Technically speaking, local real estate brokers consider a home “luxury” in the Milwaukee area if its expected value on the market is $500,000 or more. This value is based on location, home condition, local market conditions, and space (room numbers, types and square footage). However, a true luxury home is about more than sale price. A true luxury home not only has a specific price tag, it also delivers a lifestyle of comfort and enjoyment created by the homeowner - and one that can be a magnet for the right prospective home buyers.
I’ve been in real estate for more than 17 years and have sold and bought thousands of homes for my clients. So believe me when I say I’ve seen A LOT of homes valued at $500,000 and up in the Milwaukee area, especially the North Shore and Wauwatosa. I’ve fallen in love with many of them because of a feeling they create and because of how someone (typically the current homeowner) has taken a room and turned it into a space you don’t want to leave. Yes, it’s partly floor, finishes, paint and furnishings, however, there is typically a feature (or features) that steals the scene - from deep soaking tubs to wine cellars to bedroom fireplaces and more. Here’s a sneak peek at five scene stealers in five luxury homes currently on the market.
1. An Entertainer’s Dream @ County Line Road in River Hills
If you want a home where comfort and entertainment for a large group is important, step into this main living area and get your breath taken away. When you add eight Viking burners with two ovens, a space large enough for a dining table that seats 14, a lounging media area plus a more formal sitting area with fireplace, you get a space for daily living and larger group gatherings that is beyond special. And I couldn’t leave out the master bath – that shower!
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