As most Americans are busy putting holiday decorations away it’s also the time of year that often inspires people to do a little extra cleaning, organizing and a touch of redecorating.
The luxury market tends to be a trendsetter and offers us a peek at some of the more indulgent extravagances that homes can have. According to luxury real estate experts, 2018 will bring forth an eclectic combination of high-end elegant elements, with strong influences from nature and technology.
Let’s take a moment and look at what the luxury market is bringing into the New Year.
If the eyes are said to be the windows into the soul of a person than the kitchen is a window to the soul of a home. This is no different in a modern luxury home. The kitchen has always been the center of the home; the kitchen very much remains a focal point.
The huge surge in popularity of cooking TV shows has led to many luxury homeowners being inspired to rethink their kitchen spaces and move towards a kitchen space that is more communal and ‘performative’.
In 2018 we are likely to see walk-in fridges, industry standard ovens and farm-to-table elements.
Bring the Outdoors In
Luxury homeowners tend to be environmentally conscious. Luxury architects anticipate that in 2018 we will see the use of all-natural building materials (hardwood, bamboo) and nature-inspired color schemes and the incorporation of natural elements such as plants (even to the extent of creating plant covered walls) and rocks.
In addition, we will likely see homes with natural wood ceilings and the continued use of recycled wood used throughout.
Bathrooms with a view
In a time when technology has taken over just about every aspect of our lives; for the individuals who can afford luxury homes and the extravagances that come with them, any available free time is a cherished commodity. This has placed an increased value on Zen elements that turn the home into a personal oasis.
Luxury bathrooms are more spacious, offer natural lighting, smooth glass surfaces and views of city skylines if available.
At-Home Sauna and Personal Gyms
One of the most enduring trends in luxury real estate has been the inclusion of exclusive amenities into the home, eliminating the need to go someplace else for them. With the inclusion of a personal gym and at-home sauna, luxury homeowners enjoy the medical benefits without leaving home and save valued time.
In 2018, say goodbye to the walk-in closet and hello to the dressing suite. A dressing suite can be as large as a bedroom and can accommodate the equivalent of about seven clothes and shoe racks. Think candelabras, ambient lights, and vintage furniture and luxury decorations. This trend was started by celebrities and will not go away anytime soon.
Rooms for Pets
If the average homeowner can only allocate one small corner of the room to their pet, the high net-worth individual doesn’t back down for setting up an entire room with facilities that match the ones in luxury pet hotels. It is not uncommon for these clients to look for houses where a special pet room has already been set up. This room should include one or more pet beds, a feeding corner and the larger part of the room is a play area. Depending on the pet, this is where you can include things like a mini-gym, scratching pole, cat towers and even a TV.
Whether they are Internet celebrities that make a living from streaming or executives in tech companies, fans of luxury real estate definitely want their homes to include a large gaming room.
The Rise of the Smart Home
In many ways, technology has always been central to emerging luxury home trends and as new technology emerges luxury homes will be the first segment of real estate to incorporate this into the properties.
The trends mentioned above are, of course, but a handful of the ways luxury homeowners are making their properties their own. And just as a fashion show in New York influences the trends to local retailers so does the luxury real estate market influence the entire real estate market. Our homes are representative of who we are and where we feel comfortable living.