Wyomissing Pa Luxury FSBO

Mediterranean Luxury Design High on the Wyomissing Hills. A 4000sf of Luxury including Marble, Hardwood, Laminate, Tile floors,

Cherry Kitchen with Corian counter that takes you into a huge Family Room with Marble surround fireplace leads to office,

A 2000sf Finished basement with Tile and Laminate floors, a beautiful Wet Bar and a full bath with stall shower,

A huge main bedroom with a sitting place, jacuzzi, sauna and double shower with exit to deck. This home has a three car garage, is professionally landscaped, stucco finish and great views. This is a truly unique property that comes around once in a while... Contact agent for more information...

More info at:

www.LuxuryHomesBerks.com

World's Most Expensive Homes

These are some of the world's most expensive properties, and the prices are as unique as the homes.

Bran Castle $140 million, Brasov, Romania

Once inhabited by Romanian prince Vlad the Impaler, the inspiration for Count Dracula, this castle, built in 1212, sits on 20 acres. For something a little more "Old World," a Romanian castle, can be had for $140 million.

Saudi Prince Bandar bin Sultan's Aspen ski lodge

$135 millionHala RanchAspen, Colo.Until Tim Blixseth finishes constructing his $155 million Montana ski lodge, this 95-acre ranch owned by Prince Bandar bin Sultan bin Abdul Aziz, former Saudi Arabian ambassador to the U.S., is the most expensive in the country.

Timber and real estate baron Tim Blixseth just upped the ante. He plans to build and sell a 53,000-square-foot stone and wood mansion at the Yellowstone Club, the members-only, Blixseth-developed residential ski and golf resort near Bozeman, Mont. Price tag: $155 million.

64-room Istanbul waterfront mansion

$100 million Waterfront EstateIstanbul, TurkeyThe fifth most expensive home in the world is in a somewhat unexpected spot, located on three-quarters of an acre directly on the Bosphorus in Istanbul, Turkey.

For the third consecutive year, Forbes.com compiled lists of the world's most valuable properties on the market in every continent, excluding Antarctica. They scoured international real estate listings and spoke to top brokers around the world, restricting their list to homes and apartments, not including apartment buildings or plots of land. They allowed for some commercial properties such as ranches or vineyards, but only if the property also featured a residence worthy of the list.
Still, discovering every top-tier property is impossible. Many owners sell their homes only to preselected buyers, and hide their asking and sales prices. This can help owners conceal the value of a home for tax purposes, and keeps fellow aristocrats from regarding them as gauche for announcing a $100 million property to the world.

Forbes, May 2008

Stone Beauty Farmhouse

115 Year Old Farmhouse

$389,300

Berks County Farmhouse for sale in Mohnton PA, suburbs of Reading PA. Old world charm in this extra wide, center hall, 1894 stone farmhouse. Beautiful restored original woodwork and moldings. Double thermopane, tinted Colonial windows. Walls are 22" thick, creating deep windowsills - all refinished. Eat in kitchen with Brazilian cherry wood wide plank floor. Wainscoting, country hutch and hand painted medallion.

Family room has original carvings on woodwork, crown molding, gleaming soft pine wood flooring, and pellet stove. Parlor has antique ceiling medallion and Bombay cherry windowsills. The bath, redone in 2006, features a walk-in closet, authentic Victorian sideboard double sink with Corian, Zodiac quartz counter-top, and antique pewter fixtures. Additional 465 sq. ft. of finished living space in the attic. This space boasts Berber carpet and fresh paint. Could be 4th bedroom, office or game room. Lower level has a working walk-in refrigerator!

Lots of potential on this 4 acres with spring-house and barn/ 2 car detached garage.

See more info at: www.LuxuryHomesBerks.com

Virtual tour :http://www.visualtour.com/applets/flashviewer2/viewer.asp?t=1276545&sk=13

Are Luxury Homes A Growing Market?

The luxury homes market was once a tiny percentage of overall sales but today is a fast growing market segment that has gained increasing momentum over the past several years. Real estate professionals who once may have dabbled in the market are now beginning to view this niche as an opportunity to build a career path.

But what is a luxury home?

Certainly we can all imagine in our minds eye the enormous castle or a fabulous estate on the hill, complete with butlers and maids, but is this an accurate definition of today’s Luxury Home? Luxury homes are often described as expensive homes. But cost is only a measure of luxury, a way to measure the differences in any community. Cost can also vary greatly between areas of the country. A luxury home price in the one part of the country may not be able to buy a modest home in another. So price alone is a poor description of a luxury home.

