Park City provides buyers great choices of luxury homes and condos. Whether you want to buy a golf villa, a ski-in ski-out home, a ranch estate, or a lakefront property, you can find one here. Luxury homes for sale in park city utah typically starts around $1.5 million and can reach up to $25 million. So what makes them luxury properties?
Some people look at the number of zeros in the price of a home or the price per square foot when labeling a luxury property. And although price is a factor, it takes some money to afford all the features a luxury home has. In terms of luxury, there is more to it than dollar signs. In Park City, proximity to Historic Old Town and skiing is luxury. Read on to know what else defines a luxury home:
Luxury Locations
Location luxury can be a moving target. Usually, the geographic location is defined by the center of the town that has the historic nostalgia and architectural style. However, Park City has an up and coming area that becomes coveted and prices tend to increase based on supply and demand. Promontory, Deer Crest, and Glenwild are newer luxury locations in Park City.
Home Quality
Luxury homes boast unmatched construction quality, unique design characteristics, and superior finishes. They are equipped with state-of-the-art appliances and home systems. Also, modern luxury homes are designed with environmental consciousness in mind.
Privacy and Security
A lot of people who buy luxury homes prefer their house to be in a private location where they can take refuge. Usually, communities with luxury homes have private gates and extra security features for this reason.
High-End Amenities
Luxury homes have in-home amenities including plush movie theater rooms, man and woman caves, golf simulators, private pools and spas, as well as cigar lounges, bars, and wine cellars. Luxury communities also have shared amenities that can range from pools with private cabanas, ski in ski out access, and exclusive golf memberships.
Size
A home can still be a luxury property even if it is small if it has exquisite quality. But, most luxury homes are quite big to accommodate all the amenities and features homeowners want. It is important to keep in mind though that just because a home is big does not automatically make it a luxury home. Big homes that are cheaply constructed and in poor conditions are not considered luxury homes.
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