3 Ways That Buying or Selling a Luxury Home Is Different

3_Ways_That_Buying_or_Selling_a_Luxury_Home_Is_Different_From_a_Regular_One

3 Ways That Buying or Selling a Luxury Home Is Different From a Regular OneSelling a standard home is fraught with enough concerns about marking it at the right price and staging it properly, but it’s an entirely different ball game when it comes to luxury property. If you’re planning on selling your high-end property and are trying to determine what sets it apart from the average home sale, here are some things to consider before putting it on the market.

The Price Must Be Reasonable

It’s important for the asking price on any home to show an awareness of market conditions, but when it comes to luxury, it becomes even more important. Most luxury homes are going to sit on the market for a longer period of time than a less expensive home because there are fewer potential buyers. In order to facilitate a successful sale, it’s necessary for the asking price to be competitive and in line with the amenities provided so that buyers won’t flock to other opportunities.

Use The Right Marketing Tools

With so many available methods to sell a home nowadays, it’s never been easier to get the word out that you’re selling your home. However, if the asking price is higher it’s imperative that the property is displayed in the right light. When it comes to a luxury property it’s worth having an agent who knows the market and the neighborhood well. They will be able to display your home at its most ideal by creating a website with enticing photography and details to showcase all of your home’s best attributes.

What Are The Market Conditions?

It’s difficult to time the market, but when it comes to the impact economic times can have on a luxury home sale, it’s even more important to be aware of prices. Not only will you want to be aware of the amenities your home has and how much more desirable they’ll be at certain times of the year, you’ll also want to be sure that the market is on an upswing. A market that is on the rise can make a significant difference on the offers you’ll get.

There are many factors involved in putting your home on the market, but when it comes to luxury real estate it’s important to time the market and ensure your asking price is spot on. If you’re currently preparing to put your luxury home on the market, give me a call to get you started – J.P. Cook – 602-320-4253.

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3660 E Montecito Avenue Phoenix, AZ 85018

$449,000
2 Beds
2 Baths
1,289 SqFt
Status Active
MLS # 6614597
Property Type Townhouse
Price Type --
GORGEOUS REMODEL! Nestled in the popular Arcadia Villa Rey! This lovely home features BRAND NEW LVP flooring throughout, NEW top to bottom paint and a completely remodeled kitchen boasting wood cabinets, waterfall quartz counters , BRAND NEW stainless steel appliances and an open breakfast bar! Continue to the main suite, showcasing a beautiful remodeled en-suite, walk-in closet, & a separate outdoor access. ! Located in the very desirable Arcadia area. This gem will not last long!

2302 N Central Avenue Phoenix, AZ 85004

$449,000
2 Beds
2 Baths
1,277 SqFt
Status Active
MLS # 6599361
Property Type Apartment
Price Type --
WOW! Simply-stunning complete REMODEL of gorgeous condo in historic Willo District with amazing views of downtown and the Valley! Spacious split-floorpan 2 bedrooms/2 baths + Den/Office. Bright, open all-new kitchen with beautiful cabinets, quartz countertops, and stainless-steel appliances including gas cooktop. Contemporary styling throughout with popular flooring and fixtures. Dramatic bathroom remodels for both bathrooms. Private patio with panoramic views of the Valley! High-end complex with 2 parking spots in underground garage, gated entrances, heated lap pool, fitness room, and more! Light rail station literally out the front door. Lots of restaurants, shops, and extremely close to the Heard & Phoenix Art Museums.This remodeled gem will give you the lifestyle you want!

5900 E Hickory Court Hereford, AZ 85615

$449,000
3 Beds
2 Baths
2,389 SqFt
Status Active
MLS # 6621675
Property Type Single Family Residence
Price Type --
Stunning views will take your breath away. Located in the gated community of Three Canyons. This beautiful home sits on a 1-acre lot, with almost 2400sqft of spacious living. There are 3 generous sized bedrooms plus a separate office with double doors off the foyer entrance. 2 baths; master offers a garden tub & walk-in shower. Great room with adorable built-in shelves, family room, & large kitchen w/stainless steel appliances. Oversized laundry w/cabinetry, countertop & closet. 3-car garage w/built-in shelving, workbench & water softener. Step out back through French doors to a large covered porch & extended patio. Fully fenced block wall w/RV & pedestrian gates. Incredible views of the majestic Huachuca Mountains. High Speed Internet is included in the annual HOA assessment.

12926 W Beechwood Drive Sun City West, AZ 85375

$449,000
3 Beds
2 Baths
2,454 SqFt
Status Active
MLS # 6635070
Property Type Single Family Residence
Price Type --
Don't miss this desirable Castillo model now on the market. This 3-bedroom, 2 bath split bedroom floor plan has a great deal to offer. Laundry has been moved in from garage adding square footage and an office/craft area. No popcorn ceilings and no carpet in this house! There's plenty of outdoor living space with the front courtyard and the back covered patio. Back yard provides exercise & relaxation in one with its ''Endless Pool'' & Hot Tub combination! Located in the heart of Sun City West, this home is close to shopping, restaurants, golf and Rec Centers! Own this great home and begin enjoying all the amenities of Sun City West!

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