Austin Real Estate  Local Investor Puts Luxury Home On The Market

If you are looking for luxury in the Austin real estate market, have a look at the $9.25 million home recently put on the market by an Austin investor, Willard Hanzlik, and his wife, Cordelia. It is a beautiful and modern home with 9,090 square feet and it is currently one of the top ten most expensive homes in the Austin real estate market. The Hanzliks home was built in 2002 on a twenty acre lot that is thoughtfully landscaped with native Texas plants. With large windows, high ceilings, and a mixture of modern and natural elements throughout the home, it is a very inviting space for those who enjoy entertaining friends and family.

More Million Dollar Properties for Sale in Austin

For over a million dollars, potential buyers will literally live in the lap of luxury. The West/Westlake area of Austin offers several properties well into the millions of dollars with up to three stories, six bedrooms, sprawling lots, and over seven-thousand square feet of living space. These contemporary castles have so much to offer that if you are fortunate enough to be able to purchase one of them, you will feel like a celebrity or the king of your own palace.

In the Central Austin area, $5 million dollars will get you a lovely waterfront home with features such as a guest or boat house, a salt water pool, and about five-thousand square feet in the main home. A lot of care has been put into every detail of these luxurious homes, and they are worth every penny.

Average Buyers Can Have A Bit of Luxury, Too You do not have to spend millions of dollars to find your perfect home in Austin. Starting for under $350,000 buyers can find luxurious features such as a master suite, unique slate showers, cobblestone driveways, jetted tubs, gourmet kitchens with stainless steel appliances, and more. When purchasing Austin real estate, potential home buyers really get their moneys worth. With a median home price of $312,500, Austin home buyers do not have to choose between luxury and affordability.

The Austin Real Estate Market Although, not surprisingly, the Austin real estate market is slower this year than it was in 2007, there are better prices and more appealing deals that are keeping potential home buyers interested. For the past few months of 2008, the inventory in the market has been decreasing which is a sign of a strengthening real estate market. It is still a buyers market overall however, Austin real estate is weathering the storm much better than comparable cities throughout the nation. Homes that are listed for under $150,000 are not doing as well, though, compared to homes priced right from $150,000 to $400,000.

As specialists in the Austin real estate and Austin condos markets, VIP Realty offers in-depth market analysis and updated news, working as the forefront Austin discount real estate broker.