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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8245 E Bell Road Scottsdale, AZ 85260

$499,900
2 Beds
2 Baths
1,487 SqFt
Status Active
MLS # 6674350
Property Type Apartment
Price Type --
This super tidy Condo has been gently used by owner occupants since 2011. Soaring ceilings on this upstairs unit add to its grand open floor-plan. The huge North facing patio is a natural extension of the living space. The attached garage offers additional storage cabinetry. Stunning views of Pinnacle Peak. Montana Del Sol is in close proximity to the 101, Scottsdale Airpark and all that Kierland has to offer... world class dining, shopping and entertainment. A golfers dream, located 100 yards from the main entrance to the WM Phoenix Open at the Scottsdale TPC and the new Draftkings Restaurant and Sportsbook.

21838 N Scott Court Maricopa, AZ 85138

$499,900
4 Beds
2 Baths
2,312 SqFt
Status Active
MLS # 6673046
Property Type Single Family Residence
Price Type --
Golf course lot! iIncredible 3-bed + Den home sitting on a golf course lot of a quiet cul-de-sac in the desired Rancho El Dorado Community! RV gate, 2-car garage, and manicured landscaping welcome you. Enter to see a formal living & dining room, designer paint, a double-door entrance den, and high vaulted ceilings. You will love the family room boasting wood floors, built-in niches, a gas fireplace, and backyard access! The eat-in kitchen features an island w/breakfast bar, a walk-in pantry, oak cabinets, a chic backsplash, granite counters, and SS appliances. The oversize main bedroom has access to the backyard and an ensuite w/dual sinks & walk-in closet. Oasis-style backyard highlights a blue pool w/water feature, a covered patio, a storage shed, and multiple seating areas. Close to schools and shopping.

18805 E Loma Vista -- Rio Verde, AZ 85263

$499,900
3 Beds
2 Baths
1,783 SqFt
Status Active
MLS # 6678645
Property Type Single Family Residence
Price Type --
FURNISHED Move-in ready! This exquisite 3 bed, 2-bath residence features a 2-car garage with a paver driveway, a stunning desert landscape, & a welcoming front patio. The family room boasts high ceilings, exposed beams, a neutral color scheme, durable tile flooring, and a cozy fireplace. New kitchen with skylights for natural light, quartz counters, wood shaker cabinets, recessed lighting, SS appliances, & a peninsula with a breakfast bar. You'll also find a versatile third bedroom/den perfect for an office. The main bedroom offers soft carpeting, direct backyard access, a private bathroom with raised vanity, dual sinks, updated shower & a walk-in closet. The backyard is an enchanting oasis, complete with a covered patio, an outdoor fireplace, & fragrant citrus trees. This one won't last

8783 W Lockland Court Peoria, AZ 85382

$499,900
3 Beds
2 Baths
1,669 SqFt
Status Active
MLS # 6689690
Property Type Single Family Residence
Price Type --
STUNNING! Beautifully remodeled showplace in great Peoria location. NO HOA. Premium view lot on greenbelt/playground area. Over $75,000 in recent updates. Wonderful split floorplan has formal entry. Living/Dining room. Remodeled kitchen has all new shaker cabinets, granite counters, island and new LG stainless appliances inc gas cooktop. Rear family room w/ ent. niche. All new faux wood flooring thru-out. Remodeled bathrooms w/ all new vanities, mirrors & toilets. Large Master bedroom has walk-in closet & separate shower & tub. Park like backyard has large covered patio, custom pavers, mature trees/shrubs, lush grass & gazebo. Best of locations. Near 101Frwy, Arrowhead Mall & Westgate.

55460 N Vulture Mine Road Wickenburg, AZ 85390

$499,900
2 Beds
2 Baths
1,627 SqFt
Status Active
MLS # 6678239
Property Type Single Family Residence
Price Type --
Welcome to your dream oasis in Wickenburg, Arizona. nestled on 1.135 acres of picturesque desert landscape, with plenty of room for a horse set up to be built, or a generous sized rv garage/shop, the possibilities are endless. With its open-concept floor plan, this two bedroom/two bathroom 1,627 sq ft home is perfect for social and family gathering, along with the spacious fenced-in back yard and covered patio it is perfect for outdoor entertainment. The home also has seller-owned solar for huge saving cost! The location of this property is out of town limits yet close to town: 5 minutes from Safeway, 10 minutes to all the roping arenas in town. The Seller is also offering a $10,000 credit towards kitchen renovations.

2602 N 70th Street Scottsdale, AZ 85257

$499,900
3 Beds
1 Bath
969 SqFt
Status Active
MLS # 6691263
Property Type Single Family Residence
Price Type --
Highly sought after corner lot in Cran Brook Manor. Really large lot for unlimited possibilities! This is a great opportunity for someone to create their new home or an investment opportunity! New windows are Energy Star in Southwest bedroom and Arcadia door. Remaining windows are dual paned also.

11207 S Iroquois Drive Phoenix, AZ 85044

$499,900
3 Beds
2 Baths
2,143 SqFt
Status Active
MLS # 6679134
Property Type Single Family Residence
Price Type --
Fully remodeled designer home. Upgraded from top to bottom. New cabinets throughout the house, new bathrooms, new plumbing fixtures, electrical fixtures, new double-pane window, stucco, flooring, baseboards and doors, fresh paint inside and out, new landscaping and a lot more to discover.

