Author Archives: Shane Clark

What is a luxury home in today’s market?

The term luxury in real estate has undergone a dramatic shift. Once synonymous with a million-dollar home, today’s luxury threshold starts much higher, influenced by soaring prices, inflation, changing buyer expectations and regional disparities. All these factors have redrawn the map of high-end living.

The luxury tier used to begin at just over $1 million — a figure that in most areas today will just buy a “normal” home. In most areas, luxury begins nearly three times above the median home range. The high-end segment is about at least a million over that median price number and the ultra-luxury properties, those in the top 1 percent, can start at 5 to 10 times over that. It’s a rarefied space, yet there are a substantial number of buyers…..

The disaster that almost happened

The buyers really loved the house but as always, I recommended a whole slew of inspections. The listing agent said that the plumbing lines had been redone but I insisted on a sewer line inspection for my buyers.  After all the driveway was 450 feet long and so was the sewer line! We only saw two cleanouts but with a line that long, there needed to be 5 cleanouts.
So the plumber came with his camera and tried to do the inspection to find that the line was clogged. Watch the video here:

https://www.instagram.com/reel/C-DjEz_vQue/?igsh=MWQ1ZGUxMzBkMA%3D%3D