When you think of homes that have been deemed ‘luxury’, what springs to mind? Possibly a larger house with a fancy pool, multiple bedrooms, a home theatre perhaps? While this may continue to be true of many luxury real estate listing in 2022, the new generation of homebuyers looking for luxury real estate have completely different ideas and needs in mind then what has come to be known as luxury property, most of which can be accomplished today by the average homeowner, making their space feel more luxurious.
Continue below to see what ‘luxury’ refers to today!
Land and Views
More desirable than the lavish swimming pool or master chef inspired kitchen is the desire to have a fair amount of land with views of surrounding landscapes. Since luxury real estate can mean several different things depending on location, what sells as luxury along the Western Slope is emphasized by picturesque views of our natural landscapes paired with at least one acre of land.
Open Floor Plan
Instilling a seamless flow between rooms of your home constitutes a huge plus for people buying and selling luxury real estate! Probably a bi-product of the pandemic, people want a more open space that keeps most areas of the home easily accessible and visible from the main gathering points of the home, like the dining room or living room. The more open floor concept you have in your home ultimately makes the home feel bigger and more spacious!
Although pools still rank within the top ten of luxury home amenities that buyers are looking for, having a dedicated home office outranks even that! Yet another possible bi-product of the pandemic shutdowns, having an area specifically meant to be used as a home office is a crucial point for this new generation of buyers. As more and more jobs are becoming accessible remotely, the younger generations are much more attracted to dedicated home offices than previous generations of buyers. Do you have a spare bedroom or den area that isn’t being utilized? By turning it into a home office, you can potentially increase your resale value by 8%!
During the shutdowns, many people found that their interior space was seriously lacking in something that we all take for granted; natural light. As biophilic design becomes mainstream, having a fair amount of natural light is imperative to keeping interior spaces fresh and green. Paired with curved walls and features, the people in the luxury real estate buying market today are especially interested in interior space that is not only attractive but mimics the landscape and environment that the house is in. Adding textures and contours to your interior space can vastly improve the feel of your home and potentially increase market value when it comes time to sell!
To achieve that level, and deem your property as luxury, is not out of the realm of possibility for most homes! With just some added flavor and touchups here and there, achieving this level of status is much easier to do in this day and age!
Do you have a property you are looking to sell or are you currently in the market for a new home? Call us today to speak with a member of our team and experience the Vertex Vantage!