When you’re looking for a new luxury home, every feature counts. From granite countertops and gourmet ranges to infinity pools and Smart Home technologies, luxury buyers want their homes to have the perfect balance of beauty and function.
At Camelot Homes, we understand that discriminating buyers want the best. That’s why our luxury homes come with top-of-the-line appliances, fixtures and features. New builds can be customized with additional items such as wine rooms or glass walls, and we facilitate renovation services to tailor existing homes to your taste.
It’s What’s Inside That Counts
Once you’ve selected a community, it’s time to look at home features and floorplans. Should buyers splurge on a larger home, or one with more amenities? A survey conducted by Better Homes & Gardens Real Estate found that 90% of luxury homeowners believe their house is the nicest one on the block – regardless of its size. Higher value was placed on the look and function of a home’s interior. While it’s important that your new home has enough space to accommodate your family, amenities such as steam showers, high-end appliances and outdoor living spaces can make a house feel luxurious no matter the square footage.
Resale Values
One of the questions that luxury homeowners often ask when looking at upgrades is, “will this improve resale value?” If it’s likely that you will sell within the next 5-7 years, consider which items offer the most bang for your buck. According to Remodeling magazine’s 2017 Cost vs. Value Report, stone veneers, upgraded entry doors and better attic insulation were among the changes that held their value the most. In Arizona, these upgrades also recouped a good percentage of their cost at resale:
- Garage door
- Window replacement
- Entry door
- Roofing
- Minor kitchen remodel
Of course, a new roof or garage door alone isn’t going to sell a home. Visible changes like bathroom upgrades and improved landscaping are the real game-changers, says HGTV. The popular home design channel reports a 100% return, or more, on these aesthetically appealing alterations.
Making the Choice
So, which upgrades should you spend on, and which should you skip? As a luxury homeowner, the answer should depend on what you value most. For example, if quality time at home is a priority and family barbecues are a monthly tradition, adding an outdoor kitchen could be worth the splurge. If your wardrobe cost more than your last car, you might opt to have your walk-in designed by the pros at Closet Masters. If you’re upgrading a home for resale potential, look at making changes that could boost sales. No matter what your priorities, Camelot will work with you to ensure that every fixture, appliance and custom feature you select aligns with your family’s needs and desires.
