What is Considered a Luxury Home?

In 2022, average home prices are on the rise. Luxury homes are popping up all over Texas, but what is considered a luxury home? Usually, a luxury home is a home that is above median price range. This could mean it’s about $500,000+ in Texas. As an example of what is considered a luxury home, check out our latest home tour of this luxury modern home in Dallas Texas.

About This Dallas Million Dollar Home

Nestled near Highland Park, there is a neighborhood that is being completely renovated. The homes in Greenway Estates are a mix of mature homes with quaint touches of the past and big, bold, modern luxury. This is very similar to what is happening in many major cities around the United States.

This luxury home in Dallas is a 4 bedroom, 4 bathroom, 6,272 sq. ft., modern masterpiece built by Crutchfield Custom Homes. Another important aspect of luxury homes is the size. A beautiful floating staircase at the entrance of the home takes you up to the second story where there are wrap around balconies, an office, a Jack and Jill bathroom, and plenty of open space.

What makes this luxury home even more special is the additional detail. The oversize garage has plenty of storage space, plus the kitchen has two large kitchen islands, each with a sink!

Features Considered for a Luxury Home

The features considered for a luxury home include modern details like subtle designs for air vents, large countertops and kitchen islands, higher-end stainless steel appliances, large garages, vaulted (high) ceilings, and modern, sleek color patterns like blacks, grays and whites.

It’s important to note that luxury homes come in all styles and the more expensive a home is, the more features that will be included. A luxury home may also come with more land and an expansive backyard. Our favorite features of modern luxury homes are the light fixtures.

A great light fixture goes a long way! Here are some photos of great luxury features that are great to keep in mind when thinking about purchasing a luxury home.

Ready to find a luxury masterpiece for you and your family? Our team specializes in $500,000+ homes on at least .25 acres! Call or Text 214-441-6457 to chat with us today or set up a call to meet with us at

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