Say luxury home and images of dollar signs immediately spring to mind. But, surprise, surprise! Luxury homes don’t always have to be about the price tag. It can be about boosting the elements that make a home exclusive, one-of-a-kind, and eminently desirable.
While the location and size of your property can’t be moved, there’s a lot you can do to amplify its features and amenities so that you can bask in the luxuriousness of it all.
Here are more reasons to invest in a luxury house:
Customization
Green is your favorite color? Then go ahead, make everything green! Do you love waking up to the sight and scent of flowers? Go plant blooms in your garden. Are you a pet lover? Create a special place for your furry friend. Are you a morning person? Refurbish to include a cozy breakfast nook.
Luxury homes allow you to unleash your creativity and personalize as much as you want.
Abundant amenities
Invest in a luxury home with every want on your wishlist. You can have an infinity pool, outdoor living space, work pod, entertainment areas, a chef’s kitchen – anything your heart desires. Look into houses that also provide excellent technology and automation: top-of-the-line security systems, AI-powered smart home devices, voice-controlled appliances, and so on. They make the home pleasurable, convenient, and secure.
Grand features
Think high ceilings, extra spacious rooms, impressive balconies, and stunning designs. If the home is grand enough, it can become a legacy property for generations to come.
A luxury house in a desirable neighborhood can become your forever home, eliminating the need to move again and again. The generous space – and your hospitality – can make your luxury home the go-to address for celebrating holidays, milestones, and for casual gatherings with friends.
Safety and security
A topnotch security system ensures total safety and security for you, the family and your prized possessions. Trained security personnel and a smart security system with alerts to local authorities are also available.
Mental and physical wellness
Luxury homes in close-knit neighborhoods help boost physical and mental health through cultural meet-ups, community projects, and local sporting events. Your involvement in a community that values the same things you do fosters positive feelings conducive to wellness.
Easy access and prestige
A luxury house in a premier location allows easy access to perks and facilities that matter to you – a gated community, good schools, entertainment and recreation, and so on. Your ownership prestige: a reward for hard work and sustained success.
Rising demand
Luxury real estate remains a best performing asset whose value constantly rises, even during the pandemic. As Tesla Motors and SpaceX founder Elon Musk tweeted in March 2022: “As a general principle, for those looking for advice (on how to deal with inflation), it is generally better to own physical things like a home or stock in companies you think make good products, than dollars when inflation is high”.
Versatility
You can do many things with luxury homes. You can resell, flip them, or lease them out until such time that you want to move back in or move on. If the luxury home is in a prime residential area or vacation spot, you can earn passive income by renting it out during peak season. You can donate your property to a qualified organization and claim a tax deduction of up to 50% of your gross income. You may also build a totally new home equipped with the latest house trends and the most excellent amenities to gain the biggest profits.
Want to invest in luxury homes? Call us at 978.590.8918, email seydyss(at)kw(dotted)com, or drop us a line here for thoughtfully curated luxury homes in the Boston area, Northshore, and Merrimack Valley in Massachusetts. We’re only too glad to help.