Luxury homes are the epitome of opulence, and most of us look at exclusive properties to better understand how sophistication and comfort can enhance a lifestyle. But actually, many aspects of luxury living are closer than you think. Sure, luxury real estate may integrate unique elements that elevate everyday living, but the elements are also a reflection of personal style which varies from person to person. "For me, a luxury home is much more than a residence—it's a sanctuary that epitomizes sophistication and personal taste," shares Ope Runsewe, Chief Strategy Officer of YSB Properties LLC. He continues, elaborating on the elements of his own home that define luxury his way. "Key features in my home include a minimalist design with clean lines, which creates an uncluttered yet distinctly sophisticated atmosphere. I integrate signature pieces that are one of a kind, and my art collection, rich with African and native imprints, accents the modern and contemporary aesthetic of the space, reflecting my personal heritage and taste."
When prompted to define "luxury" as it applies to a home, we can agree that it transcends traditional notions. Where consumers differ is in the fact that luxury is uniquely tailored to the owner's preferences and personal style. From architectural details to premium materials, we believe these are the leading categories that demonstrate what it means to have a luxurious home.
Unique Signature Pieces and Collections
Incorporating unique, one-of-a-kind items is essential to luxury living. These elements not only enhance the visual appeal of the home but also add a personal touch, reflecting the owner’s individuality and taste. Whether it's custom furniture, treasures from travel, family heirlooms, or bespoke fixtures, these pieces make a significant impact.
Art plays an important role in many homes. By showcasing pieces that hold cultural and personal significance, luxury homeowners can infuse their living spaces with character and depth. Art collections, particularly those rich with heritage and unique imprints, can accentuate the modern and contemporary aesthetic of a space. These pieces enhance the visual appeal and also tell a story, reflecting the owner’s personal journey and tastes.
Modern Kitchens and Open Concept Floor Plans
According to a recent report from Redfin on the most sought-after amenities, 83% of homebuyers cited that an open-concept floor plan was "very desirable," and 54% agreed that they'd be unlikely to make an offer if the luxury home had an outdated kitchen. A kitchen island, walk-in pantry, and custom cabinets top the list of luxury buyers. 31% even went as far as to say that they'd be put off if a home had old appliances (but we already knew that luxury buyers gravitate to high-tech kitchen appliances).
Specialized Spaces: Wine Cellars, Saunas, and Home Gyms
"In my view, the essence of luxury also extends to specialized spaces such as a well-equipped wine cellar showcasing a curated collection of the finest wines and champagnes," emphasizes Runsewe. It serves both aesthetic and practical purposes. Wine cellars emanate a refined taste, and when integrated into a gourmet kitchen, also serve as a focal point for social gatherings.
Wellness is also a key component that continues to drive consumers. In the case of the thoughtfully crafted Park City community Velvaere, mental and physical well-being are top-of-mind for interior designers and developers. A health club, spa, and cutting-edge amenities differentiate the neighborhood from other planned communities. Homeowners with extra square footage can incorporate their own modern amenities as well, including spa-like bathrooms, garden offices that embrace biophilic design principles, and yoga studios with large floor-to-ceiling windows.
Functional and Aesthetic Closets
Luxury is also found in the details of functional spaces like closets. "The importance of functionality melded with aesthetics is manifested in the custom-designed closet spaces in my home," notes Runsewe. "These are meticulously organized, color-coded, and equipped with LED lighting to enhance visibility and ambiance, and even include watch winders to care for my cherished watch collection. This setup maintains mental clarity and order."
Advanced Lighting
Interior and exterior lighting solutions not only enhance the ambiance but also improve functionality. Indoors, lighting systems primarily service functionality, but secondarily can be used to highlight architectural features, artwork, and interior design elements. Dimmable systems offer versatility, allowing residents to adjust lighting levels according to mood and occasion, and smart lighting routines can enhance ambiance around the clock. Outdoors, landscape lighting accentuates the beauty of gardens, pathways, and architectural facades, extending the living and entertaining space into the night.
Outdoor Living Spaces
Outdoor areas for luxury properties are designed to be extensions of the indoor living space. As real estate trends are concerned, luxury residences may feature calm spaces like lavish gardens, infinity pools, and practical spaces like outdoor kitchens. 58% of luxury buyers ask their agent to find a home with a strong indoor/outdoor living space, according to Redfin's research, but only 33% seek a pool or outdoor kitchen. Lavish amenities in a great outdoor space might rival what you see indoors as consumers look to design a seamless transition from their comfortable indoor living space.
Smart Home Integration
Smart home integration offers unparalleled convenience, security, and efficiency. Indoor and outdoor lighting systems not only set the ambiance in high-end homes, but also enhance security through programmable schedules and motion detection features. Integrated with security cameras and smart locks, they provide comprehensive protection for the home.
Luxury buyers expect integrations beyond security to entertainment and convenience. They look at how a developer has used additional space to create an enhanced sense of luxury. For entertainment enthusiasts, home theaters equipped with cutting-edge audiovisual technology deliver immersive cinematic experiences. Those who enjoy cooking also revel in how smart appliances can streamline everyday tasks, from brewing coffee to managing groceries. From smart light switches, wi-fi-enabled devices, and smart displays that support automated routines ("Alexa, Good morning"), it's all about simplifying life and freeing up time for enjoyment.
High-Quality Materials and Finishes
Luxury home design hinges on the meticulous selection of high-quality materials and finishes. From sumptuous woods to exquisite marble, each luxury material contributes to the home's allure and durability. 80% of luxury buyers ask their Realtors about granite or quartz countertops, according to Redfin's research. Custom tiles add artistic flair, elevating spaces with their unique patterns and textures. Best of all, tucked out of sight, heated floors, especially in a luxurious bathroom, also help to elevate the appeal of a tiled floor.
Natural materials infuse the home with a sense of warmth and authenticity. Hardwood floors exude timeless elegance, while stone accents provide rustic charm. Luxury home builders deliver attention to detail in every finish, from intricate millwork to flawless paint application, ensuring a seamless integration of luxury throughout the space.
While high-end and high-quality isn't always synonymous, just remember: luxury isn't just about aesthetics; it's about the meticulous consideration of every material and finish. Together, these elements create a cohesive and captivating environment that surpasses expectations.
