Luxury Real Estate – Location Is Essential

If you are ready to upgrade to a beautiful luxury home in Silicon Valley, there are many points you will want to consider when pinpointing the perfect house for you and your family to call home. While the style of the house and its specific amenities are important, most of the points you should consider surround the location of the luxury real estate. No matter whether your focus is to settle down for a long time or find a property that is sure to hold its value so you can sell eventually, location is the prime deciding factor for what luxury home you will buy.

The first thing you picture when you are told that location is important is the surroundings of the luxury real estate itself. This is essential because if your property is backed up against Highway 85, the noise from the traffic will destroy any time you have outside. Also, acreage is important not only in your personal enjoyment but in the value of the luxury real estate. To be considered an estate, generally an acre parcel of land is the minimum amount required to be considered an estate rather than a nice home with some land.

The second factor of a luxury real estate’s location is the economy. By choosing Silicon Valley as your location for finding prime luxury real estate, you will appreciate one of the best economies in the country. The housing market hit rock bottom in the first months of 2009, but since then it has been making a stronger comeback than other areas of the United States and even of California. The job market is strong and the time that homes are spending on the market has been decreasing over the past year. This is an excellent sign for the future of luxury homes in Silicon Valley.

Another aspect to consider is the recreational opportunities, schools and other services in the neighborhood in which you choose to settle down. Many locations in Silicon Valley have nature trails, golfing, tennis courts and more, especially estates that are located within gated communities. Not only are there many recreational opportunities, the neighborhoods here are clean and well-maintained as well. Schools are important to consider if you have children. Are they nearby? Is the school overcrowded? All these things should be taken into account in addition to the amenities and design of the luxury real estate you are thinking of buying.

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