Luxury Real Estate

Key Insights about Luxury Real Estate

  • When selling a home in this price range, it’s critical to work with a specialist like me who understands the local luxury market.
  • As a specialist in selling luxury homes, I can help with everything from pricing, to private sales, to pre-sale updates that will help draw in more buyer interest.

By working with me as your specialist REALTOR® in the upper-bracket market, you can leverage my strategic insights as you move toward the closing table. A couple initial thoughts:

 

How long does it take to sell a high-end home?

Historically, luxury homes have taken longer to sell than general market homes. This makes sense — as you move into higher price ranges, the pool of eligible buyers tends to get smaller. However, the current inventory shortage in our market includes luxury properties, and homes in the luxury range are selling faster now than they have in past years.

As your luxury real estate expert, I have a keen understanding of current trends in exceptional properties and I will make smart recommendations for how to update and position your home before it is listed on the market. 

 

Top trends that luxury buyers are looking for include: 

  • Elevated storage: Rather than simply offering a walk-in closet, owner’s suites can now include space for the homeowner to prepare for their day. Some are adding espresso machines, furniture for lounging and extra features for their furry friends.
  • Home gyms: Treadmills are no longer relegated to an extra nook in the basement. Today’s high-end homeowners are placing their Pelotons in windowed rooms where they can enjoy a gorgeous view. Bonus points if you add a sauna and cold soaking tub to your space.
  • C-suite at home: High-end homebuyers who will work from home are designing spaces that suit their needs. From a small kitchenette to prepare snacks or drinks between meetings, to fireplaces and reading nooks where they can read executive briefs, the one-of-a-kind home office is becoming more and more common.

 

What else should I know when selling my luxury home?

In short, while it’s important to understand luxury trends when selling your home, it’s also critical not to over-generalize this unique market. To sell your home at a competitive rate in the shortest amount of time possible, work with me because I am well informed about recent sales activity.

 

Call, email or chat today to get connected so I can help you sell your luxury home on your terms.


Information & Articles About Luxury Real Estate

Please click through to our incredible articles with important information about luxury real estate. Learn about design trends, luxury home features, financing options and so much more.

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My National & International Partnership

Luxury real estate is local, national and international. My luxury real estate listings are syndicated through Luxury Portfolio International across the entire globe as we seek that discerning, highly-qualified potential buyer. Especially with economic trends changing where people can live and work, the Twin Cities continues to be a tremendous draw for affluent consumers. I would be happy to talk with you about how my partnership with Luxury Portfolio International will help match your home with the right buyer.

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Current Luxury Real Estate Listings

Click through my website to search for currently active luxury real estate listings. I would be happy to answer any questions or schedule a showing for any property that might work for you.

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Current Lakefront/Waterfront Real Estate Listings

Click through my website to search for currently active lakefront, lakeshore and waterfront luxury real estate listings. As an expert in this market segment, I offer my experience, expertise and knowledge for your search. So click through, be inspired and let's talk!

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Edina Realty's Exceptional Properties Division

If you’re considering luxury real estate, as an Exceptional Properties agent, I have deep expertise, including detailed market data to help you make an informed decision. I possess a unique understanding of this market segment, and my local and global connections offer access to the most qualified potential buyers. This exceptional program supports me as your agent by providing specific training, networking access to a local and national pool of potential buyers, unique and powerful marketing and content, and many other benefits.

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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings