Luxury homeowners are done with the flashy lifestyle accouterments and looking to go deeper. They’re seeking amenities that benefit their internal well-being beyond the finer things. Wealth and status are now being displayed more as investments in health and wellness and not so much as materialistic goods. Flashy amenities are still appealing for home buyers, but there are other key players in the amenities sector that are worth checking out.
At Platinum Luxury Auctions, we specialize in luxury real estate auctions and see a lot of our luxury properties featuring some of the amenities you’ll read about below. It’s a new era of luxury and it’s definitely worth seeing what all the hoopla is about. According to a report by Mansion Global, more high-end home buyers are ditching their flashy benefits like car-carrying elevators for more long-term, beneficial, serenity-inducing amenities. If you’re looking to buy or sell your property at a mansion auction, look out for meditation rooms, saunas, and sound baths as key features.
Luxury Home Buyers Welcoming Wellness
Personal wellness is an increasing cultural trend that shows no signs of slowing down. In the past few years, the search for the mind-body-soul connection through techniques, mantras, and tips, has been a constant across luxury property buyers in the US and the world. People are seeing the value of reaching a serene state of living, and it’s translating to their abodes. Private theaters and fancy lobbies are still in the mix, but there is an increasing desire for amenities that reflect a healthy, peaceful lifestyle.
Now more than ever, luxury property owners are going to mansion auctions with the goal of finding something that suits all their desires: physical, mental, and spiritual. Amenities like meditation gardens, yoga studios, enhanced gyms, and spas, are all up for grabs. Peace of mind is a huge commodity in the realm of luxury home buying, and that’s essentially what’s being sold–beyond the physical property itself. Luxury property sellers are all keeping up with this trend to adapt to a new demand in the market.
Luxury homes typically include premium amenities and conveniences of modern living. But referring back to the Mansion Global report, we’ve been witnessing a shift in what luxury buyers are seeking out for their new homes. Wealthy consumers aren’t so much spending on status symbols of material wealth, as they’re spending money on tools that can get them to personal wellness.
Whether it’s yoga retreats, fitness classes, meditation programs, or digital detoxes, health is the new buzz word and it’s staying for a while. Urban homebuyers especially are buying into this trend and investing in actual experiences to get them to that altered state of health consciousness. But don’t take this as the end all be all. They’re still interested in receiving the luxury experience as well, featuring all the luxury material rewards.
Depending on what you’re looking for, you can find something in a property that fits what luxury means to you. Try to clarify what amenities are musts, what are noes, and what are so-so. This will help you find what you’re looking for.
Gyms are just the beginning: the workout rooms of the future.
One Real Estate advisor at Sotheby’s weighed in on the health consciousness kick that affects real estate. Most of the amenities that are requested, she says, are a gym and roof garden, or outdoor space. People want fresh air and a place to sweat, especially in urban areas where those opportunities are sparse.
These gyms can’t just be your average with a treadmill and weight station. No. Buyers are looking for state-of-the-art fitness studios in their homes. They want good lighting, the latest equipment like Peloton Bikes, and technology that complements their workout.
Cutting-edge equipment is a desire across the US, especially in areas known for cleaner, eco-friendly living and recreation. A Denver-based real estate consultant mentions that buyers in this recreational wonderland are very health-conscious and outdoor-oriented. Many new buildings incorporate rooftop gardens, Pelotons, bike storage, and bikes available for borrowing. Some even offer a saltwater lap pool.
Tranquility pools, yoga rooms, and the new urban escapes
The changing times don’t stop at nice gym spaces. Peace of mind translates to places of sanctuary and rooms where buyers can explore and pursue their passions in the home. Speaking of sacred spaces, buyers want to feel that their home is a vacation spot. Art studios, hobby rooms, meditation, and yoga rooms, are all part of the new wave of health consciousness where people can commit to a digital detox, even for a short while, and get tuned into themselves. Quality time can be found here. At least, that’s the goal. The new home theater with state-of-the-art equipment is now a listening room where residents can surround themselves with ambient sound.
Today’s luxury buyers know what they want and aren’t settling for just luxury fancy amenities. They’re looking for an experience in their own home and a place to invest in their health and wellness. Developments are taking place as we speak to meet this demand in the market. Because of certain demands for more naturalistic elements, buyers are also keen to experience a garden potentially in their home. Lots of plants, eco-friendly gardens, and homegrown produce. Their own personal farmers’ markets. Typically, health-minded buyers are looking for what’s around their property, ie health food stores, farmers’ markets, yoga studios, bike trails, and carved-out running paths. Buyers aren’t just looking for an indoor gym and a place to park. They’re seeking a luxury lifestyle complete with unique amenities that satisfy their physical and mental well-being for years to come.
Luxury Real Estate and Wellness Amenities
If you’re interested in purchasing or selling a luxury property, consider this health and wellness trend. Today’s future residents are searching for an opportunity to live in a space that doubles as a sanctuary space, complete with meditation rooms, lush plants, and sky-lit seating areas. The inherent beauty is timeless and always appears above market value.