The Most Popular Features in Multimillion-Dollar Properties
Ever wonder why some homes sell for millions of dollars? As different as each listing might be, many share a number of common features that are known to bolster home values.
If you’re on the hunt for your dream home, some of these features could be yours! Don’t worry about breaking the bank; prioritizing your wants and needs can help you determine which of these luxury features will fit your lifestyle and your budget.
Here are 5 features of multimillion-dollar homes you can get at affordable price tags.
Who needs a neighborhood pool when you could have your own?
Imagine spending those warm summer days cooling off by your own private pool.
It’s not uncommon to see multimillion-dollar homes outfitted with gorgeous entertaining spaces, all centered around a luxurious in-ground pool—but many homes in lower price ranges also feature great backyard pool areas, too.
Expansive Outdoor Entertaining Space
It’s often said that your home’s exterior is equally as important as its interior. That’s why we’ve been seeing more and more multimillion-dollar listings with extensive outdoor entertaining spaces.
Common features of outdoor entertaining areas such as these include built-in barbecue grills, full bars, and spa-like outdoor amenities. Multimillion-dollar condos and townhomes might come with a huge private balcony complete with breathtaking views of nearby scenery.
In more affordable homes, outdoor entertaining spaces may consist of patios, porches, and, as we mentioned before, private pools.
Luxurious Master Bathroom
At the end of a long day, nothing beats kicking back and relaxing in a spa-like master bathroom. It’s really no surprise that two of the top selling points for a home are the master bathroom and the kitchen.
Oversized glass-paneled showers are a must-have for multi million-dollar properties, as well as soaking tubs and stylish backsplash. Homes in lower price ranges may also feature stylish master bathrooms with upgrades like these.
Guest House or In-Law Suite
Commonly referred to as a “casita” or simply a guest house, this is a smaller dwelling separated from your main home.
Casitas are becoming more and more popular because of their versatility. Use them as a pool house, guest room, or even a source of low-maintenance rental income.
The creme de la creme of luxury listings is… the wine cellar. You know you’ve made it when your home comes with its very own wine room.
Bonus points if your wine room comes with temperature-controlled shelving.
While more affordable homes may not come with wine cellars, you can still find homes with extra space for an excellent home theater, study, mini-library, or game room.
Your Dream Home Doesn’t Have to Break the Bank
In fact, if you budget correctly, you can find the perfect home for you that has a number of special features. Correct prioritizing is key here. So, if you really can’t picture life without that in-ground pool, it may mean you won’t get an extra-special master bathroom or guest house.
Need some additional help working out the details in your home search? We’re here to help. Simply give us a call today to get started finding the home that’s right for you.
Janis Peterson, REALTOR®, GRI, ABR, SRES, CSP
Main Line Homes Luxury Real Estate Agent