Scottsdale luxury real estate is defined as real property valued at $1 million or more, having at least 10,000 square feet, is custom designed and/or has some kind of historical significance, and sits on extensive acreage near amenities such as golf courses and feature spectacular views. Typical Scottsdale luxury properties may not necessarily have all of these characteristics (aside from the valuation), but chances are good that most of them can be applied to any given piece of true Scottsdale luxury real estate.
“Beverly Hills of the Desert”
While from a geographical standpoint, it is arguable that the Los Angeles Basin is part of the same regional desert ecosystem as Phoenix’s Valley of the Sun (meaning that Beverly Hills CA is also located in the desert), this moniker was applied to Scottsdale – and it stuck. In any event, it sounds far more appealing that “Place of Rotting Hay,” which was the name of the original Pima Indian village that stood on the site of present-day Scottsdale luxury real estate.
In any event, Scottsdale real estate for sale includes that which is located near world-class shopping (there are more than 15 shopping malls within the city limits) and more golf courses than you could play in a year. Some Scottsdale luxury homes are deluxe condominiums that stand right at the edge of some of the best golf courses in the world outside of Scotland.
The luxury homes for sale are located near cultural institutions and top entertainment venues as well. Your Scottsdale realtor can show you a wide variety of Scottsdale luxury properties to suit any and all tastes and expectations.
The Scottsdale Real Estate Market
It is true that there have been a lot of “gloom and doom” real estate stories out there. Some of them are even accurate – for certain parts of the nation.
However, the market for Scottsdale luxury real estate is as strong as ever. Much of this is due to a strong, technologically-based local economy. Despite what you may have hear on the “mainstream” media, what is applicable to Michigan does not apply to Arizona.
However, it’s a good idea to work with someone who knows the ins-and-outs of Scottsdale’s often complex real estate laws and city ordinances. You’ll want to retain the services of a local Scottsdale realtor, who can make sure that you have a pleasant and successful experience – as well as secure the piece of Scottsdale luxury real estate that you want.
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