Luxury Trends in Real Estate to keep an eye on

Like most homes, luxury homes need to be functional and aesthetically pleasing. Here are seven luxury trends home buyers want or homeowners are putting in their homes for their enjoyment

1) Focus on Wellness.

Luxury tends to be a luxury, but it shouldn’t be a luxury to maximize outdoor space with outdoor kitchens and space for outdoor gatherings. There is a new emphasis on cooking food from home and consuming less processed foods. Homeowners are putting water into their homes like fountains. The soothing sounds of water features create a tranquil atmosphere that is perfect for relaxation. Depending on where you live in the world, outdoor gyms have become a more popular luxury item, and if you live in a more seasonal area where outdoor gyms are not something you can do all year round, creating an outdoor gym area where you can bring the outdoors in when the weather allows with sliding windows and when elements are more relaxed having an excellent view while getting your zen on. Other luxury trends found in homes include cold plunge pools and infrared saunas. Homeowners prioritize health and want to create a loss of stress-environment and promote wellness in the house.

 

2) Thinking Beyond the Pool.

Pools have often been sought-after features that luxury buyers want, but what has changed in pools is that pools are no longer just the focal point. Today luxury trend, luxury homes have outdoor kitchens, fire pits, hot tubs, and outdoor bars. The pool area is an extension of the home entertainment area.

 

 

 

3) Firepits are a must in luxury homes.

Firepits offer a gathering place during the cooler months. They provide a stunning focal point and extend the usability of outdoor spaces into cooler months.

 

4) Privacy and Security

Privacy and Security have always been important to luxury homeowners and buyers. Their home has been a sanctuary, and like most sanctuaries, you must feel safe. Privacy and exclusivity are not just excellent to have. They are required features. Gated communities and private docks have become highly desirable, with buyers willing to pay a premium for direct water access.

 

 

5) Curb Appeal remains critical.

Strong curb appeal still holds value. High-end pavers, elegant lighting fixtures, exterior finishes, extensive lawns, and sophisticated landscaping, including uplighting, are all part of the curb appeal that luxury buyers and homeowners want in their homes. It’s a luxury trend all buyers and homeowners want. 

 

 

 

6) At Home Entertainment.

Luxury buyers and homeowners realized that they only sometimes need to leave their homes to be entertained, and this trend continues even after covid. Luxury homes often feature lower-level recreation areas with home theaters, gyms, bars, secondary kitchens, and hobby-specific rooms like basketball courts, ice hockey rinks, ballet studios, soundproof music rooms, wine rooms, glam rooms or even social media rooms, Artificial turf putting greens and pickleball courts. You might even find this luxury trend in lower-priced homes, but especially in luxury homes. 

 

 

 

7) Utility and Function Take Priority.

Luxury homes need to be as functional as they are aesthetically pleasing. This means a house might have multiple laundry rooms, butler’s pantries, food prep areas, and home gyms. It also has home offices that allow top executives to do everything they would do in their office from home. Today, homeowners are using their homes more, and covid started the trend, but this luxury trend is a trend in all homes. Some elements will show up in all homes. 

 

 

 

 

 

Some of these luxury trends your home either has it or doesn’t. You can’t move your inland home and bring it to the water,  but many of these trends you can do on a large or small scale. Some trends fall out of fashion, like shiplap and open-concept kitchens. You want your home to look timeless. Trends are constantly evolving, and what people want then, like pickleball courts, might not like them now because of the noise the balls create. Focus on the trends that are likely to have longevity.  If you’re looking for a new home with these trends in mind or thinking of declining rates, now might be the time to sell. Contact me. I am happy to help buyers and sellers in Massachusetts and New Hampshire, and if you are looking beyond these areas, I can put you in touch with an agent who can serve you in the market of interest. Contact me