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When buying a home, there are many things to consider. Luxury homes are definitely pricier, but they offer all the creature comforts that one comes to expect in life. If you have the right income, luxury homes symbolize the status you have achieved.
Most luxury homes will have more than 2,000 sq. feet, and the special features vary as much as the tastes of the person purchasing the home. Really big kitchens, formal dining rooms, large livingrooms for entertaining, grand master suites with their own bathrooms and, quite often, considerably large walk-in closets come standard. How many rooms the buyer wishes to have for family and/or visiting friends and guests depends on what the buyer is looking for. Luxury homes can have as few as three large guest rooms, not including the master suite, or as many as several hundred spare rooms! Some luxury homes may even provide several bathrooms or individual private bathrooms tucked into every spare room.
As with any home purchase, buying a home is all about location, location, location! Is the house a 4,200 sq. foot home squeezed into a small lot space in a middle class or run down, impoverished neighborhood? Or is it located in a gated community? These are all things to consider when buying a home.
|Jennifer Mathes, Ph.D.|