Best places to build a luxury home
We have spoken numerous times about how you should use a great property management company to manage your properties. Obviously, if you are in the real estate business, you have to either manage your homes or commercial offices yourself, or have someone else do it. That’s where we come in!
But there’s also the realization that if you have the ability to build your own luxury home, you need to find a reputable builder to do just that, build your dream home. Because we manage luxury properties in Florida, we have had the opportunity to see many properties in the past that have been custom designed and built for homeowners all over the nation.
So, that brings us to our subject in this blog post. Best places to build a luxury home.
What are your choices?
Ours are, with the reasons next to them:
Scottsdale, AZ. We love the area, and the ability to still find property in Scottsdale and the surround Paradise Valley area are still very much alive. Arizona property can still be bought for cheaper than some other areas in the US, and you can live outside Scottsdale and Paradise Valley at the fraction of the cost. You just have to be able to weather the really hot months. But hey, we’re talking about luxury here.
The Monterey Peninsula in CA. Okay, so here you’re talking about the richest of the rich, but if you have a few million to lay down on a dream home, the views along the Pacific Coast Highway are to die for. Clint Eastwood could be your neighbor if you find some property in Carmel, and living in Northern California has its definite perks.
St. Augustine Beach, Florida – We are obviously slightly partial to Fort Lauderdale, but when it comes to luxury living, St. Augustine Beach is where it’s at. Pristine beaches, great restaurants, and the people are fabulous. Property can be bought pretty cheap as well, and you can build your dream home either on the beach, or very close.
Denver, Colorado – Why do you see Denver on the list? Because it’s becoming a haven for investors to build very large homes, whether that is just outside Denver in the foothills, or in the city limits in places like Cherry Creek, Greenwood Village, or down in Castle Rock. The views of the mountains and the access to skiing, mountain biking, and hiking is off the charts, so you have the ability to get out and about without going too far.
Upstate New York – Again, if you are looking to build a large, luxury estate on a cheap piece of land, you can’t go wrong with upstate New York. You will get away from the city taxes, and have the ability to still get down to the city for a quick excursion when you want to see Times Square.
Some of these places might not be on your list, but our team loves the five locations as places that you can build and get away with cheaply finding property.