New construction homes increasingly feature luxury amenities that one might normally find only in a high-end condo. These additions cost more upfront, but they offer great value by increasing the resale value of your home and providing long-term savings.
Here are the top 6 luxury home features that you should consider.
A High-End Kitchen
Consider a designer kitchen. Designer kitchens can cost between $10,000 and $20,000 more than a standard kitchen, but they can also increase the resale value of your home by $10,000 or more.
In addition to their high upfront cost, designer kitchens are also challenging to install. That’s why it’s important to hire a contractor who has experience with these types of custom kitchens.
It’s also important to consider how the kitchen will be used. If you have a large family and cook often, you should consider a larger-than-average kitchen. If you are buying a luxury home, you might also want to consider high-end materials like an imported marble countertop.
A Great Master Bedroom
When designing a luxury home, you might consider including a large master bedroom. According to expert Luxury Realtors, a master bedroom should be between 12 and 14 feet wide. That width should also include both sides of the walk-in closet.
If the bedroom is spacious enough, you might want to include a fireplace. While fireplaces are very expensive, they add significant value to a home. If your bedroom is large enough to include a sitting area, you should include a comfortable seating area. That way, you can use the bedroom as a quiet place to relax.
High-Quality Appliances
New construction homes often come with appliances that are standard within the builder’s line of products. While these appliances are probably fine, you can add significant value to your home by choosing a high-end appliance package.
While the upfront cost of a high-end appliance package is higher, it can reduce your overall cost of ownership by a significant amount. You may also be able to negotiate for a lower price if you choose a high-end appliance package. You can do that by offering to forego the extended warranty that comes with the package.
Solid Hardwood Floors
Hardwood floors add value to a home, but they are not cheap. They can cost $2,500 or more per room to install. That’s why it’s best to consider installing hardwood in only high-traffic areas like the kitchen and the living room.
Hardwood floors are also durable and timeless, so they can increase the resale value of your home. And because they last so long, they can actually end up saving you money in the long run. If you want to include hardwood in your luxury home, you should look for a species that is durable, such as Brazilian cherry or Brazilian walnut.
A Climate Controlled Storage Area
If you have an oversized garage, you should consider turning part of it into a climate-controlled storage area. A 10-by-10 foot storage space can cost between $5,000 and $7,000 to equip with a high-end door.
To save money, you can try to do the installation yourself. Or, you can hire a handyman to install the door for you. To store items in your climate-controlled storage area, you can use a custom shelving system. Custom shelving can cost between $500 and $1,500. It can also be installed by a handyman for around $300.
Video Surveillance System
If you own a luxury home in a high-end neighborhood, a video surveillance system can help increase your home’s security. A high-end video surveillance system can cost between $2,000 and $5,000.
It can provide long-term savings by reducing your homeowner’s insurance costs. Most homeowner’s insurance policies offer a discount for video surveillance systems as long as certain criteria are met.
Make sure to check your policy to see if video surveillance is covered. To install a video surveillance system, you can hire a contractor to do the work for you. Or, you can buy the system yourself and hire a handyman to install it for you.
Wrapping Up
With the help of a real estate broker, you’re sure to find your next luxury home. You should also consider including some high-end amenities. These include a high-end kitchen, a large master bedroom, hardwood floors, a climate-controlled storage area, a video surveillance system, and solid hardwood floors.
These high-end features can increase the value of your home if you decide to sell and reduce your overall cost of ownership. And even though they cost more upfront, they are often worth the investment.