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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1205 W Indian School Road Phoenix, AZ 85013

$555,000
3 Beds
1 Bath
1,143 SqFt
Status Active
MLS # 6770320
Property Type Single Family Residence
Price Type --
Welcome to Melrose! Completely remodeled by owner, this centrally located gem in Melrose district is walking distance to some of the top restaurants in Phoenix. Everything in this home has been meticulously thought out and upgraded by current owner. Beautiful tile through the entire home, large kitchen island and upgraded appliances including tankless water heater. Gated parking for multiple vehicles and rear rv gate for alley entry. Plenty of room in back yard for detached garage or ADU to be built. Bathroom has been completely re-done and boasts beautiful tile shower/tub and contemporary look. Covered back patio for entertaining and self watering landscaping. Owner will provide detailed list of upgrades. Great starter home or potential airbnb!

2308 E Loyola Drive Tempe, AZ 85282

$555,000
3 Beds
2 Baths
1,631 SqFt
Status Active
MLS # 6781434
Property Type Single Family Residence
Price Type --
Welcome to this beautifully updated 3-bedroom, 2-bathroom split floor plan home featuring a versatile office/den, wood and tile flooring, and a 2-car garage. Entertain effortlessly with a dedicated coffee/bar area complete with a mini fridge, wine rack, and wine fridge. The kitchen boasts a gas stove and recent updates include a new AC unit, newer water heater, and recently replaced main sewer/water line. Outdoors you can relax on the patio with a mount waiting for your TV and a charming planter area. Enjoy a private pool with a safety fence, and a shed for extra storage. Close proximity to ASU, shopping, and restaurants with quick access to the 101, it makes getting around so easy. Come take a look, this home has it all!

1 E Lexington Avenue Unit 410 Phoenix, AZ 85012

$555,000
2 Beds
2 Baths
1,169 SqFt
Status Active
MLS # 6783887
Property Type Apartment
Price Type --
Low Down Payment Seller Financing! Premier mid-town urban living! This corner unit enjoys spectacular panoramic views of the mountains and city center. Spacious floorplan boasts a well equipped kitchen with stainless steel appliances, sleek soft close cabinetry, Quartz counters, stylish back splash & convenient pantry. Espresso plank wood floors with neutral tile in kitchen & baths, and plush carpet in the bedrooms. Beautifully appointed primary suite w/shower, soaking tub, dual sinks and a large walk-in closet. Split bedrooms for convenience. Washer/Dryer in the unit. Shades for privacy throughout. 2 covered parking spaces plus storage. Desirable community with gym & pool, several common spaces and rec room. Ideal location near light rail, Downtown, Midtown and Uptown businesses, activities, restaurants, cultural events, public transportation just outside your door. Available with Seller carry financing ONLY. 10% down 6.5% rate on 30 year amortization with 5 year balloon payment Credit qualified within verifiable adequate income and 650+ credit score

1859 N Morris -- Mesa, AZ 85201

$555,000
4 Beds
2 Baths
2,627 SqFt
Status Active
MLS # 6783437
Property Type Single Family Residence
Price Type --
Welcome to your new home! This exceptional home has two large, professionally built additions and recent, high-quality updates throughout. The upgraded kitchen includes top-of-the-line appliances, like a steam/convection oven, white shaker cabinets, and granite countertops. The backyard is an entertainer's dream, featuring artificial turf surrounding a propane-heated pool, an outdoor shower, 4-6 person hot tub, and ample seating areas. The primary suite offers a spacious walk-in shower with a dedicated drying area, double granite-topped sinks, a separate toilet, and a bidet. Both bathrooms include additional bidet upgrades. Elegant imported Italian tile throughout the home complements its modern style. Situated on a large, 1/4-acre+ cul-de-sac corner lot, this property features an RV gate, 30-amp breaker for RVs or equipment, gravel covering on the north side, and an outdoor two-hole putting green. Perfect for relaxing, entertaining, or accommodating an RV lifestyle!

3650 E Quenton Drive Unit 6 Mesa, AZ 85215

$555,000
3 Beds
2 Baths
1,900 SqFt
Status Active
MLS # 6784952
Property Type Single Family Residence
Price Type --
Amazing Views !!!! Located in Val Vista estates, community pool, large common area, rv/boat parking, 3 bed 2 ½ bath, third can also serve as office. be can also Large back porch, new roof & hot water heater in 21, new A/C in 2000, new fridge & dishwasher in 23.

