdoor area. If you’re unable to install an entire kitchen, consider possibly installing just a built-in grill on its own. If you have the budget and the room, consider putting in a hot tub for the ultimate backyard of luxury. 


Game And Theater Rooms


If you have a room of the house that can be used as a home theater or a game room, you have a golden piece of luxury that many people crave. Separate entertainment spaces are really an item that not many homes have. If you can finish your basement and transform it into either a home theater, game room, or both, your property has a piece of luxury with it.  


If you want to sneak a peek into the lives of the rich and famous, now you can. Many prominent features of luxury homes are accessible to everyone with a bit of planning.




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Posted by Peggy Farber on 3/2/2016

The news has been bombarded with negative stories about the real estate market over the past few years, but the tides are turning and inventory is now lower than ever. There are still many opportunities for buyers as prices still remain low. For savvy homebuyers looking to buy in the high-end or luxury marketplace there is tremendous opportunity. If you’ve always dreamed about buying a luxury property but considered it just out of reach, today’s market may has put downward pressure on the prices of higher-end homes making them more affordable than ever. To buy your dream home you will want to have a strategy. 1. Choose your agent wisely. Your agent is your advocate. You will need an agent who is experienced and successful in the luxury home market. Agents who deal in luxury property have the right knowledge to help you locate and negotiate an offer on a high-end home. 2. Take the time necessary. The high-end home search may take more time and patience. The supply of luxury homes may be smaller, you may even need to expand your search or rely or your agent to find homes that may not be currently up for sale. The home will be bigger, have more features and thus there will be more to consider in the purchase decision. 3. Prepare the perfect offer. Cash is king in today’s market. According to the May 2011 REALTORS® Confidence Index from the National Association of REALTORS®, 30 percent of all purchases between mid-April and mid-May of last year were financed with cash. The number was even higher for luxury properties. Even though many luxury sellers may also be in a distressed property situation they are typically more particular about who was buying their property as well as the final selling price. Use your agent to carefully craft the perfect offer.