While there’s no exact definition as to what constitutes a trophy property, it usually has at least one, if not more, of the following characteristics.
Historical Significance
Having an exciting story behind the property gives it a special quality that cannot be recreated and adds to the appeal.
Grand Scale
Trophy homes usually have a breathtaking sense of grandeur that’s rarely seen in residential properties.
Unique Location
Whether it’s surrounded by mesmerizing views, or it’s the penthouse at the top of a luxury building, chances are the location is truly one of a kind.
Delivers a Lifestyle
A trophy home will commonly be full of all the high-end amenities that affluent buyers look for to support their lifestyles.