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Understanding the Luxury market

Did you know Luxury real estate is defined in a real estate market as purchasing a home in the top 10% of price points for the community? For Denver, Colorado Real Estate that number is constantly changing but for 2018 the top 10% of our market is considered at a price of $700k and above. Luxury markets truly are not defined by amenities provided, space, or even finishes. 

 

This definition is counter intuitive to a prospective buyer coming in to purchase a home as most buyers looking to purchase "luxury" homes are interested in everything that a "realtors" usual definition does not entail. Dream Denver Real Estate is here to help correct this definition. Our belief is that price has little to do with true luxury. 

 

Blogs and News

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Certified Luxury Home Marketing Specialist

 

It started out as a dream. I sold it. Now the Managing Broker & Owner of Dream Denver. All of our agents can represent you in a real estate transaction and they have my knowledge and expertise to back them on selling any Luxury home we take on.

Sold Homes

Record Sale - Cherry Hills Village

Located in the posh neighborhood of Cherry Hills Farm Subdivision, this stud out renovation took two years and over $1m in cost. We broke the record for the highest price per above grade sqft in the neighborhood. It closed at $2.59m.

Buell Mansion - Cherry Hills Village

2.5 acres and over 15,000 sqft. This home truly had everything you needed plus room to grow. The subdivision was voted by Forbes as the # place to retire rich and business Insider magazine says its the number two wealthiest subdivision in America.