What defines a luxury home?

A luxury, or high-end, home is typically valued within the top 10% of properties on the local real estate market. High-end homes tend to be considerable in size, located in optimal areas, constructed and finished with high-end materials and designed with uncommon architectural details and exceptional amenities.

What house price is considered luxury?

Typically, luxury real estate is valued within the top 10% of properties on the local market. Depending on the property values within the local area, buyers looking to purchase a luxury home can pay anywhere from a few million dollars to more than $100 million.

What are considered high-end finishes?

A thicker than normal countertop, integrated features, and floating surfaces are among the top choices for homeowners who want to enjoy a luxury look. Generally, tile is considered a high-end finish, and the bar is raised based on the installation difficulty of the tile.

What do people look for in a luxury home?

A Chef’s Kitchen and Butler’s Pantry are key features that you’ll commonly find in luxury homes. … Some must-have luxury home items in Chef’s Kitchen rooms include: double ovens, heating drawers, kitchen islands, sub-zero refrigerators and freezers, custom cabinetry, and plenty more.

Is having a luxurious home important to you?

Super security

Living in luxury projects would mean you, your family and your belongings are far more safer and secure. Luxury projects have top-of-the-line security which includes both trained security personnel and high-security installations.

Are high end finishes worth it?

If you’re buying a new home and planning to remain there for a significant amount of time, spending the extra dollars on certain finishes may be worth it. You’re designing the home for you, and you want to feel satisfied with the overall look and feel of your home.

What does higher end mean?

higher–end; highest–end. Learner’s definition of HIGH–END. [also more high–end; most high–end] US. : higher in price and of better quality than most others.

Why do people buy luxury apartments?

Luxury housing projects are also seen as the perfect environment for one’s children to grow up in and the adults to socialise in. After all, such projects basically form a society with a certain degree of culture, education and beliefs. The increasing demand for properties in India rivals that of gold.