Agent survey and curated guide showcases the
luxury products that affluent trendsetters demand for their
homes
MADISON,
N.J., Dec. 5, 2023 /PRNewswire/ -- Coldwell
Banker Real Estate LLC, an AnywhereSM (NYSE: HOUS)
brand, and the Coldwell Banker Global
Luxury® program today released the "Best of the
Best," an online, shoppable guide that reflects the most notable
luxury home trends, amenities and in-demand luxury home
products.
Carefully curated from survey insights gathered from Coldwell
Banker Global Luxury Property Specialists, Best of the Best defines
the most desirable amenities in a luxury home today and sheds new
light on the must-have room comforts and features heading into
2024. Coldwell Banker Global Luxury Property Specialists are an
elite group within the Coldwell Banker organization worldwide and
transact on average $288 million in
daily luxury home sales.
The following style trends are defining and shaping the future
of the luxury home, according to Coldwell Banker Global Luxury
Property Specialists:
The in-demand luxury home: Affluent trendsetters are
creating luxury sanctuaries and retreats from the outside world in
the comfort of their own home. The most desirable homes are
equipped with a chef's kitchen with unique features and
tech-enabled appliances, multi-functional indoor-outdoor living
spaces that provide a seamless connection to nature, spa-like
bathrooms that bring an oasis into the comfort of home, and
advanced smart home technology that controls, automates and
optimizes functions such as privacy, security, entertainment,
lighting, temperature and landscaping, accessible from
anywhere.
Two is better than one: Double duty kitchen islands are the
leading feature in chef's kitchens
To be called a luxury chef's kitchen, one must have:
- A double kitchen island with ample space for cooking, gathering
and entertaining is the most important kitchen feature according to
Coldwell Banker Global Luxury Property Specialists
- A centerpiece of the luxury kitchen, elegant oven ranges and
designer appliances provide sophistication with superior
function
- Statement range hoods with pops of color and unique design
features that add style and personality
Reimagining a staycation: Cabanas and natural water features
are the most popular additions to luxury backyards
Two-thirds of Coldwell Banker Global Luxury Property Specialists
surveyed agree that the biggest trend in luxury outdoor spaces is
the merging of indoor and outdoor living. The must-have amenities
in indoor-outdoor living spaces include:
- State-of-the-art cabanas and pergolas offer resort-style
comfort and relaxation in one's backyard
- Water features, from heated swimming pools to waterfalls,
fountains and plunge pools, provide an oasis-like atmosphere that
every luxury buyer seeks
- Outdoor living areas that serve as extended entertainment
spaces such as sitting rooms, outdoor bars, expanded chef's
kitchens with pizza ovens and built-in grills, expansive gas fire
pits and movie screening areas under the stars
Where elegance meets renewal: The freestanding soaking tub is
essential in luxury spa bathrooms
Having a spa-like bathroom with unique wellness features is
top-of-mind for luxury homeowners. To have a spa-like bathroom, one
must have:
- A freestanding soaking tub is the leading trend in luxury
bathrooms that epitomize elegance and relaxation, allowing one to
lean back comfortably and be fully submerged
- Hydrotherapy showers that offer a spa-like features with
massage jets, customizable water pressure and a wide range of
shower spray functions
- Designated treatment rooms with spa-design elements such as
heated floors and towel racks, and infrared saunas
Healthy living meets smart home technology: Wellness
products, from advanced air purifiers to human-sized sound therapy
pods, are the top tech products in luxury homes
The key to smart home living is having a seamless integration
where the technology enhances not only the home itself, but also
the well-being of its inhabitants. Having technology that satisfies
luxury consumers' personal wellness needs are significantly
reshaping the modern luxury home.
To own a smart home, one must have:
- Human-sized sound therapy meditation pods that gently mix body
vibrations with immersive music, serving as a personal sanctuary to
relieve stress
- Tech-infused fitness equipment including immersive smart gyms
with touchscreen mirror displays virtually bringing a variety of
fitness experts into the home
- Smart thermostats that allow complete control over the
temperature of the home with voice command functions, real-time air
quality monitoring and sensor technology that helps conserve
energy
- Advanced air purifiers that guarantee a near 100%
particle-capture efficiency rate to eliminate pollutants in the
home's air, easily controlled from an app
QUOTES:
"The Coldwell Banker Global Luxury program is at the forefront,
working with the most affluent consumers worldwide every day. As
the premier international luxury experts, our Coldwell Banker
Global Luxury Specialists are defining the trends that are relevant
today and influencing the trends of tomorrow. The Best of the Best
is a showcase of their superior insight."
-
Jason Waugh, president of
Coldwell Banker Affiliate Business, Coldwell Banker Real Estate
LLC
"Showcasing our luxury network's deep knowledge and expertise of
the luxury landscape, Best of the Best allows our affiliated Luxury
Property Specialists to connect with their clients past the home
sale transaction and serve as a true ambassador of the luxury
lifestyle. Leading the way in luxury living, we couldn't be more
excited to enable our affiliated agent influencers to offer this
new resource to their affluent consumers, continuing the
conversation through thoughtful insights and redefining the
consumer/agent relationship."
-
Michael Altneu, vice president,
Coldwell Banker Global Luxury
"Best of the Best is a powerful asset to help agents support
their clients in envisioning their dream home. I love being able to
offer my clients trustworthy insights into what's trending in the
luxury home design space. This guide is truly a game-changer for
wealthy consumers, supplying them with on-trend products that not
only elevate their homes, but also add comfort and convenience to
their lives."
-
Jade Mills, president, Jade Mills
Estates and International Ambassador of Coldwell Banker Global
Luxury® program
Agent Survey Methodology
For the trends compiled in
the Best of the Best guide, over 200 Coldwell Banker Global Luxury
Property Specialists shared their insight on the top features and
amenities that are most in-demand with their luxury clientele
through a commissioned survey from the Coldwell Banker Global
Luxury® program fielded in September 2023.
About Coldwell Banker Global Luxury®
The
Coldwell Banker Global Luxury® program legacy traces its
roots to 1933 and has been a world leader in luxury real estate
since. Coldwell Banker Global Luxury Property Specialists are an
exclusive group within the Coldwell Banker® system,
making up under ten percent of independent sales associates
affiliated with the brand worldwide. Coldwell Banker affiliated
agents conducted 48,444 transaction sides of homes priced at
$1 million or more in 2022. This
equates to $288 million in daily
luxury sales with an average sales price of $2.2 million in this category.* Coldwell Banker,
the Coldwell Banker logo, Coldwell Banker Global Luxury and the
Coldwell Banker Global Luxury logo are registered marks owned by
Coldwell Banker Real Estate LLC. Each franchise is independently
owned and operated.
*Data based on closed and recorded buyer and/or seller
transaction sides of homes sold for $1
million or more as reported by affiliates of the U.S.
Coldwell Banker franchise system for the calendar year of 2022.
USD$.
Media
Inquiries:
|
|
Athena Snow
|
Jackie Hart
|
Coldwell Banker Real
Estate LLC
|
G&S for Coldwell Banker Real Estate
LLC
|
973.407.5590
|
845.505.7881
|
Athena.Snow@coldwellbanker.com
|
JHart@gscommunications.com
|
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SOURCE Coldwell Banker Global Luxury