Looking at it another way, luxury homes also include many types of properties from ranches, town homes, condominiums and apartments, to custom homes, villas and brownstones. But one area that all luxury home specialists seem to agree on is that location is a key ingredient to desirability. Location is often a reflection of lifestyle, a key component in the luxury homeowner’s decision making process. And therein rests the key ingredient that needs to be understood for real estate professionals that want to move into this growing market niche. According to John Brian Losh, publisher of Who’s Who In Luxury Real Estate, “When luxury buyers look for a home … they look for a lifestyle change – and they want the home to reflect the lifestyle of the area.

Source:
TransWorldNews

Jim Remley

RealtyU.COM

Market Statistics for 2007 Luxury Homes Berks County

The following numbers are the statistics for 2007 for homes between $500K and $1Million:

There were 223 homes listed for sale
Out of which 52 homes sold
Average Listing Price was $652,970
Average Sold Price was $619,919
Average Days on Market 156

Out of fifty two sold homes in this price range, twelve were sold by GMAC Real Estate Premier Network,

The following numbers are the statistics for 2007 for homes $ 1Million and above:

There were 39 homes listed for sale
Out of which 3 sold
Average Listing Price was $1,842,407
Average Sold Price was $1,350,000

Out of Three sold homes, Two were sold by GMAC Real Estate Premier Network,
using our Elegant Homes Program.






source 2008 Trend MLS

The Luxury market is hurting? I don't know perhaps if you live in some parts of Detroit, where some developments of Luxury homes values fell from 900k to 400k. Now if you live in Manhattan it might be a good idea to smile if you own a piece of land... look at the following statistics from the year that just ended... Is this a local bubble... some think so. Some say that the Manhattan market is driven by Europeans buying all that is for sale.. perhaps, truth is that bubble or not it still gives the rest of the country a last hope in the luxury homes market, or perhaps false hope that things will get back to the 2003 market where you list one day, next day you go pending...

Truth is that Berks County homes have lost value like everywhere in most of our country, not so bad depending on the type of property you own... but in the Luxury, Historic homes market things do not look that bad in our area... homes are still selling. Good time to buy a hi-end property? I think so, but do not overpay... you are looking to buy a Luxury, Historic Property please get representation from an agent who can provide for you info and advise you to a successful transaction...

The average sale price of all Manhattan apartments was up 12% to $1,395,000
Condominiums sold briskly and made up 55% of all deals for the first time.
Condos increased by 9% on a price per square foot basis to $1,222
The median condo price was up 17% to $1,100,000
Co-ops increased by a more modest 3% price per square foot to $918
The median co-op price was up 2% to $666,000

Your home needs one of these

I am not sure this particular toilet will match the baths, but this Swarovski crystal studded toilet is certainly an eye catcher. Designed by Jemal Wright, this is from the “Isis” range of bathroom fittings and is either fully or partially handset with Swarovski crystals – “the epitome of bathroom couture,” according to the designer. Looks a little cold to me and I can only imagine how much fun this will be to clean.
Price - $75,000

Luxury Homes to the MAX

Limestone gallery in London offer bespoke bathrooms and other interior décor made from a variety of natural materials. This particular bathroom features a solid Ivory Stone bathtub carved from a single piece of stone. Possibly the most exceptional bathroom fittings I have ever seen.
Price – this one is at the lower end of their range and sells for around $70,000 for the entire bathroom. A single bath tub can cost as much as $140,000 – just for the bath tub.

Custon Stair Railings at Half the Cost

It's hard to beat the look of custom-installed stair railings, especially if your staircase is a focal point in your house, leading right up from the main entry or living room/great room. As you know if you've priced these things, custom railings, balustrades, and similar architectural features can be pretty expensive. I found a company that can give you the look of custom work at a more affordable price though.
Cardine Studios has an ironwork panel and baluster railing system with many designs (there are more than 8 pages of pictures up on their site). The panels can be fitted to your new or existing staircase, whether it's curved or straight, with open or closed stringers. The pieces are still hand-forged, but they don't need to be installed by a pro, which obviously cuts down on costs. You simply order the "easy to install" panels, which are hand-finished with antique black or natural wax, and hire a local contractor to do the installation.

Luxury Homes Search

Here for the first time you can find all the Exquisite Hi-End Properties in Berks County in one Search... The search is done, just click the link.