2229 N 21st Place Phoenix, AZ 85006

$499,900
4 Beds
3 Baths
1,746 SqFt
Status Active
MLS # 6685807
Property Type Single Family Residence
Price Type --
Are you looking for a place to call home? Discover this charming residence in the Green Gables historic district with a welcoming front porch and well-kept front yard. Inside, you'll find a living room with high ceilings, a soothing palette, attractive wood-look flooring, and an inviting fireplace for cozy moments. The eat-in kitchen boasts wood shaker cabinets with crown moulding, sleek stainless steel appliances, a pantry, and an island with a breakfast bar for casual dining. The main bedroom features soft carpeting and a private bathroom for added comfort. Upstairs, a guest room offers a separate entrance, living area, kitchenette, and a private bath, ideal for visitors, as a rental opportunity, or home office. With a covered carport and a bonus storage cellar, this home has it all... The backyard includes a covered patio and a spacious area ready for your personal touch. Only a few miles from Phoenix Sky Harbor International Airport, Downtown Phoenix, Biltmore and close to major freeways like SR-51, I-10 and Loop 202. Walking distance from the Miracle Mile featuring restaurants, coffee shops, and more. You won't want to miss this home!

16525 E Avenue Of The Fountains -- Fountain Hills, AZ 85268

$499,900
3 Beds
2 Baths
1,736 SqFt
Status Active
MLS # 6685641
Property Type Apartment
Price Type --
NEW LOW PRICE!! Excellent value for this furnished condo!!Perfect location if you like downtown living!! Walk to and enjoy lots of shops, restaurants, art shows and of course the World Famous Fountain...This lightly lived in & recently remodeled upstairs condo is just right for part time living or full time residents! Being sold furnished/Spacious 1736 sf with large great room, beautifully remodeled kitchen/dining room, 3 bedrooms & 2 baths! Enjoy the mountain views from your covered balcony. You'll love the master suite with all new walk in shower & double vanity. Nice laundry room with extra storage...and a 1 car garage with built in storage cabinets & epoxy floors! Heated Community pool & spa / Exercise room/ Priced to sell...don't hesitate!!

2080 E Greenway Drive Tempe, AZ 85282

$499,900
4 Beds
2 Baths
1,816 SqFt
Status Active
MLS # 6622214
Property Type Single Family Residence
Price Type --
Good Friday Price Reduction! Quirky 4 bed, 2 bath gem in Tempe! New roof in 2019, A/C upgraded in 2021. Spanish-style front door (with a window, of course) welcomes you to a cozy living room with rustic wood floors. Kitchen boasts tons of cabinets, a breakfast bar, and French doors leading to a spacious family room—perfect for shindigs. Main bedroom flaunts a walk-in closet and a snazzy updated ensuite bath. Inside laundry room with extra storage. Private backyard beckons your creativity with an extended covered patio. Show off your style—tour today!

6182 E Colby Street Prescott Valley, AZ 86314

$499,900
3 Beds
2 Baths
1,668 SqFt
Status Active
MLS # 6624757
Property Type Single Family Residence
Price Type --
A former model home, graces an elevated premium homesite in the coveted Granville community. This home boasts outstanding curb appeal with meticulously landscaped front and rear yards and an oversized 2.5-car garage. As you approach, a paver driveway leads you to the inviting front covered porch. Upon entry, you step into an open great room concept, impeccably maintained and framed by a park-like backyard and distant vistas. Custom lighting accents the space, and a stunning corner gas fireplace takes center stage, its custom mantle and glass tile hearth stretching from floor to ceiling. The kitchen is a chef's dream, featuring a peninsula with seating for six, gleaming granite countertops, a sleek black appliance package including a 4-burner gas range, under-cabinet lighting and pantry. Throughout the home, the wet traffic areas are adorned with wide-plank, wood-grain tile flooring. The master suite, generously sized, offers a large walk-in closet and upgraded Berber carpeting. The master bedroom also features surround sound flush-mounted speakers and ample natural light from the backyard. The master bath is a retreat with an oversized walk-in shower boasting dual showerheads and a genuine-stone surround, a private water closet, raised double vanity, and linen closet. Two guest bedrooms, each spacious and equipped with ceiling fans, are perfect for family or guests. The house features 10-foot ceilings and raised panel eight-foot doors throughout. The guest bathroom offers a raised-height single vanity and beautiful shower. The laundry room, conveniently located off the kitchen, includes a folding desk plus upper and lower storage cabinetry. The oversized garage boasts a 20-amp workshop component and a 50-amp RV plug on the side. The home is wired for surround sound in nearly every room. The professionally landscaped backyard is a sanctuary, featuring artificial turf, covered patio, stunning long-distance mountain views including Granite Mountain and the Mingus Mountain range. A beautiful pergola offers shade, and a paver pathway leads to a gas fire pit. Fruit trees, including apple and peach, adorn the yard, all served by drip irrigation. Evergreen and deciduous trees provide privacy, and 2 raised vegetable garden beds are also on a drip system. A storage shed keeps yard implements organized.

611 W Santa Cruz Drive Tempe, AZ 85282

$499,900 - 3Br/2Ba -  for Sale in Southern Palms Unit 3, Tempe
Open House
$499,900
3 Beds
2 Baths
1,188 SqFt
Status Active
MLS # 6678838
Property Type Single Family Residence
Price Type --
Indulge in the ultimate urban oasis in Tempe, AZ! This beautiful home is just miles from Arizona State University, major freeways and shopping malls. Dive into the sparkling pool, a sanctuary to enjoy Arizona summers and host unforgettable family gatherings and memories; complemented by an energy-efficient pool pump. This home boasts recent upgrades including kitchen, a new roof with warranty until 2025, and new interior paint. Don't wait—and make this slice of urban oasis yours today!

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