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What is a "high-end" house?
This is never more true than when looking for properties in "out of the way" locations such as mountain or resort destinations.  Of course, it is also determined by personal opinion.  Bryan Robertson may be a real estate agent in Los Altos, CA but his comments will ring true for those looking to buy Blue Ridge GA real estate as well. 
What constitutes high-end varies greatly from one market to another.  The term high-end has many synonyms including luxury home, mansion, and estate home.  Even within Silicon Valley, what constitutes high-end in San Jose would be entry-level in Los Altos.  High-end is a relative price that  typically starts at 150% of the average sales price in any given market.  That's a rule of thumb but it generally works in most markets, but down to the town level - not necessarily larger geographic areas.
In Los Altos, the average and median prices are about $1.7 million which puts the "high-end" of the market at about $2.5 million.  That's about right.  The level of quality and size goes up substantially once the price goes over $2 million and by the time you get to $2.5 million, you get a home with 3000-4000 square feet ... more

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