From wine cellars to home theaters, luxury properties offer some of the most unique and lavish amenities available on the market. But which features are most important to today’s prospective homebuyers? Understanding buyers’ wants and needs is crucial to selling your home quickly and for the most value.
Below, we’re discussing the top 10 most coveted luxury home amenities. Let’s take a look!
1. Smart Home Technology
For many buyers, smart home technology outranks square footage or sprawling acreage in terms of desirability. In fact, a well-designed and integrated smart home system is an essential requirement for many luxury buyers. Think voice-activated or smartphone-controlled sound systems, climate control, and lighting design features in every room of the house. Smart appliances, window treatments, and other amenities add to the upscale feel that prospective luxury homebuyers are looking for.
2. Gourmet Kitchens
Kitchens have always been stars in the luxury home world, and that hasn’t changed. The hottest luxury homes on the market today feature premium appliances and the types of features you’d expect in a well-equipped chef’s kitchen: Warming drawers, multiple dishwashers, wine coolers, and large refrigerators and freezers.
However, it’s not just about functionality – today’s buyers prioritize pristine, artfully-designed kitchens that double as entertaining spaces. Marble and quartzite countertops, for example, are in high demand. For buyers competing against one another in a luxury real estate auction, premium features like these in an extraordinary kitchen can make all the difference.
Guesthouses aren’t limited to large country estates anymore. In fact, they are increasingly common even among urban properties, where space is often at a premium. Whether offered to overnight visitors or long-term guests, guesthouses serve as welcoming, private escapes for visiting family and friends.
4. State-of-the-Art Fitness Rooms
Today’s luxury homebuyers tend to value wellness in a significant way. From home gyms featuring smart fitness equipment to saunas and spas, many buyers look for carefully-designed home fitness areas that create a studio- or spa-like feel.
5. Game or Theater Rooms
In-home theaters (or multipurpose rooms that turn into theaters for entertaining purposes) are another desirable feature of luxury homes. Some buyers prefer game rooms featuring billiard tables, poker tables, or other high-end entertainment features. While others look to emulate the feeling of being at the movie theater right in their own homes. No matter which option you choose for your property, these spaces are most attractive when they’re impeccably designed and integrated with the latest technology that makes them easy to enjoy.
6. Large Master Suites
Spacious master suites with en-suite bathrooms and an attached study or sitting area will set a luxury home apart from its competition. Many of today’s executives are working from home more often than ever, and having a spacious escape from the rest of the residence is of paramount importance.
7. Walk-In Closets
Walk-in closets have always been an attractive feature of high-end homes, with the most opulent options available only to the most affluent homebuyers. Luxury buyers often look for his and her walk-in closets in master suites. High-end walk-in closets often feature beautiful storage features for footwear and bag collections. Built-in vanities and soft, complementary lighting are also standard in these impeccable spaces.
8. Open Floor Plans
In newly-built luxury homes, open floor plans that allow for flexibility appeal to younger luxury homebuyers. Many of these affluent millennials have children, run businesses from home, and prize multi-use spaces. Kitchens that open to living and dining areas offer buyers the ability to entertain, host a business meeting, or facilitate homework help and dinner prep – all with ease and within the same square footage.
9. Eco-Friendly Features
For many of today’s luxury homebuyers, the use of green energy and Earth-friendly building materials are appealing. When renovating or preparing a luxury property to sell, any upgrades that feature eco-conscious alternatives to mainstream options will attract these buyers. Part of this involves home automation, which can drastically reduce energy consumption.
10. Outdoor Living Spaces
The world is moving toward a more holistic, wellness-centered attitude, and luxury homebuyers will be looking for ways their new home can facilitate an active lifestyle. In many cases, this means well-designed outdoor spaces – not just for entertaining, but for dining, relaxing, and working out, too. From swimming pools and tennis courts to outdoor areas that seamlessly integrate with their interiors, many features and characteristics satisfy this desire.
Selling a Luxury Home? Elite Auctions Can Help
Of course, each prospective buyer will have their own list of high-importance amenities. Additionally, some features, although possibly very attractive, simply aren’t feasible to add to a home to entice more buyers. The key, instead, is to emphasize your home’s existing most-remarkable qualities – and Elite Auctions is here to help.