In any case, you may want to consider other types of flooring, such as luxury vinyl planks.

Fishtown caps its New Construction Home Sales at roughly $500,000. “412 Luxe” is comprised of 32 Luxury townhomes, not condos, which you elude to.

About a month later after marketing I received a call from an absentee owner and she wanted to sell a luxury property and she is willing to entertain offers (as she did not receive any offers and only had 3 showings for the 4 months it was on the market).

Keep in mind I do not have the luxury of spending days driving around to learn the market (unfortunately everyone recommends this, so I will have to be extra careful with online research instead) Thank you for taking the time to read this lengthy post.

Some, even luxury, which would cost you $400+ per night.So, for an average, annual maintenance fee of $500+, it makes some degree of sense, but if you go into this with the thought of it being a viable investment, don't!

Then again if you have 20 war zone properties, you might be able to up your income and save a headache with 10 luxury spots.

The market was such that people were completing refurbish on older 1950's homes only to see them torn down in favor of two story mini-mansions.

**Side note....be careful not to spend too much money on an interior designer if you're not in the luxury market.

Some area go from luxury to mobile home in the matter of a few blocks .

Its a freakin mansion.