What defines a luxury home? Is it price or amenities? There is no checklist that can define any property as luxurious though many features are common among upscale properties in major U.S. cities. Topping the list is prime location and that is the top draw in most cities across the United States.
The interior usually has unique high-end finishes such as marble countertops, professional-quality kitchen appliances and customized closets. But not every property is the same and it is the uniqueness that separates these homes from the rest of the market.
What The Market Expects
As professional younger buyers head into the market, high demand for the latest features and technologies are more prominent. Just like everything else that is updated and modernized; it’s time to recognize what luxury means in an age where technology is becoming a necessity. It is time to define luxury in a day and age where possibilities remain endless. No matter what the market you reside in, luxury features can be an addition to any home, making it readily marketable for the most lucrative offer.
Install the Right Smart Systems
If you are planning to put your home on the market, no matter which price range you happen to fall under, it is crucial to be prepared for a younger tech savvy audience. Many homebuyers are becoming increasingly aware of the benefit of being connected to their home. Wifi devices have enabled an entire set of homeowners to become connected to their home in ways that have never before been possible.
Nest thermostat allows you to become connected to your homes temperature directly from a smartphone. You can program this device to automatically change temperatures at certain times during the day.
Scanalytics allows you to connect data from sensors placed around your home. These sensors can be used to adjust other parts of your home based on sequences that it identifies, such as, automatically turning the TV on as you walk into your living space.
Doorbells now give you an opportunity to speak with someone who is standing outside your door when you are out of state on a business trip. There are many alert systems that will let you know exactly what is happening inside your home when you’re not. Here are some more ideas on how to improve your home to attract a buyer.
How to Plan Your Home For a Sale
Trends are important to the home selling process. If your home is not up to date on the latest cosmetic trends, then it could cost you a sale. It is up to the homeowner to heed the advice of their real estate agent and take care of any minor details that could benefit the high probability of a quick and guaranteed sale. The market is setting the standards, and nowadays there are straightforward, direct things you can do to your home in terms of updating it.
Modernize the Kitchen
Most buyers see the kitchen as a deal breaker. With some minor upgrades, you can turn your kitchen into the space that allows a buyer to consider your home as their next purchase. Modernizing cabinets and appliances go a long way with people looking for a home. It is also important to keep your eye out on what color trends are currently being set when it comes to a modern kitchen.
New flooring can have a homebuyer ready to purchase your property turn-key. It is one of the most clear first impressions on a buyer when they step foot into your home and is a crucial aspect to their decision in making a purchase. Wood floors seem to be a main appeal to buyers looking for a modern look in their home. Consistency in flooring is very important and can matter more than the actual flooring itself. If you plan to upgrade on floors while you are enjoying your home, try to spend more on an upgrade in the eventual possibility that you will put your home on the market in the future.
How About a Luxury Bath?
Bathrooms are a draw; although it isn’t the center of the home, buyers do factor every space into their decision. Having some luxury features, fixtures and vanity does add to the initial wow appeal. So, be prepared and enjoy your home and upgrade when you remodel so you are ready to eventually market your beautiful, luxurious space.