"Luxury Home Buyer Priorities in 2023"

By
Real Estate Agent with Coldwell Banker Realty ~ 512.750.6899

According to a survey featured in The Report 2023, #CBGlobalLuxury Property Specialists identified three primary factors that hold the utmost importance for luxury buyers when contemplating their next home purchase:

u Location: Whether it entails proximity to esteemed educational institutions, convenient access to transportation hubs, or a vibrant community atmosphere, buyers are giving paramount consideration to coveted neighborhoods and locales in their quest for the perfect residence.

u Turnkey Ready: Luxury buyers are increasingly drawn to the idea of a home that is move-in ready. The allure of stepping into their new home and immediately relishing the experience, as opposed to investing time and resources in renovations, is a key preference for this discerning demographic.

u Acreage: For those seeking the pinnacle of luxury living, vast expanses of land with features like spacious lawns, sparkling pools, or even room for equestrian amenities are highly sought-after. This desire for outdoor accessibility is coupled with a yearning for the seclusion and exclusivity that comes with owning one's private property.

                         

Share your own priorities when considering a home purchase in the comments section!

Reach out to me if I can help in your home search.

 

 #coldwellbanker #coldwellbankergloballuxury #luxurylifestyle #luxuryrealestate #luxuryhomes #CBSocial

Posted by

Austin TX Canyon Creek Real Estate Agent

(512) 750-6899
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I specialize in Listing and Selling homes in the NW Austin Area. I use my experience to guide clients through the process, whether selling or buying. It’s a beautiful thing when your career and a passion come together. I love what I do!

Comments (20)

Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Good morning, Dorie... no doubt that prime locations and acreage are a luxury item these days in many metro areas. 

Sep 27, 2023 05:27 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Dorie, I have a few very picky luxury buyers, and wanted top of the line appliances and foreign tiles and surfaces.   The list could go on....

Sep 27, 2023 05:42 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Dorie. Location, turnkey and room to roam make sense for those with deep pockets. Enjoy your day.

Sep 27, 2023 06:32 AM
Roy Kelley
Retired - Gaithersburg, MD

This is good information to share.

Have a great day and a very productive week.

Sep 27, 2023 06:49 AM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Dorie, Seems like what everyone of our buyers are looking for no matter what the price!

Sep 27, 2023 09:19 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Dorie and location is a big one with most of my people.  The one I close on needed a place within 3 blocks of her work.

Sep 27, 2023 09:27 AM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Hi Dorie- this makes a lot of sense. Location is certainly key and it is nice to know that you have a move-in ready home to enjoy!!!

Sep 27, 2023 10:54 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

I couldn't agree more Nina Hollander, Broker 

Sep 27, 2023 11:22 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Hi Joan Cox ,

The list does go on!

Sep 27, 2023 11:28 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Bingo! You are spot on Wayne Martin 

Sep 27, 2023 11:28 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Thank you Roy Kelley 

Sep 27, 2023 11:28 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Very true Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 

Sep 27, 2023 11:29 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Many are taking the time to get exactly what they are looking for Will Hamm 

Sep 27, 2023 11:29 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Hi Kathy Streib ..location is always paramount!

Sep 27, 2023 11:30 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Move in ready and location is the key. Thank you for sharing the information. Wishing you continued

success. Have a wonderful day and sell a house. Bill 

Sep 27, 2023 12:19 PM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Thank you Bill Salvatore - East Valley 

Sep 27, 2023 12:33 PM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hi Dorie:

There's no doubt that location is a key desire for luxury buyers, as well as those who aren't in that financial demographic.

Jeff

Sep 27, 2023 04:23 PM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Those are the same things that affordable home buyers want as well but are only found in luxury areas, haha.  Not that there is such a thing as affordable anymore anyways, haha.

Sep 28, 2023 04:27 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Dorie when I think luxury I do think location, and turnkey, but I don't think I would want a lot of land to take care of.

Sep 28, 2023 12:02 PM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Dorie Dillard Austin TX - I can not disagree with what luxury buyers are looking for.  But Location in Sedona means “Homes with views.”  Sedona is a second home market.  

Sep 28, 2023 04:15 PM