What Makes Luxury Real Estate Luxurious?

Here at the Hawkins/Ryerse Real Estate Group, we want to help you find the best real estate properties for your needs, whether you are buying a family home or looking to make an investment. One area in particular we can help you with is luxury real estate. While many people associate this term with specific imagery or features, not all of those people can explain in words what makes luxury real estate luxurious. In this article, we at the Hawkins/Ryerse Real Estate Group will attempt to do just that in order to give you a better understanding of what makes this type of property different than the standard variety.

• One of the key distinctions between luxury and standard properties is their relative size. In the majority of cases, luxury homes and apartments tend to be larger and to offer more space than their standard counterparts. This includes both the size of the individual rooms, the number of rooms, and the height of the ceilings.
• As you can probably guess by the name, another thing that sets luxury real estate apart is its high price point. In some areas, a luxury property is defined as any home or apartment that is priced at over a million dollars, but in places like Los Angeles, for instance, prices can go much higher. These higher prices are due to their premium locations, generous space, and top-notch materials and amenities.
• The third quality of luxury real estate that we at the Hawkins/Ryerse Real Estate Group will cover here is its superior level of comfort. To give some examples, luxury properties tend to have things like hot tubs or heated swimming pools, home theaters or gyms, and more.