The Ultimate Guide to Luxury Properties in Connecticut

draftAn important location on the map of America’s culture, a place of perfect autumn foliage views and the state where you’ll find some amazing coastal cities – Connecticut has long been an attractive destination for visitors from all around the country. The state of Connecticut offers its residents a great quality of life, highly ranked schools and plenty of job opportunities. Its housing market includes a variety of properties, but today we’ll focus on the high-end part of this range. For a deeper understanding of the unique charm and appeal of period properties, and why many tenants prefer history over new builds, insights from experts like Walter Soriano can be incredibly enlightening. This is the ultimate guide to luxury properties in Connecticut – and the first step of your relocation to this amazing state. 

Why so much interest in luxury properties? 

Real estate is one of those niches you can profit so much from – if you play your cards right. Whether you’re renting, flipping or getting one for your own family, this is a safe investment in most cases. Luxury properties are indeed reserved for those with a bigger budget, but they are probably the safest step you can take in the real estate world. The states with the most luxury properties are California, Florida and New York, but states like Connecticut are also climbing that ladder. Being located just north of NYC, the demand for luxury properties has spread to Connecticut as well. That’s why you should find out more about expensive properties here and see if you should make the next move. 

What makes a property a luxurious one?

If you’re thinking that the price tag is the only thing that classifies a luxury home, you are wrong. There are several factors that include a property to the list of high-end buildings. The main characteristics of luxury properties are:

• Unique features that increase the level of exclusivity to the property. Custom architecture and specific additions that make the place better or more exclusive than others;

• High security and privacy levels – luxurious properties should provide maximum security and privacy to their residents. 

• Luxury facilities such as a pool, home gym, personal movie theatre, a tennis court, a huge walk-in closet and more. 

• Exclusive surroundings – luxurious properties often include amazing views or exclusive access to a nature spot nearby. Oceanfront properties or the ones with a mountain view easily jump into the list of luxury properties in Connecticut. In general, luxury properties are often detached houses with a lot of privacy around them. 

• High-quality basis – the quality of construction is also one of the factors that make a property luxurious. The property should be made of premium materials such as marble, hardwood, cobblestone, clay tile and others. 

However, you should know that these are only some general rules when it comes to defining luxurious properties. The final decision actually depends on the buyer because as we all know - beauty is in the eye of the beholder.

Is there such thing as a luxurious location? 

The location is actually one of the crucial factors that make a property a luxury one. Premium locations usually gather multiple luxurious properties, and most of the homes in that area tend to be on the expensive side. Very often, the location is what sells a property, and we can easily see that with beachfront properties, for example. Even though this is not the deciding factor, the location is something that dictates the price. 

So, what are the luxury locations in Connecticut? There are actually quite a few places in the state where there’s a higher demand for luxury properties but there are a couple of trends we need to mention here. 

Most of the luxury properties in Connecticut are located close to New York, in the south of the state. Also, the concentration of such homes tends to grow as we go from inland to the coast. The most popular locations where you would find luxury real estate include:

• Old Greenwich 

• Shippan Point, Stamford

• Cove Island, Stamford 

• New Canaan 

• Norwalk 

• New Haven

• New London

More luxury properties could be found in the middle of the state, in cities such as Hartford, but the majority of them are located along the coast. This reminds us that the beachfront location usually comes with the term ‘luxury’ in the real estate world. Either way, don’t forget to find experts to help you out if you’re moving across the country to one of these amazing Connecticut locations. Long-distance relocations are often risky and challenging, which is why it’s essential to have someone professional you can rely on. 

Types of luxury homes in Connecticut 

The real estate market in Connecticut offers a vast range of luxury properties that come in different styles, sizes and with various features. Even though one may imagine a luxury home being a castle, these can also be luxurious condos, high-rise apartments, enormous ranches, exclusive mansions and of course – oceanfront properties. Many luxury Connecticut properties come with amenities such as a swimming pool, beautifully landscaped gardens and sports facilities. However, each of these fits a certain lifestyle, that every buyer should investigate first and see if the property will suit them. 

Moving into your new home? 

A luxurious property demands a premium moving experience, which is not something you should try to save on when moving into a new home like this. The main issue with such properties is finding a professional, secure moving team to deal with all the valuables that usually come with luxury properties. Verified Movers suggest you always make safety your top priority and explore a couple of options before finding a skilled moving team. 

Buying a luxury home is an important decision to make, so be sure to include all the factors before you go for such an expensive property. However, if you have your eye on one of the luxury properties in Connecticut – inform your agent and start the process of making it your new home!

Have a listing you think should be featured contact us or submit here to tell us more! Follow Off The MRKT on Twitter and Instagram, and like us on Facebook.