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Just because an apartment is listed as luxury doesnt mean its truly luxury.
True luxury is more about the total package than just surface-level aesthetics.
Ideally, luxury real estate should offer top-quality construction with timeless design and exceptional amenities in an enviable location.
Here are some key signs that a luxury apartmentisnt worth the higher price tag.
Privacy is de rigueur at the top, Walkup said.
If it’s possible for you to hear your neighbors watching Netflix, youre not in a luxury building.
Laminate Flooring
If the builder skimped on the flooring, its not a true luxury apartment.
If your floor is peeling, your apartment likely isnt luxurious.
Especially important in the kitchen are the countertops and backsplash, she said.
Walkup said to keep an eye out for certain brands that indicate atrue luxury unit.
Lack of Amenities
Amenities are a hallmark of a luxury building.
If the gym is a treadmill in the basement, youre not in a luxury building.
People dont want to start building closets or even rent a storage space somewhere.
Another sign an apartment is not worth the premium is one with few windows, Roberts said.
No one is going to consider an apartment luxury if its not light and airy with plenty of windows.
The quality of the windows themselves also matters.
What are they made of?
[Are they] double or single pane?
saidAdjina Dekidjiev, a broker with Coldwell Banker Warburg.
Double-pane windows provide better insulation and noise control.
Some luxury homes windows have UV protection as well.
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