Vacation Homes in Scottsdale

As if 300 days of sun every year wasn't enough, Scottsdale luxury real estate is convenient to world-class golf, cultural and educational institutions, entertainment venues, fine restaurants, upscale shops and the most spectacular natural desert scenery the planet has to offer. These are a few of the reasons that vacation homes in Scottsdale are a smart investment. Despite the rumors of "doom and gloom" in the American housing market, there has never been a better time to invest in Scottsdale luxury real estate.

Scottsdale Real Estate and Luxury Homes

The term "luxury real estate" can be confusing to some, and to a professional Scottsdale realtor, the phrases Scottsdale luxury real estate, Scottsdale luxury properties and Scottsdale luxury homes can actually mean three different things.

Scottsdale luxury real estate is a general term that refers to any piece of real property - developed or not - that is valued at $1 million or more. Such real estate has a great deal of square footage, is in a prime location, and usually has easy access to utilities such as electrical power and sewer/water systems.

Scottsdale luxury properties are usually lots in carefully planned communities in the best locations. These properties are ready for the buyer to construct his dream home; they represent the choicest Scottsdale real estate.

Scottsdale luxury homes refer to actual houses built on properties such are described above. These are usually custom built; they may also have some historical significance. Generally, these homes run about 10,000 square feet or more.

It's important to understand that what constitutes Scottsdale luxury real estate may not be the same as Portland, San Francisco or Baltimore luxury real estate. It is different for every location; the bottom line is that they are all valued at $1 million or more.

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