Defining Characteristics of a Luxury Home in NJ

Defining Characteristics of a Luxury Home in NJ

You’re looking to buy your dream home, and you’re not sure where to start. Often times, those who are looking for a luxury home end up building their own home. But what exactly defines a luxury home, and how do you know how to find a builder who is qualified to help you make your dream a reality? If you need more information about building your luxury dream home in New Jersey (NJ), contact your local NJ homebuilder for more information. You probably already have an idea in mind of what you want your home to look like, or certain functionalities that you’d like it to have. You have a general style or color palette that you’re trying to adhere to, and you’d like your home to project a luxurious feel while also containing all of the necessary aspects that you desire. When thinking about building a luxury home in NJ, consider the following aspects that create a luxury home. Speaking with your luxury home builder beforehand with your ideas already in mind will help you find the right builder. It will also speed up the process of building your home and allow you to have more productive conversations with everyone in the home building process. So, what defines a luxury home in NJ? Price Point: How Much Are You Willing to Spend? It’s sort of an obvious statement that a luxury home is best defined by the price point. More expensive homes are defined by some people as luxurious, but the prices differ. Some realtors define luxury homes as homes over $1 million in value, whereas others pinpoint...
3 Steps to Building Your New Dream Home

3 Steps to Building Your New Dream Home

Searching for a new home is difficult enough, not even counting the stress that comes with moving. But sometimes when you want your dream home, the best option is to build it. When building a new home in New Jersey (NJ), there are some steps you should follow to help move the process along. When beginning the process of building your new dream home, contact your local NJ new home builder in order to gain all the proper information that you need in order to begin the building process. Your local NJ home builder will be able to discuss any financial restraints you may have as well as point you in the right direction when thinking about functionality and design. Before you contact your builder, understand that there are three main steps in building your new dream home; location, architectural details and interior design choices. These three steps make up the main decisions you will need to make when going through the process of building your NJ home. Although all of these things will be decided as the process goes along, it’s good to have an idea of what you want before the process begins. Step 1: Where Do You Want to Live? In NJ, there are many great choices of where to build you new home. Most residents of NJ have an idea of where they want to live beforehand, but if not, exploring some neighborhoods and some options beforehand might be a good idea. Do you want to live closer to the city, the beach or in the suburbs? NJ has all three options and a local...
Get to Know Your New Jersey Luxury Home Building Team

Get to Know Your New Jersey Luxury Home Building Team

Building a new home is a complicated process, even more so for home builders in central New Jersey (NJ). The amount of home-building options for new homes in central NJ is enormous, with multiple moving parts to the process. There are several people to know and manage that are involved. Creating your new luxury home takes a team of trained professionals focused on your personal needs. There needs to be a lot of emphasis on your needs and clarity regarding your goals for your dream home. The key members of this team, will work together to make it a reality. Let’s take a look at who does what during the building process. This is your guide to the “who’s who” when building your central New Jersey luxury home. Starting the Process: The Developer Developers find and acquire land over large periods of time to create the perfect community for home builders. They create a master plan including profiles of potential homebuilders, while working with the local community to cater to their needs. After agreeing to build a new home, the first place a developer will go is to the architect. Your Floorplan: The Architect When looking to build your home, you’ll be presented with a variety of floorplans with features that fall within the community’s pre-determined price range, or your own. The architect is responsible for making sure all the amenities coincide with the topography of the land and the community guidelines. After you finalize your floorplan, you will begin working with a home building firm. Design and Construction: Your Home Building Firm Pay close attention to the company...
Tips for Building a Luxury Home in New Jersey

Tips for Building a Luxury Home in New Jersey

If you’re shopping for a luxury home, you have a good idea of the features you want your home to have. You plan to spend a lot of money so you want to make sure you get what you’re paying for. This is why many luxury home buyers decide to build a custom luxury home in New Jersey. Any home buyer who decides to build has a lot of decisions to make. Luxury homes come with even more responsibility. There are so many things that a home buyer has to keep in mind when building a home it can easily become overwhelming. If you plan to build a luxury home in New Jersey, keep these helpful tips in mind. Remember Your Budget Luxury homes obviously come with a steep budget. This can make it easy to misjudge how much something might cost. A home buyer could easily think features like a pool or home movie theater are in budget when these same features can put them a few thousand dollars over budget. When building a luxury home, expenses add up quickly. Home buyers in this situation should calculate every detail of their new home. Be sure to know as much as possible about the features you want and how much each costs. This includes types of flooring and even paint. In a luxury home, every detail counts. Think About Design This seems obvious but it’s more than just knowing what you want out of your home. Having a large home makes you more likely to entertain family and friends. Having a large luxury home that you designed makes you...
Top 5 Reasons to Build your Luxury Home in New Jersey

Top 5 Reasons to Build your Luxury Home in New Jersey

Some call it the Garden State. Others simply call it ‘The Shore’. But a lucky few of us have the privilege of calling it home. New Jersey is a fantastic place to live, as the nearly 9 million residents of this great state would attest. For those looking to build a luxury home, New Jersey affords a wealth of powerful incentives to encourage prospective New Jersey luxury home buyers to ‘plant roots’ in the Garden State. So, what makes New Jersey such a great place to build your luxury home? Education The importance of eduction cannot be overstated. The quality of your child’s education will be the single greatest factor in determining their lifelong professional success. New Jersey schools provide their students with one of the very best educations our country has to offer. New Jersey schools earn top marks in annual educational quality rankings year after year. And a bevy of private K-12 learning institutions provide accepted students with an even higher quality of learning. Shopping New Jersey is a shoppers paradise. The Garden State has more malls per square mile than any other state in the country and a huge variety of national brand outlet stores stretching from the beach-front boulevards of Atlantic City to bustling thoroughfares of Tinton Falls. Whether your tastes lean toward the classical or the modern, the luxurious or the the thrifty, somewhere in New Jersey there is the perfect store for you. Proximity to Major Metropolitan Areas For those who work in Manhattan or Philadelphia who want to go home to somewhere a little less busy, New Jersey offers a perfect compromise....
Sale of Luxury Homes in New Jersey On the Rise

Sale of Luxury Homes in New Jersey On the Rise

According to recent reports, the number of sales for luxury homes in New Jersey is on the rise. Recent sales numbers have shown that while the total number of homes sold in New Jersey has decreased, the average dollar amount spent per home has increased. The reason for this rise is a steady increase in the sales of luxury homes in New Jersey, primarily in Bergen and Passaic County. Sales of luxury homes in New Jersey have seen a steady increase during the month of August, particularly in North Jersey. Higher-end properties are taking up a bigger share of the market, which has had the effect of boosting the median home price across the board. In New Jersey, the average price for homes sold in August was $285,000, which represents an increase of over $13,000 in comparison to July. And this trend extends beyond the bounds of the summer sales season. The number of home sales valued at over $200,000 has risen nearly 10 percent over last year, while the number of homes valued at $200,000 or less saw a dip of over 9 percent. Luxury homes in New Jersey have always gone for prices above the national average, largely owing to the increased cost of living in the garden state and property values ranking near the top of the nation. Despite the higher costs, people in the market for luxury homes still flock to the state as its proximity to Manhattan and Philadelphia make it an attractive option to professionals working in these two metropolitan centers. For these people, the home prices in New Jersey pale in comparison...