In real estate, it is said that the basic appeal of a home can be summarized in three words as ‘Location, location and location’. Yes, the location has so great impact in the business of real estate has, and the then come the size, amenities and the kind of community. Lastly, we can add the market conditions. When you intend to have luxury houses, the location will matter most.
There are different types of locations.
a view from the window of the beach, lakes and rivers is amazing and these are
the things that attract people, so in case of a luxury house at a beach, it is
so important. Sometimes it gets as attractive having access to these aquatic
sites, but not always it means that you will see them from the room of your home.
Much like those seeking tranquility and privacy, note that in many cases both maintenance costs and taxes are often higher.
The downtown always has its charm as it offers shops, offices and parks to play and walk. They are especially attractive to young people seeking their first home, for mature executives or couples without children.
Also for ease of transportation, they are highly sought after by retirees. A disadvantage may be the high price because the cost of property is also very much higher. They are more expensive than similar homes in some other area.
If you want to have ‘country air’, a large patio, a small farm type, a lot of privacy and you do not have many restrictions in your community, you may be tempted by the rural areas. In case of selecting a rural zone, the luxury means the above-mentioned factors instead technologically advanced constructions.
Size and Extra Housing
It is a myth to think that because the house is larger, it is worth more. It may surprise you, but this is not always true and you should consult a professional appraiser. It is true that the square foot building impact the sale prices, but it is not the only factor, therefore, you can find a four-bedroom house with similar price or lower than a three-bedroom. The other factors involved are as follows;
Property condition is not about cosmetic fixes to make it look nice, but how it is structured, plumbing and electricity, what arrangements are need and what improvements have been made to the building.
If there are additional rooms or bathrooms, pool, facades have been changed or the kitchen has been renewed and how well these changes are.
Amenities and Type of Community
In recent years, the resort style communities have become fashionable for luxury houses as some have golf course, beach access, swimming pools and sports fields and have playgrounds.
So when you need to have a luxury house, consider all these points and check out Deyaar properties for sale in Dubai.