PHILADELPHIA, PA, September 04, 2013 /24-7PressRelease/
-- Chad Roffers, Concierge Auctions head of client services
, has been involved in the sale of countless impressive luxury properties. Real estate assets attract interested investors for numerous reasons, ranging from incredible features to historical value. In many instances, both of these factors are involved in the sale of a property that is associated with a celebrity. A recent article
published by Today showcases how an already beautiful property can experience a surge in interest and value if it had once been inhabited by a star.
Taylor Swift, an incredibly popular country music singer who has excelled in both singing and songwriting, grew up in a home in Reading, Pennsylvania. The house itself is a highly desirable, fully restored residence with six bedrooms and 5,050 square feet of living space. But the fact that Swift grew up within its walls has sparked a surge of interest in the property--and an impressive return on investment for its current owners.
The article explains: "Now a little piece of Swift's back story is up for grabs: Her former home at 78 Grandview Blvd., Reading, Penn. 19609 is for sale for $799,500. The current owners bought the house in 2007 for $480,000, shortly before Swift made it big."
While the owners did not know who the former resident was at the time, the article reports that fans began showing up at the property to take pictures. The current owners have capitalized on the fact that Swift spent time in the house, listing key features and associating them with Swift's childhood. The article states: "The listing takes advantage of the residence's past fame, describing a 'bright study' with fireplace where Swift played her guitar."
Chad Roffers, Concierge Auctions head of client services, explains that the appeal of celebrity-owned homes is, generally, the same as the attraction that some people have to historic properties. "Ultimately, someone who matters in this world--matters a great deal--lived in this house," Roffers asserts. "Because of this, the value of the property has skyrocketed. Living in a home that was once owned by a celebrity helps people feel closer to a piece of history in which they are interested. For instance, this property may be bought by a fan of country music who loves the house even only for its contribution to the upbringing of a star. Likewise, history buffs might be interested in a home that was once owned by an antebellum settler who helped establish the economy in a certain city or state."
Roffers goes on to explain that Swift's childhood home is certainly a beautiful residence on its own, but that the fact that she grew up at this address is certainly a factor that raises the property's market value. Chad Roffers, Concierge Auctions head of client services, encourages individuals who are interested in luxury and celebrity-owned properties to reach out for more information about today's market.
Chad Roffers, Concierge Auctions head of client services, is a highly experienced real estate professional who excels in providing clients with guidance regarding the buying and selling of luxury properties. A member of the National Auctioneer Association and the National Association of Realtors, Roffers helps clients navigate the auction process while providing them with invaluable information regarding the luxury properties in which they are interested.