Do you own property in the Bay Area and intend to sell it in the future? Perhaps you’re still in the beginning stages of your homeowner journey, so you’re looking for unique home amenities that set your home apart. Regardless of your circumstances, any buyer will look at what your property has to offer and whether it can support their luxury lifestyle.
Identifying the most popular amenities for home buyers is the first step when shopping for properties or improving what you already own. In this post, we highlight some of the best home amenities for luxury living so you can get ahead of your competitors. Consider this blog a checklist for boosting your property’s resale value.
Some Home Features That Buyers Love
Here are some special features that may boost your chances of securing a luxury home buyer.
Smart Home Systems
Equipping your property with modern technology means that whoever buys it will live comfortably. From automated light controls, high-end appliances, and temperature adjustment capabilities, offering convenience is offering luxury.
You would have extra points if you could assure buyers that the technology integrated into your home is green and environmentally friendly. This way, you can attract luxury home buyers who aim to minimize their carbon footprint.
Accessible Wine Rooms
Luxury home buyers tend to look for home amenities for entertaining guests and themselves. Wine rooms are some of the best ways you can help them with their search. These rooms can be great showpieces and highlight the owner’s eye for design and taste for good wine.
We’re not talking about wine cellars that homes have in their basements. Some of the best luxury homes with wine and tasting rooms are focal points in the property where guests can gather. Technology also keeps the room in perfect condition to maintain the wine’s quality.
Home Entertainment Centers
Luxury home entertainment centers are other must-have home amenities for families and guests. What sets them apart from regular home entertainment systems is that they are essentially private theaters.
Some features that meet the luxury standard include custom couches, mood lighting, and modern picture and sound technology. In addition, there should be access to snacks and game rooms, much like how movie theaters have arcades in their lobbies.
Home Sports Centers
Just like private home theaters, luxury home buyers will look for other sources of entertainment on the property, including sports courts. Depending on their preferences, buyers usually go for homes that feature basketball courts, golf courses, or tennis courts.
Sometimes, miniature baseball fields or indoor bowling alleys can appeal to buyers who have athletes or hobbyists in the family. They are also great ways to entertain their guests, which can get the attention of buyers who are eager to find extravagant ways to welcome their friends.
Unique Swimming Pools
Nearly every luxury home in the Bay Area has a pool. They have become standard home amenities for modern living in California, considering its sub-tropical climate. However, luxury home buyers will want something that stands out from the rest.
When shopping for properties, look for one with a pool that screams individuality. Some things to consider are size, because buyers may look for Olympic-sized ones, and style, as some people would like a pool that makes them feel like they live in a resort.
Prioritizing the Must-have Amenities for Home Buyers
Since there are several amenities that add value to a home, implementing all of them in yours might be challenging, especially if you have a budget. Although you can expect home buyers to go all out when purchasing a property featuring the best amenities for luxury living, it may still be wise to prioritize which ones suit your goals. Consider these tips when buying a home:
- Identify Your Target Buyers: You may think that narrowing down your choices is counterproductive because you want to widen your reach. However, limiting who you want to sell your house to can help improve your chances of securing a sale. Identify what kind of buyer you are targeting so you can appeal to their specific preferences.
- Look Up Your Competition: What amenities do other homeowners have that you don’t? Similarly, what do you have that they don’t? Identifying your edge among competitors in the local housing market can help you advertise your luxury property better and even learn how to improve your home for resale.
- Research the Real Estate Market: Even the luxury real estate market is volatile and you can never know how the trends will affect your return on investment. It pays to stay updated on what’s happening so you can anticipate potential factors in the industry and navigate them accordingly.
Current Market and Trends on Popular Home Amenities
When assessing the current market concerning the top home amenities for resale value or other purposes, the most common trend among buyers and builders is uniqueness. People are eager to live in homes that set them apart from their neighbors or friends. What they often look for are features that are centered around technology and health.
About 73% of people cite health as an important factor when choosing their next home. As such, equipping yours with oxygenated rooms or installing circadian rhythm systems may be in your best interests. These features also fall in line with how buyers are more likely to choose homes that cater to their desires for homes with the latest technology.
Some of the most popular amenities for home buyers include rooms and features that ensure their next home is comfortable and convenient. These include modern tech and entertainment rooms where people can enjoy and relax.
While most of these features are essential for maintaining a luxury lifestyle and attracting specific buyers, it’s important to prioritize the amenities and focus your resources on specific ones. This way, you can attract your target audience better.
Finally, it’s important to stay updated on the current real estate market trends so you can adjust to the changes and keep up with what buyers want. Consider getting in touch with a real estate agent who understands the local market to guide you correctly.
Michelle Fanto-Chan is a realtor in the Bay Area, serving clients in cities including Danville, San Ramon, Walnut Creek, Pleasanton, and Dublin. Contact her for professional advice today!