Any home can be a Luxury Home to someone. A quote I coined (since who else would say this but me!) and have used often. Other agents and brokers have looked at me like I was "one showing short of a sale". But, I stand behind it.
To prove that point, an agent showed an REO property to a family, and couldn't wait to get back to the office to tell me he now understood what I meant. The family was just in awe over this property. It was almost new, so nice, so large, twice or 3 times the size of what they had now. Kitchen had twice the cabinets with a built in microwave, another full bath, and half bath that just made them drool. It had an acre instead of just a lot. This property was an 89K double wide manufactured home. He said to hear them talk; you would have thought they were looking at a million dollar home. They were currently in a small 12x44 mobile home. The agent said all he could think of the entire time was my comment that he remembered me saying months before. At the time, he thought I was just joking about. But he was now a believer!
I love working with the first time home buyer. With my years of life experience, plus my years of Real Estate experience, I am able to pass on valuable information that will save them money and hard life lessons learned.
I also love working with the buyer who is looking for new homes, or to be built homes. They are usually not privy to the energy saving features that can be used to save them money over the years. Tech Shield has been my #1 item to inform the buyers about. With the builders scrambling to become green builders, I am seeing it offered more, but still inquire about it, as many of the sales personnel don't mention it in the upgrade items. Wouldn't you spend $350 one time, to save at least 15% every month for the life of the home on your energy bills? This one item will pay for itself usually in one year.
Since most buyers are buying the best they can when they purchase, they are buying their luxury home.
Luxury Homes are defined differently depending on the area or even the town you live in. The dollar amount of your Luxury Home Market will be determined by the top 10% of your market area home prices.
For your Austin Area Real Estate Search- www.Luxury-Homes-in-Austin.com
Indeed, a trailer could be the lap of luxury. Especially in post Katrina New Orleans, or anywhere for that matter, Sherry. The most profound and beautiful homes to many in this day and age are the simplest and most affordable.
Sherry - Great Blog! You are so right. Luxury means different things to different people. It's also great that you stand behind what you believe in.
Sherry, it's all in the eyes of the beholder....just like beauty. It's what one perceives....did i spell that right?
Great blog and great saying, Sherry. We take a lot for granted sometimes and don't realize everyone is not in the same place.
David, Tanya, Nancy, Ricki- May we all be part of someone's luxury home purchase, no matter the price.
Howdy Sherry
What a very fine post. It's very true the price of a home is not what makes it a luxury home for folk's. It's what they see in the home, as will as what they can do with the home.
Dale-So true! I wish I ran into more folks who could see the possiblities a home has, instead of what it is.