5849 W Monte Cristo Avenue Glendale, AZ 85306

$555,000
3 Beds
2 Baths
1,839 SqFt
Status Active
MLS # 6784316
Property Type Single Family Residence
Price Type --
Nestled in the highly desirable Sunburst Farms of Glendale, this expansive **.37-acre property** offers the perfect blend of rural charm and modern convenience. Ideal for horse enthusiasts, the property features a **horse trail directly behind** and plenty of space for equestrian needs. The **3-bedroom, 2-bath home** has been beautifully remodeled with thoughtful upgrades throughout. Step inside to discover a bright, open floor plan featuring **bamboo flooring**, **new butcher block countertops**, and freshly painted interiors. The **master bedroom** boasts luxurious Venetian plaster walls, while both bathrooms have been completely updated with new tile and vanities. A spacious living room, dining area, and cozy family room provide ample space for entertaining, complemented by a **large laundry room** with a convenient side exit to the yard. Outside, you'll find a true **backyard oasis**, complete with a **newly plastered sparkling pool**, a covered patio, and lush privacy provided by **mature mulberry and tangelo trees**. Two sheds, a **gated work area**, and **dual RV gates** offer plenty of storage and room for all your toys. The carport is thoughtfully tucked behind an RV gate, maximizing the backyard's usability. Don't miss this rare opportunity to own a piece of Sunburst Farmsa property that seamlessly combines country living with modern amenities!

2511 W Queen Creek Road Unit 164 Chandler, AZ 85248

$555,000
2 Beds
2 Baths
1,466 SqFt
Status Active Under Contract
MLS # 6648361
Property Type Apartment
Price Type --
Located in the sought-after Downtown Ocotillo area. Built in 2023.This property boasts a comprehensive range of high-end amenities and upgrades designed to offer an exceptional living experience. A significant 950 square foot patio accessible from both the living room and master bedroom, offering extensive outdoor private space, which is a rare find in urban living environments. Gourmet Kitchen: Equipped with upgraded KitchenAid stainless steel appliances, white maple cabinetry, and two pantries—one with pullout shelving and another with custom shelves. The presence of quartz countertops and a spacious island enhances both its functionality and aesthetic appeal. An additional room that can serve as a den or office, featuring a Jack and Jill bathroom, providing a practical and flexible living space that can be tailored to various needs. Large laundry room complete with cabinets, shelving, and a soft water system, indicating a thoughtful consideration towards practicality and convenience in home design. High pH reverse osmosis (RO) water system is a notable feature, emphasizing the property's commitment to health and wellness. Wood-look style porcelain tiles offer a durable yet aesthetically pleasing flooring option, while upgraded light fixtures and a coat closet add to the property's luxurious feel. The inclusion of smart home security and the ButterflyMX system highlights the modern and secure living environment, catering to the increasing demand for integrated technology in residential spaces. A private gated garage and locked bike room storage suggest a high level of convenience and security for residents, addressing common urban living concerns. Proximity to restaurants, entertainment options, farmers markets, and more, underscores the appeal of urban living, with essential amenities and leisure activities within walking distance. This property appears to offer a blend of luxury, convenience, and modern amenities, making it an attractive option for those seeking a high-quality living experience in Downtown Ocotillo. With over $70,000 in upgrades, it reflects a significant investment in creating a space that is both comfortable and stylish, catering to the needs and preferences of discerning residents. Near INTEL, Price Technology Corridor, Restaurants, Shopping, Entertainment and Freeways.

10133 E Chestnut Drive Sun Lakes, AZ 85248

$555,000
2 Beds
2.5 Baths
1,886 SqFt
Status Active
MLS # 6786631
Property Type Single Family Residence
Price Type --
Beautiful LAKE VIEW home located in a highly sought-after Adult community of Cottonwood at Sun Lakes. The community offers a unique blend of luxurious tranquility and classic charm that is loaded with numerous amenities including Golf Courses, Tennis, Pickle Ball, Racquetball, Swimming Pools, a Library, Fitness Center, Fishing Lake, and Restaurants along with tons of activities, events, and clubs such as concerts, walking, dancing, cooking classes, etc. The home features 2 BEDROOMS, 2.5 BATHS, and a LARGE DEN. There is a BEDROOM and a FULL BATH ROOM DOWNSTAIRS. 2 ENCLOSED PATIOS (One of the patios has its own AC unit). Marble kitchen countertop. Home is well maintained with newer exterior paint, HVAC, and Water Heater. Don't wait to make this gem yours!

