Modern-day Luxury: Features Luxury Homebuyers are Looking for in 2019

luxurious living room space

When homebuyers shop for luxury homes, some amenities are a given. But as consumer demand shifts from materialistic to experiential needs, homebuyers also start to look for more modern features in luxury homes. From interior details like guest suites, pools, and fancy kitchens, luxury homes now offer a different kind of living that is more than just a sum of its physical amenities.

Here are some of the features homebuyers look for in luxury homes today.

  1. Privacy or Exclusivity

Luxury homes are commonly located in upscale neighborhoods, and these villages provide homeowners the exclusivity they want. Premier neighborhoods often offer exclusive access to parks, pools, and other establishments. Sometimes, they’re also conveniently located in proximity to upscale retail stores and high end restaurants.

The higher the price point of the house is, the more features and privileges buyers expect from it. Having exclusivity only drives the point home that they spent more on a property.

Luxury homebuyers also don’t want neighbors and passers-by freely walking up to their front door. So they want gates, walls, and hedges to give their homes a little more privacy. But these must be aesthetically pleasing, so no chain-link fences or unfinished walls.

  1. Smart Security

In addition to privacy, there is the security element. People want high-tech security to safeguard their valuables, whether this comes in a form of smart home security systems, CCTVs, alarms, locks, doorbells, and motion sensors. But the next-generation high-end home security has even more advanced technology.

Biometric access stands front and center of smart security. Some luxury homeowners take it up a notch and install personalized “bat caves,” safe rooms, bulletproof windows and shutters, and laser curtains. Although these measures may be excessive for some, they may prove necessary to prominent celebrities and personalities.

luxury home with front yard

  1. Outdoor Living Spaces

Outdoor living spaces provide a variety of functions, especially for people who have the resources to transform these into anything they want. Homeowners view their outdoor spaces as valuable parts of their property that demand to be enjoyed to the fullest.

Luxury homeowners have the choice to use their outdoor space as a garden, a lounging area, a receiving area, or a spot for get-togethers. More than just a patio or a pool, amenities now include outdoor kitchens and upscale outdoor furniture, so hosts can prepare meals and entertain guests without leaving the area.

Fire and water features are also in demand among luxury homeowners. Floor-to-ceiling glass windows and doors that allow panoramic views and open out onto the patio are also prominent as they combine form and functionality.

Instead of one large patio area, homeowners are looking for multiple outdoor spaces that they can customize according to their needs. This way, they can have a balcony, a detached guest house, an annexed home office, and a small area for more intimate socializing.

Homeowners spend large amounts of money on their luxury homes, so it’s acceptable for them to want to enjoy their investment to the fullest. This information is helpful for those who are planning to put their house on the market, as well as to homebuyers who want to make sure they get their money’s worth.