It is imperative to understand the characteristics that describe luxury homes for sale in Phoenix, Arizona before you purchase. A high ”property price” alone won’t place a property within the “luxury” category. Luxury homes have to be distinctive, as wealthy buyers, are only willing to invest a premium for something that is truly exceptional.
Additionally, luxury home buyers desire luxury property with access to luxury activities such as luxury shopping and dining, the arts, as well as proximity to other luxury houses & neighborhoods. A traditionally viewed luxury location such as Pinnacle Peak, Grey Hawk, Fountain Hills, or Paradise Valley, will also add intrinsic value due to the location alone.
Many luxury home buyers looking in Phoenix, Az also seek out the majestic beauty of the dessert landscape, while others desire lush green lawns or the mountainside views that Phoenix is known for. They want many of the same features that all home buyers desire, but on a grander and finer scale … for which, they are willing to invest a premium.
Most also need privacy and secured homes, sometimes even to the point of seclusion. They seek out beauty & luxury both inside and out, and are willing to invest in customized architecture, customized interior design, masterful attention to the details, and opulent finishes.