729 N Abalone Court Gilbert, AZ 85233

$555,000 - 3Br/4Ba -  for Sale in Mcqueen Landing, Gilbert
New
$555,000
3 Beds
3.5 Baths
2,242 SqFt
Status Active
MLS # 6787476
Property Type Single Family Residence
Price Type --
This home offers an unbeatable North Gilbert location, just a short bike ride to vibrant Downtown via the extensive trail system. Enjoy proximity to McQueen Park Activity Center, offering endless entertainment options, as well as nearby top-rated schools, exceptional dining, shopping, and more. Nestled in a sought-after community with a sparkling pool and additional amenities, this property sits on a premium lot with no side neighbors and borders a sprawling sports field. The thoughtfully designed open-concept layout seamlessly connects the living, dining, and kitchen spaces, creating a warm and welcoming environment perfect for both entertaining and everyday life. The kitchen is a chef's delight with abundant storage. With three generously sized bedrooms, a versatile loft, and 3.5 bath this home offers ample space for everyone to relax and recharge. Built by Lennar the home also offers many energy efficient features and so many upgrades.

628 W El Pajarito Drive Wickenburg, AZ 85390

$555,000
3 Beds
3 Baths
1,824 SqFt
Status Active
MLS # 6633676
Property Type Single Family Residence
Price Type --
New Build right in the heart of Wickenburg. Only 3 Existing masonry walls remain from existing home, and everything else is brand new. All new electric, plumbing, and sewer throughout. pebble-tech Pool and all new pool equipment. Includes new Built-in BBQ area in back yard. New Roof and New HVAC unit - 4 ton package heat pump, 15 seer dual stage by Trane w/ Ecobee Thermostat controls. Home is spray foam insulated in all walls and ceilings, including the garage. Smart TV's and apple TV modules in every room. 2-channel amplifier, 8'' sub-woofer, and in ceiling speakers in Master Bedroom and Living room. House includes 16-zone security and surveillance system with push button key-pad. Ring exterior video doorbell, exterior video camera on back of house included

20998 W Edith Way Buckeye, AZ 85396

$555,000
4 Beds
2.5 Baths
2,465 SqFt
Status Active
MLS # 6687452
Property Type Single Family Residence
Price Type --
Welcome to your new retreat in the heart of Buckeye! This modern haven boasts 4 bedrooms, 2.5 bathrooms, and a cozy, family-oriented living room seamlessly connected to a versatile den/playroom. The gourmet kitchen features top-of-the-line appliances and an inviting color scheme, perfect for culinary adventures and gatherings with loved ones. Nestled in a lush, family-friendly neighborhood, this vibrant home offers the perfect blend of comfort and style. With 2-year-old HVAC units and a newly upgraded garage opener, convenience and peace of mind are ensured. Step into the enchanting backyard oasis, complete with ample patio space for hosting get-togethers and creating cherished memories under the open skies. Thoughtfully designed for modern living, this home boasts bedrooms on the second floor for privacy and tranquility, while the main floor serves as a hub for entertainment and socializing. Located in a thriving community known for its quaint charm and family-oriented atmosphere, this Verrado gem invites you to experience the ultimate in comfort, style, and relaxation. Don't miss your chance to make this exceptional residence your own and embark on a journey of inspired living in one of Arizona's most coveted neighborhoods.

42614 W Bravo Drive Maricopa, AZ 85138

$555,000
5 Beds
3 Baths
3,956 SqFt
Status Active
MLS # 6698521
Property Type Single Family Residence
Price Type --
Golf course lot with a pool at $140 per sq ft best value all of Rancho El Dorado.! Nestled on an enviable lot, this home sits just behind the tee box on Hole 3, offering a breathtaking view without the worry of stray balls, broken windows or noise inside the home . Each bedroom exudes generous proportions, w/ the master suite stretching an impressive 31 feet w/ a private balcony that streches the lenght of the bedroom- explore the floor plans on our Matterport link or in the documents tab for a closer look. Step into the backyard oasis, reminiscent of a resort, complete with a charming 25x20 ft gazebo, heated sparkling pool, & in-ground jacuzzi - the perfect setting for outdoor enjoyment and relaxation. Car enthusiasts .. ... will appreciatethe expansive 3 car garage with ceiling storage racks. Entertainment abounds with two family/living rooms and a sprawling loft, providing ample space for gatherings or relaxation. Storage is abundant throughout, ensuring clutter is never a concern. Rancho El Dorado is unbeatable with convenient access to multiple grocery stores and at the north end of town with immediate access to 347 going into the rest of the valley. Pool and cool deck were refinished with micropebble in 2023. Exterior of home was repainted in 2023. Rancho el dorado has two elementary schools, many parks and a beautiful lake. Discover the lifestyle you've been dreaming of in this remarkable home, where luxury meets comfort at every turn.

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