When you think about a luxury home does it bring to mind the television show Lifestyles of the Rich and Famous from the mid 1980’s where host Robin Leach took us into homes of entertainers, athletes and business moguls? What do we mean by a luxury home? There is no definite answer. It would be a combination of size, price, architectural integrity and superior quality, amenities, interiors, floor plans and of course, by the location.
Luxury real estate is often defined as real property that has an appraised value of over $1 million but this varies greatly depending on the location. The classification also takes into account the presence of surrounding homes, amenities, views, waterfronts, customizations of the home, and historical or architectural significance.
LIVING IN LUXURY IN THE NEIGHBORHOODS AROUND ATLANTA
You don’t have to leave Georgia to find a luxury home. They can be found in many of the suburban areas of Atlanta including Cobb and Cherokee Counties. During the last year 84 homes sold in Cobb County for over a million with the highest sale being $3,000,000. There are currently 129 properties listed in the local MLS for over $1,000,000 in Cobb County with the highest price being $9,100,000. During the last year 7 homes sold in Cherokee County for over a million with the highest sale being $3,608,386. There are currently 35 properties listed in the local MLS for over $1,000,000 in Cherokee County with the highest price being $7,995,000.
Some of the features in the Cobb and Cherokee County luxury homes include: 14,207 square feet with 6 Bedrooms, 7.5 Baths; Gourmet Chef’s Kitchens with exotic granite countertops, Sub-zero refrigerators, Thermador appliances, stacked ovens and prep kitchens; banquet size 20+ seat dining room; multi-tiered decks and stone patios; 6 car garage; billiard rooms; arcade; wine cellar; full gym with sauna, steam shower & massage room; Indoor Pool; Sport Courts; Ballroom; private in-law suite; acres overlooking golf course tees; stables and pasture for horses; custom pool with a disappearing edge and water falls into a 2nd pool; Outdoor bar & fireplace overlooking a 28 acre lake; Lighted walking trails & covered bridge; professional recording studio and last but not least, helipad.
Today’s Buyer in the Luxury home market insist that the home include the following:
An Open Floor Plan. A home is not luxurious unless it has a grand entryway with a large two-story staircase and an expansive, airy open floor plan.
Technology. Today’s homeowners want it all when it comes to technology. They must be able to touch a button to lock your doors, control your homes climate, control lights and control your alarm system all done from the other side of the country! These are the built-in features that today’s luxury homebuyers are looking for.
Gourmet Chef’s Kitchen. The kitchen is the heart of the home. It must have the top of the line commercial grade appliances Tons of cabinet and counter space with warming draws, wine fridges, and plenty of storage via a walk-in pantry.
Outdoor Kitchens and Pools. A fully-stocked indoor kitchen is not enough for one who seeks luxury. Wealthy buyers now want a cozy outdoor kitchen and cooking area with the top amenities to include a built-in gas grill, a sink and stainless food prep area, a refrigerator and a lavish stone patio seating areas for entertaining. Large natural looking pools with water features such as waterfalls, hot tubs and changing cabanas also top this lavish wish list
Game and Theatre Rooms. It is a given that a million dollar home should have an in-home theatre and game room. Buyers are now additionally wanting the home to include amenities such as indoor basketball courts, indoor pools, and lavish sports bar set-ups that feature televisions and liquor storage.
Spa Bathroom. A sumptuous life requires a sumptuous bathroom. Luxury homeowners want spa-like bathrooms with massive walk-in showers with head-to-toe shower jets, floors with radiant heat, towel warmers and a fireplace.
Exercise Room. Home gyms obviously include plenty of space for weights and equipment, but would also include built-in wireless speakers, televisions, along with a sauna and indoor pool for post-workout relaxation.
Bedroom Fit for a King and Queen. Luxury bedrooms must be a large open space with room for a massive bed and plenty of seating areas. Top-notch technology and built-in automation systems for lighting, security, remote control window shades and climate control.
Your version of luxury and style may drastically vary from others. After all, we all have our own decorating tastes and lifestyle goals. Luxury is attainable in your home by including the most modern amenities, technologies and comforts. Are you thinking of buying a new home? Whether you are looking for a Luxury Home or your version of a Luxury Home, you can search the available properties at www.NeighborhoodsAroundAtlanta.com or Contact the Jeff Buffo Team for assistance in locating your new home.