What defines a luxury home? This term is thrown around a lot when talking about expensive homes, but there is actually a few things that make a home a true luxury home, and it has a set definition. Yes, price a huge factor into what makes a home upscale, but it also entails location, amenities, and other aspects. Whether you are looking for the definition or just curious about these homes keep reading for some examples of what may make the home you are looking for or currently have to see what makes homes have specific titles. This article will explain everything that a high end home has, as well as a couple of neighborhoods where these gorgeous homes are found in Phoenix. Generally, in the United States, homes that are priced above one million dollars are defined as luxury homes but this is not necessarily true in todays market. This can be swayed a little due to the other factors.
Location is one of the biggest factors that help make a home fall into this category. A million dollars can be just an average price in many areas of the United States. The view from the house is one of the most important factors, therefore waterfront homes are usually defined as a more luxurious home especially in the desert. Also, what is around it, such as the downtown district, schools, golf courses, and the crime rate in the surrounding area. Any of these factors are huge variables into what makes a luxurious home. Because of these different factors, the one million dollar mark can actually be swayed a little. Again, price is not always a factor as a million dollars just does not buy a large high end home in some areas.
A fairly small home with nice upgrades and having the property on the water or with mountain views may raise the price or make a home more in the luxury arena, whereas a bigger home with plenty of property may not be in the same category but just a nice home with plenty of land. This all depends on so many other factors. The view and surrounding area makes a definite impact on the definition of a property, Just because a home is advertised with a title does not necessarily make it fall into that particular category for everyone. Now that we have defined what makes luxury real estate, where can you get this type of home in Phoenix? There are many different choices in price ranges that can go from unbelievable to modest (at least as luxury homes are concerned). Starting in the East Valley, Gilbert, Chandler, Mesa, and Tempe all have luxury homes that you can live in.
Gilbert has neighborhoods like The Islands, and Val Vista Lakes, whereas Chandler has neighborhoods like Fulton Ranch and Ocotillo Lakes. All these neighborhoods provide great home with an amazing location. Some are directly on water to shoot up their value. Of course, Gilbert and Chandler are not the only ones who give us luxury real estate. The other cities also provide much in the case of luxury property. In fact, all of Phoenix has plenty of luxury real estate. Whether these homes are in Phoenix itself, or cities like Scottsdale, there is no shortage. Gorgeous high end real estate has many different aspects that make them so appealing. The size, the land, the location, and the design are all reasons why someone would want to live in one. Phoenix is a great place to live if you want to live in style.