4 reasons why people buy luxury homes

No matter the state of the economic climate, there will always be people who are looking to buy luxury items, especially luxury homes. As a result, the demand for luxury homes may fluctuate with the change of season, but it will never go away.

Driven by the rise in industry, technology, and increasing numbers of millionaires in the Burlington area, people are looking for more than just four walls and a place to park their BMWs.

Some could say this is a thirst for the good life, while others may feel inspired by the new fancy homes being built. But there is no question; the influx of money into our city will benefit the whole community one way or another.

COMFORT

Today’s luxury homes provide many of life’s modern comforts. Features such as; swimming pools, wine bars, outdoor living, upgraded kitchens, underground parking, manicured lawns, home gym, electronically controlled smart homes, the list goes on make the living space more comfortable.

SECURITY

Not that Burlington has a home security issue, but luxury homes offer the extra sense of feeling safety in your home. with alarm systems, gates, cameras, and being positioned in good neighbourhoods,homeowners can rest easy.

DESIRED NEIGHBOURHOOD

Luxurious homes tend to be in highly sought after areas, which boast some of the city’s best schools. Many tend to have large yards, great proximity to the lake or to other downtown attractions.

INVESTMENT

Real estate still remains one of the best long term investments around. Properties present the advantage of being a “performing asset” – meaning that it serves a practical purpose, even as it gains value. The fact that luxury homes are always in demand, they are seen as a favourable investment opportunity that guarantees multiplied returns in the future.

I love selling homes of all shapes and sizes. If you are in the market for a luxury home, we would love to help you out! Please contact us to see what we can do for you.

Our team of real estate sales professionals is committed to finding you, your dream home. Whether you’re looking to buy or sell, the Karen Paul team is here to help with any questions.