The other day on Twitter I came across the words "affordable luxury." That idea seems like a stretch to me, sort of like "free shipping", so I did a Google search to see what I could find out about affordable luxury.
First, I found that most things that are sold as affordable luxuries are automobiles and vacation resorts, but the concept fits everything else, too. (Apparently that's a big selling point in those two markets.)
Second, I found that the difference between luxury and affordable luxury is simply a lot of money and perhaps no difference in quality.
That definition really makes sense to me, and it's easy to apply it to building a new home. For every luxury product available for new homes, there are a dozen similar products with equal quality for less money. It's true about flooring, windows, doors, exterior finishes, counter tops, cabinetry, bathroom fixtures... the list is endless.
The trick is to know how to find affordable luxuries.
Real luxuries are known to us through advertising. The big name brands spend a bundle to make sure we recognize their brands and that we also recognize their quality. But how do we shop for affordable luxuries?
Here are 3 tips:
- Know your budget. How will you know if it's affordable for YOU if you don't know your budget? Write out your price range, take it with you when you shop, and stick to it.
- Know your values. Write out the qualities you want before you go shopping. Do you want super durable or something with lots of WOW? Know before you go.
- Simply ask. Most people ask salespeople about price, but salespeople (and vendors) know their products and can give you some great insights. Ask them about best value instead of best price.
Affordable luxury really means trading a big-name brand for a lesser-known brand of equal quality. It's the quality that will give you the luxury feeling that you're looking for, not the brand.
Missouri Land Company understands affordable luxuries. Matt and his team can show you ways you can save money and still have the home of your dreams.
What about you? What luxury items would you like in your new home? Have you found an affordable luxury that you love? Share it with us!
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New home sizes continue to decline and you can blame it on the economy. Home loans are requiring 20% down, so smaller, less expensive homes are easier to purchase.



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