As if 300 days of sun every year wasn’t enough, Scottsdale luxury real estate is convenient to world-class golf, cultural and educational institutions, entertainment venues, fine restaurants, upscale shops and the most spectacular natural desert scenery the planet has to offer. These are a few of the reasons that vacation homes in Scottsdale are a smart investment. Despite the rumors of “doom and gloom” in the American housing market, there has never been a better time to invest in Scottsdale luxury real estate.
More on Scottsdale Luxury Real Estate
The term “luxury real estate” can be confusing to some, and to a professional Scottsdale realtor, the phrases Scottsdale luxury real estate, Scottsdale luxury properties and Scottsdale luxury homes can actually mean three different things.
Scottsdale luxury real estate is a general term that refers to any piece of real property – developed or not – that is valued at $1 million or more. Such real estate has a great deal of square footage, is in a prime location, and usually has easy access to utilities such as electrical power and sewer/water systems.
Scottsdale luxury properties are usually lots in carefully planned communities in the best locations. These properties are ready for the buyer to construct his dream home; they represent the choicest Scottsdale real estate.
Scottsdale luxury homes refer to actual houses built on properties such are described above. These are usually custom built; they may also have some historical significance. Generally, these homes run about 10,000 square feet or more.
It’s important to understand that what constitute Scottsdale luxury real estate may not be the same as Portland, San Francisco or Baltimore luxury real estate. It is different for every location; the bottom line is that they are all valued at $1 million or more.
Your Vacation Home
There’s no better place to own a vacation home than Scottsdale, Arizona – the West’s “Most Western Town.” Your professional Scottsdale realtor can show you the many excellent examples of Scottsdale real estate for sale, including lots that are ready to build upon as well as finished homes that are all ready for move-in.
Keep in mind that the purchase of Scottsdale luxury real estate is a bit different than ordinary real estate transactions; because of the amounts of money involved and the importance of keeping U.S. investors safe from the risk of loss, Scottsdale luxury real estate for sale typically undergoes numerous thorough inspections before the sale closes. It’s one more way that Scottsdale real estate professionals keep their clients’ best interests in mind when assisting them in the purchase of Scottsdale luxury real estate.
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