The demand for luxury homes continues to rise as the real estate market continues on its steady course. Although the market was initially limited to a certain target market, buyers are now looking for second homes and luxury real estate to enjoy their free time.
It is interesting to note that the definition of luxury varies from one place to another. According to Christie’s International Real Estate’s study, buyers looking for luxury homes had different needs in different markets . Take this example:
- Smart homes are a popular choice for luxury homes in Houston, Texas. Buyers are clamoring for houses with one-touch automation and amenities that allow remote access.
- Atlanta was a place where privacy and security were paramount. These homes are preferred over large estates that are more sprawling and less tech-secure.
- Townhomes in Cincinnati, Ohio are becoming the new luxurious homes. These townhomes offer rooftop terraces and large floor-to-ceiling windows that provide unobstructed views of Cincinnati’s skyline.
According to the same study Sarasota, Florida was ranked third among the Top Five Hottest Markets. This raises the question of what luxury is in Southwest Florida. It’s not an easy question to answer.
It is multi-layered, because people don’t look at one aspect when searching for the ideal luxury condo or home. These are some of the most sought-after features by buyers looking for luxury homes.
The beautiful beaches of Southwest Florida are a prize-winning area that is known for its beautiful sand. Many people move to Southwest Florida because they want to be closer to the beach. This is why custom luxury homes and luxury waterfront condos are in high demand.
Many buyers favor smart tech use in their homes. Convenience is a key factor. A fully-automated home is something many buyers want.
Buyers in Southwest Florida love green features such as water-saving flushing systems and solar powered thermostats, solar panel, solar powered outdoor lighting, and other solar-powered devices. These green features can be used in the sunny climate of Southwest Florida. Buyers also look for them to cut down on their energy bills.
The interior and exterior design of a home are crucial. Luxury homes have a greater impact on buyers’ decisions. Buyers are choosing decor that blends decadence and modernity inside the home. Large windows and large open spaces are a great way to enjoy bright and colorful themes. Incorporation of indoor plants and vibrant colors are also a popular choice. For privacy, wrap around terraces or outdoor living spaces are great options. A wall of plants or a screen of green plants is a great option.
Bathrooms that have large windows and allow in natural light are preferred. Luxury bathrooms are favored for their walk-in showers and sunken bathtubs. Skylights, mood lighting, and skylights are all options. Innovative glass, which turns opaque when it touches water or is touched by a button, is another example of smart tech being used in bathrooms. Also, bathroom amenities will be sleek and reflective. For their spa-like appearance, textured walls, floors, and countertops are highly favored.
Although large closet spaces are a necessity, buyers of luxury homes or condos will require separate walk-in closets. These closets will have an island for accessories, wall stands to hold shoes, racks for purses and hats, and even a dressing area. This is known as a staging area. The area will have large mirrors and perfect lighting.
INFINITY Edge POOLS
Although being close to the beach is important, buyers will often overlook it to get a pool that has infinity edges aligned with the skyline. A pool bar, in-pool waterfalls, heating, and outdoor spa tubs are all desirable features for Florida. A connecting pool that connects to the outdoor pool is another desirable feature. Automation of pool facilities is another option. This includes single-tap lighting, heating and cleaning options.
This post was written by a real estate expert from the Dotoli group. Josh Dotoli is Paramount Residences #1 Selling Realtor with nine sales in 2021, 3x more sales than any other Realtor selling in the building. The Paramount Residences enjoys a prime beach area location. It is a Ft. Lauderdale oceanfront condo located across from the beach. Looking for a Paramount Fort Lauderdale Floor Plans? Contact us today!