What Are the 7 Defining Elements of Luxury Property

What Are the 7 Defining Elements of Luxury Property

When purchasing or renting a property, the last thing you want is a basic, boring home that you can find just about anywhere. What you really want is something special and something that truly speaks to you and makes you feel at home. Otherwise, it wouldn’t be worth the money, now would it?

However, sometimes our budgets can prevent us from being able to afford what we deem to be “special.” Not to mention, regardless of budget, it can be difficult to find a home that we consider luxurious and exceptional.

Maybe you’re looking at the wrong places for a luxury property, or maybe you’re just not looking for the right elements of your prospective home. Below are seven elements you’re going to want to keep your eyes peeled for when trying to find that perfect, grandeur home.

The Right Location

Location is king, as they often say. You can have the perfect house, but if the location is crummy, then, well, that situation is out of your control. That’s why many folks would rather have a fixer upper in a grand location than a luxury home in an unsafe or undesirable area. A home can always be fixed up.

You can truly get the best of both worlds, though, when you look high and low for the perfect luxury property. Never settle for a home just because it has all the features you want but isn’t in an ideal location. You can never change that location, that is, unless you move into an entirely different home.

Uniqueness

When looking at a home, take note of the features that make it unique from other homes you’ve been looking at. Every property has something that makes it different and ultimately stand out as a one-of-a-kind home.

A well-established garden, a home theater, a sunroom, a wine cellar, or pool with a waterfall are examples of unique features that a home might offer. Not only should these features be unique, but they should be something that you like. You won’t necessarily like every unique feature of every home the way someone else might.

Considering the unique features of a home will help you narrow down your options and select the right property in the end.

Charm

Charm, in many cases, can fall into the uniqueness category. However, charm is a special and specific type of uniqueness as it is something that mainly older, vintage homes offer. In fact, the charm of many older homes is what makes these houses so sought after from the get-go.

Charm or character of a home might include vintage shutters, unique molding, a built-in brick fireplace (so many homes are doing away with fireplaces these days or have a modern, electric fireplace instead), or a pressed-metal ceiling. These are things that your average home, and most modern homes, will not be able to offer.

Quality Construction

The quality of the construction of a home is one of the most important features overall. You certainly don’t want a home that’s going to need repairs or a full-blown renovation, and you aren’t going to be happy living in a home that makes you feel unsafe, especially if you have children and/or pets.

And in terms of a luxury home, you’re going to want to expect good quality construction as you’ll likely be spending quite a bit of money on the property. You deserve to reside in a home that’s well worth the expense and be able to enjoy it in that state for many years to come.

Signs of good quality construction include a well-built roof, wood trim that’s in good shape, and tightly-sealed windows without visible condensation between the glass panes.

Level of Comfort

A home isn’t a home unless it is a place that you can find comfort and joy in. You might find that a house that is too modern, streamlined, or minimalist uncomfortable. That said, what features should you look for in a home to ensure it’s level of comfort will meet your wants and needs?

Comfort is subjective. However, many find comfort in a home that offers air conditioning and heating, happy colors, plenty of natural lighting, security (e.g., built-in cameras, a large gate), and lots of open space. These are dealbreakers for many folks, but you can always add other comfortable features later as well.

Demand

We tend to want things that others want too. It’s not because we’re “copying” others or that they are copying us, but rather, that a lot of humans think in the same ways. When the majority want or like something, we feel more comfortable openingly liking and wanting it too. We trust the majority vote.

So, what is the demand like for your prospective property? Is it something others are raving about? Are its features something most people would enjoy? If so, you can rest assured that it’s a great buy and something you might want to act on quickly before someone else beats you to it.

Special or Rare Surroundings

Not only will your want your future luxury home to be located in a safe area, but you’re going to want to live near exclusive or special surroundings. This might be a mountainside, a casino, a historical downtown, or a body of water. A home located close by to something like the latter makes it much more notable and exciting.

If you want truly unique and beautiful surroundings, consider taking a look at Lake Como villas for sale. Their surroundings alone will make you want to move in right away and be glad you did.

Final Thoughts

It can be a difficult task finding the right luxury property that fits your needs, wants, and budget all at the same time. There are just so many houses to pick from but so little time. The clock is ticking as you read.

However, the hunt for your next house becomes much easier once you know what to look for in the property of your dreams and decide what it is that you don’t want. Consider the latter defining elements as you pick out the property that’s right for you and your family.