Luxury Homes – What does $10 Million Buy?

By
Real Estate Agent with Colony Realty Company

Currently there are 240 homes actively listed for $2.5 to $28 million dollars.

Whether you want privacy, views, lake/water access, luxury appointments, maximum square footage, exceptional entertaining space, true chef's kitchen, working farm, subdivision or home in the city, the Metro Atlanta and surrounding area has plenty to offer.

From country living at its best with a hand crafted cypress log home on 388 acres in Ellijay ($5.5M) to a classic Jerry Bonner/Norm Askins fully furnished home on 72+ acres in Cumming ($28M) to the Atlanta Magazine Dream Home (2005) in the Country Club of the South, Alpharetta ($4.9M), you definitely have a great selection.

Bank foreclosures can open the door for tremendous opportunity and possibilities of huge returns on your investment in the future. This market with abounding inventory is prime and ready for you to get the deal of a lifetime! Interest rates are still low and the carrying cost along with the amount of reserves required to hold a multi-million dollar property can give you superb leverage and negotiating power.

Take a look at some of the options

$2.5-5M

$5-10M

$10-20M

$20M+

Full Report

For Sellers in this high-end market the presentation and overall coverage of your home plays a crucial part in a successful sale. Today, most buyers begin their search for a home online. With the technology available they want accurate data, extensive detailed photos, visual tours, video, seller notes, neighborhood information and of course a competitive or reasonable price. Your home's online presence needs to show enough to bring them to a on site visit/showing. Postings on a wide variety of search platforms and a Google hit should also be priority. Neighbors need to be enlisted in the search for a buyer, as they know about the area, amenities, and homes. Their excitement to provide positive information and first hand point of views can lead a buyer right to your door.

The goal is SOLD and to get there typically requires a buyer and cooperating agent. Ease of access is a high priority for buyer's agents. This doesn't mean they call 5 minutes before they want to show, however they should be able to reach and receive a response from your agent within 12-24 hrs. (7 days a week). They should be given detailed directions via email, gate codes if applicable, and seller's property disclosure statements so that questions can be answered immediately. A list of amenities, special assessments, HOA and other costs should also be outlined. Comprehensive coverage of your property raises its marketing potential and provides engagement openings for you to receive the buyer's attention and interest. Give your home the power to present!

Brandi Wells     Prudential Colony Realty     404-402-1489  or   Brandi@BrandiWells.com

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