The word luxury brings to mind plenty
of conveniences such as, pools, saunas, in-home gyms, backyard tennis courts,
game rooms, and fully-stocked kitchens. The motivation to buy a luxury home
isn’t simply conspicuous consumption. What matters for consumers today is the
experience a home offers, and, quite frequently, amenities make that experience
possible. Today, the number of amenities that can be incorporated into homes
has increased exponentially.
Bigger used to be better in the luxury-home market. Not anymore. These days, buyers of million-dollar homes want less square footage than in years past. Status is no longer predicated on size of home, but more location and amenities. The more the better, with high-tech, outdoor living spaces and professional-style kitchens leading the list.
Here are some of the must haves that you need to consider while going for multi-million dollar homes:
Here are some of the must haves that you need to consider while going for multi-million dollar homes:
THE
SMARTHOME
Technology is an inevitable part of everyone’s
life today. And this applies to home owners too. Nowadays it’s possible to be
able to control your entire home from your iPhone. Lock or open your doors,
turn on your air conditioning, dim your mood lights, and even watch your
security cameras all without having to lift more than a single finger.
OPEN
FLOOR PLANS
“Open” floor plan exactly, but it’s the
buzzword that everybody wants. Grand entryways with large two-story staircase
and expansive, airy open floor plans are wanted by many home owners.
OUTDOOR
LIVING
Some 40 years ago, outdoor living meant
camping. Pools and tennis courts have
been traditional luxury mainstays, but outdoor living is an entirely new
concept, dramatically altering landscapes and turning the land surrounding the
house into a kaleidoscope of gardens, terraces and patios for adults and
children to play. Meditation gardens are designed for yoga; and simple cottage
gardens evoke childhood memories.
WATER
BODIES
One of the most expensive homes sold in
2010 featured a swan pond. Koi ponds, fountains and waterfalls enlivens sight
and sound. On everybody’s wish list are cocktail pools — small pools that look
pretty and are the ideal backdrop for drinks.
ENTERTAINMENT
State of the art movie theaters are
becoming more and more prevalent in multi-million dollar homes. Home owners are
also looking for amenities such as indoor basketball courts, indoor pools, and
lavish sports bar set-ups that feature televisions and liquor storage.
LOCATION
Location is the crown jewel of home
ownership. Everyone desires their little piece of paradise, whether that means
a gated community, acres of land between you and your nearest neighbor, or a
private beachfront. Some people enjoy living in a private location away from
prying eyes, whereas others enjoy the hustle and bustle of everyday life.
Building your home where your feel most comfortable is a must in the decision
making process.