Featured Photo: Falls Reserve; Photo courtesy of The Jim Allen Group
Admit it. At some point or another, you’ve probably gotten lost on the Internet browsing luxurious mansions for sale. With incredible amenities, gorgeous curb appeal, and astonishing finishes, it’s easy to understand why. Nonetheless, the term “luxury” has been overused in the past several years when referring to high-end homes. So what actually makes a home considered luxury? In the Triangle, there are plenty of new construction homes and communities that check the boxes when it comes to purchasing a luxury home. Check out the following if you’re in the market for a home with a higher-than-usual budget to spare.
Homes built in locations that are envious often have the highest property value. In the Triangle, that might mean closest to the highest-ranked public schools, close to bodies of water such as Lake Jordan, or even just close to the convenience of your everyday life such as grocery stores, shopping, and more. Take Stoneridge Place for example. These homes start in the $750s and are located right in the heart of Raleigh, close to shopping and dining. Built by Robuck Homes, this community boasts state-of-the-art kitchens, master-down bedrooms, and owner’s suites with spa-like bathrooms. How’s that for relaxing?
According to Zillow, the median home price in Raleigh is currently at $287,647 in 2020. There are specific counties, cities and even neighborhoods such as Glenwood Village in Raleigh that are more coveted, resulting in a higher price tag. While high-end luxury homes are often found in these more-desirable areas, they tend to be priced even higher than the majority of properties nearby. Priced from the $900s to 2 million, Riverstone Estates lives up to the hype. Located minutes from Jordan Lake and the Haw River, just outside downtown Pittsboro off US-64, this beautiful estate home community features private, wooded homesites from 2 to 5 acres – bordered on two sides by NC State Park land. Sadler Construction and Paragon Building Group each specialize in Universal Design, multi-generational homes as well as energy independent homes. Choose a move-in ready home, or one of the thoughtfully designed custom plans and work with their designers and experienced custom craftsmen to build your dream home to your exact specifications.
Riverstone Estates; Photo Courtesy of Fonville Morisey Barefoot
More Square Footage
It’s a no-brainer that a larger house comes with a greater price tag attached to it. In 2019, the median home size in the United States was 2,301 square feet – up from 2,135 ten years ago. Whether more square footage equals more bedrooms, areas dedicated to things like play rooms and offices, or even larger garages- bigger homes cost more. In today’s homes, we’re seeing more open spaces, large master suites, and home offices to accommodate for home-life conditions resulting from the pandemic. Falls Reserve is managed by The Jim Allen Group and offers homes with 5 BR and 5 BA and 6,000+ square feet. Priced from the $900s, these luxury homes have plans that include personal pools, ginormous master suites and beautiful fixtures.
Even if luxury homes are outside your budget, it’s still nice to be able to escape reality to take a peak every now and then. If you’re looking for a new home in the Triangle area, head to our website to see all of the communities with homes for sale.
By Kendra Stowe