In July, Inman gazes at the glitter and glam of the luxury real estate market. Snapshots of the country’s top luxury markets, advice from leading agents, features on what affluent homeowners want now and a breakdown of the top sales of 2023 (so far) are all in the cards leading up to Inman Luxury Connect, Aug. 7-8 at the Aria in Las Vegas. Make plans to join us now.
When a potential buyer says the word “luxury,” do you have an automatic picture in your mind? Do you assume that the luxury property will have plenty of room to roam or is the zip code the most important consideration? There’s got to be a view, but what is it a view of?
As Luxury Month continues, we wondered: What setting best suits a luxury home? Does it need to be uber-private and set amid rolling hills and woodlands? Does it need the ocean as its front yard? Do you see it standing majestically framed by mountain vistas or commanding the skyline of a major city from on high? What do you picture when you think of the word “luxury?” Here are your responses:
- Water
- Large square footage with great attributes
- Luxury for me is defined by the location of the property in the area it resides. Every town/city has its luxury properties. When looking at the poorest neighborhoods, and the richest neighborhoods, the residents themselves will attribute a certain area of their town as “luxury” and as a Realtor, I will market it as such. “Luxury” is everywhere.
Now it’s your turn to weigh in. Let us know your thoughts on luxury in the comments below.
