What is the difference between a luxury home and an ultra-luxury home? About $2 million, give or take. A luxury home is a property that is worth at least $1 million while an ultra-luxury home has a value of at least $3 million. So far this year, the sales of ultra-luxury homes and luxury homes have been beating past records.
In the ultra-luxury market, there have already been 23 sales in the Calgary region so far this year. Last year, a total of 16 were sold. There is still quite some time left in the year to raise the number of homes that have been sold so far in 2014.
The demand for these high-end ultra-luxury homes is growing. People are looking for condos, estates and everything in between. The driving force behind this high demand is the
…