Published October 28, 2024

7 Luxury Real Estate Trends to Watch, Even If You Can't Afford it

Author Avatar

Written by Michael Riordan

7 Luxury Real Estate Trends to Watch, Even If You Can't Afford it header image.

We can't all afford a luxury home, but we can dream, can't we? A recent article in U.S. News and World Report highlighted the trends that are attracting high-end buyers these days.  Here's a breakdown of the latest trends shaping luxury properties:

Focus on Wellness

Luxury homeowners are investing in outdoor spaces designed for relaxation and well-being, with features like outdoor kitchens, water fountains, and custom gyms or yoga spaces. Cold plunge pools and infrared saunas are also becoming increasingly popular as wellness takes center stage in home design.

Entertainment Beyond the Pool

Pools remain a staple of luxury homes, but now they’re being complemented by outdoor kitchens, bars, and fire pits to create comprehensive entertainment hubs.

Fire Pits and Fireplaces

Custom fire pits and outdoor fireplaces are in demand, offering both aesthetic appeal and the ability to enjoy outdoor spaces year-round.

Privacy and Security

Privacy is a top priority for luxury buyers, with many seeking homes in gated communities or waterfront properties with private docks for added exclusivity and security.

Curb Appeal

High-end curb appeal is crucial, with buyers looking for homes featuring upscale landscaping, outdoor lighting, and durable paver driveways that maintain their look for decades.

Advanced At-Home Entertainment

Luxury homeowners want fully equipped recreation spaces, from home theaters and gyms to custom rooms for specific hobbies like wine rooms, basketball courts, and even pickleball courts.

Utility and Function

Functionality is key, with multiple laundry rooms, butler's pantries, and dedicated home offices becoming essential for work-from-home executives and large families.


home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way