What Is Luxury Real Estate?

All across the United States, luxury real estate construction usually has several common factors. A few of those common factors include: price, amenities, and material quality. When it comes to price, it is not uncommon to hear people ask "Where does the price for a Tulsa, Oklahoma luxury home begin?" Generally speaking, luxury homes in the Tulsa, Oklahoma and surrounding area begin at $500,000. Many real estate experts across the country will tell you that the price for the luxury real estate market in any area is based on the top 10 percent of home sales in the last year.

Another factor in luxury homes is the amenities. One thing that all luxury homes in Tulsa have are amenities. Amenities are different for everyone but all luxury homes have them. For some, it might be the location- near a waterfront. For others it could be a unique in-ground pool, high end appliances, expensive finishes, and lots of space.

Along the same line, when luxury homes are being constructed, higher quality materials are being used. On the exterior, you might find stucco or full brick or stone instead of partial brick or siding. In the interior of the home, as above, you will find high-end appliances, granite or marble appliances, extra space, and upgraded flooring- plush carpeting, solid hardwood flooring, or even marble. In today's market, many expect lots of energy efficient features and products as well.

With luxury real estate in the Tulsa, Oklahoma area, there are many factors to consider to ensure that the investment will pay off, not only in comfort and expectations, but also in future value. For all your Tulsa, OK. area luxury real estate needs, contact Kelly Howard of the Tulsa Luxury Property Group of McGraw Realtors at 918-230-6341 or tulsaluxurypropertygroup.com.