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What Luxury Homebuyers Want

Posted by Donna Lundgren - Nocatee Welcome Center Manager

Nov 14, 2014 1:01:00 PM

According to a recent study of homebuyers by Realtor.com, only 13 percent of buyers are ready to purchase a luxury home, with another 26 percent considering it. With higher price tags come greater expectations in a home.

The Victoria by Standard Pacific at Nocatee in The Island at Twenty Mile

Amenities and features on luxury homebuyers’ wish lists include:  

A chef’s kitchen - even if you don’t cook, a chef’s kitchen can act as entertainment hub during family dinners or more formal parties. Induction cooktops, although not exactly new, offer cooks all the benefits of a gas range without any of the disadvantages

Views - from water to the mountains or cityscapes, 44 percent of respondents considered a view one of the most important features. New luxury homes available in the historic Twenty Mile  Nocatee communities will back up to lakes or nature preserves, and exude an old-Florida feel.

Square footage - although size is important to 38 percent of luxury buyers, another study revealed square footage could be sacrificed for features including a shorter commute and a desirable location

A sweet master suite - for 36 percent of respondents, a large master suite is key. These suites go beyond a spacious bedroom to include luxurious bathrooms with stand-alone tubs for soaking and open, spa-like showers.

Resale value - 62 percent of respondents feel that resale value is very or extremely important. According to a recent report by real estate advisory firm RCLCO, master-planned communities are believed to a smart investment for homebuyers.

Technology - another top priority for high-end buyers is intelligence in the form of tech. These buyers crave smart homes that they can control remotely via iPads and other devices. From remote control of locks and security systems to thermostats and other features, many new homes in Nocatee are built with Nexia Home IntelligenceTM or smart home’ Interactive HomeTM  technology.

 

Amenities on the Upswing

From building materials to closeness with nature, here are the luxury amenities that are trending up according to Trulia:

 

Laundry room by Dream Finders Homes at Nocatee

  •      Marble baths
  •      Roof decks
  •      Oversized windows
  •      Storage spaces 
  •      Terraces
  •      Floor-to-ceiling windows
  •      Marble floors
  •      Wine rooms
  •      Gyms

 

According to the same study, these features are quickly losing their luster in luxury homes:

  •      BBQs
  •      Hardwoods
  •      Plantation shutters
  •      Lush landscaping
  •      Custom cabinets
  •      Fireplaces
  •      Double sinks
  •      Stainless appliances

Of those actively looking for high-end estates, the majority live in the Northeast and South Atlantic regions. Forty percent of luxury buyers cited finding a property that meets their family’s needs as the biggest challenge in finding a larger home. Nocatee offers a wide range of upscale neighborhoods upscale neighborhoods to choose from, including custom estate homes and exclusive gated communities in secluded settings.


For information on new luxury homes available in Nocatee, visit the Nocatee Welcome Center or call 1-800-NOCATEE. 

 

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Topics: Design Trends, Master Planned Community, Gated Neighborhoods, Growing Families, Luxury Home Buyers, Smart Home Technology, Tech-friendly New Homes, Real Estate Trends, New Home Search, Established Families