The Value of Creating Clients Dream Home vs. Market Value

REFLECTION

I often get asked about the value of creating clients dream home vs. market value.   I always say, it’s personal.  Will your family thrive? Will you have years of laughter and memories? But here’s the other side of the question.  

 
Two exceptional properties have recently hit the listings, poised to redefine luxury living in our town. Daybreak at 88 South Mountain Avenue listed for $7,499,000, and 159 Gates Avenue listed for $8,500,000.  Both meticulously updated since they were purchased and now primed to become record-breaking sales.
 
As this recent article from Montclair Local points out, Montclair's real estate market reveals a fascinating evolution in buyer preferences and market dynamics. Historically, a sale over $3 million was considered a rare luxury, yet now it has become the new standard, eclipsing the previous benchmark of $2 million. This paradigm shift underscores the escalating demand for high-end properties in our town.
 
As the median sold home price in Montclair stands at $1.1 million, it is evident that our town continues to attract discerning buyers seeking unparalleled quality of life. The allure of Montclair's vibrant cultural scene, exceptional dining options, and rich artistic heritage further reinforces its status as a premier destination for luxury living.
 
Purchasing a home in Montclair continues to be an investment in lifestyle, community, and legacy, as well as a solid financial investment.   As trusted partners in architectural and design excellence, RHG A+D is committed to helping our clients realize their intentions and vision in creating spaces that are authentically theirs and improve the value of their real estate investment.  
 
If you are considering enhancing your home or embarking on an architectural project, we invite you to contact us to explore how we can bring your vision to life with creativity, precision, and unmatched expertise.