Top Real Estate Trends in Luxury Living of 2024

By Natalia Kome

Luxury living is more than just an ample home with opulent furnishing and a gated neighborhood; it’s those meticulous details that bring it to a higher level. One of the greatest benefits of setting up your home to be smarter than others is the convenience and comfort it brings. Risks of hackers and other security issues are still present, so take that into consideration while setting up your smart home.

Smart Homes

Equipping your home with the latest technology is all the rage right now, and for good reason. Whether your focus is on security, convenience or environmental, controlling factors around your home with a simple remote or tablet is becoming more and more accessible and desirable.

Digital Assistants

Products like Amazon Alexa, Google Assistant and other voice-command devices are becoming increasingly common in American households with 25% having one Alexa device or more. With these apparatuses, you can seamlessly set up all your appliances, electronics and utilities to work through your phone or voice. In fact, you can organize routines, so that a simple “Goodnight, Alexa” will automatically turn off your lights, set the coffee maker in the morning and locks all the doors.

Security

Secure your door and window locks, check your cameras and track the comings-and-goings of your household all from your smart phone or tablet. Put your mind at ease with notifications alerting you to motion detectors going off or unlocking and locking your front door when your kids get home from school. There are plenty of options for smart security systems, and the industry has significantly grown over the past 5 years and is continuing to flourish.

Appliances

Refrigerators, ovens, lights, vacuums, thermostat and a long list of other household necessities have been improved with the advancement of technology. These days, fridges with screens can notify you when you are low on milk, ovens will turn off before your food burns and lights can be turned off and on with a simple voice command. When traveling home on a cold day, you can easily turn on the heat well before your arrival, making your home toasty warm for you while saving on energy.

Eco-Friendly Homes

Sustainable and eco-friendly homes and properties have become increasingly more common in the last few years, and a reduced carbon footprint is an enticing feat. More high-end houses are striving to achieve sustainable practices. The LEED (Leadership in Energy and Environmental Design) certification for buildings is a ranking system that highlight the green initiatives they follow and comes with benefits on many different levels.

Locally Sourced Materials

Consider investing in locally sourced materials if you’re planning on building a house or even updated your current one. Not only when it cut importing costs, but it also brings harmony to the surrounding nature and your abode. For example, building your house with the timber nearby or incorporating the landscape into your home design.

Solar Panels

Incorporating solar panels, or other renewable energy sources, increases the value of your property and qualifies you for federal solar tax credit, saving you money in the long-run. Additionally, solar panels are compatible with a wide variety of climates, property-types and locations, as well as giving you the power to keep the lights on no matter the disruption.

Green Roof

A green roof, or vegetated roof or living roof, allows homeowners to add biodiversity and beauty by converting the top of the house into a garden or mini-ecosystem. By planting native grasses, flowers and shrubs, you’ll attract local butterflies and birds, among other wildlife, and give the environment a little boost. This can also present an easy way to cultivate herbs, fruit, vegetables and flowers, especially for those whose urban dwelling prevents agricultural land use.

3D Home Printing

An innovation in homebuilding technology most wouldn’t dare to dream of just 20 years ago, 3D Home Printing has become an efficient and eco-friendly option these days. Crafting your home uses one of these printers can reduce waste and water-use, and they require less man-power and can be built off-site, making it easier experience.

Water Recycling

Water recycling, or water reuse, is the practice of converting wastewater, stormwater, agricultural runoff or other water sources into a resource you can use. Whether you’re using for forging an artificial pond or lake, irrigating land for agricultural purposes or for a slew of other uses, this is a fantastic way to conserve this precious resource and live an eco-friendly life. There are regulations that should be carefully considered, such as preserving the quality of drinking water, and laws vary from state to state.

Wellness Spaces

Spaces for residents to focus on their mental and physical well-being has been rising in popularity more and more. Be it pampering yourself to spa treatments or cooking up a pizza in your own personal brick oven, investing in amenities that elevate your home like such simply make life worth living. Indulge in the finer things in life, like a hot tub or home office, and increase the value in your home and in your heath.

Home Gyms

Home gyms, yoga studios and swimming pools are popular home additions that prioritize health and wellness. Determine whether you wish to purchase a home with a completed home gym or adapt the space to suit your specific needs. For example, body builders will opt for a more traditional gym with dumbbells, weightlifting machines and punching bads while others might choose to focus on the meditative aspects of wellness with a simple workout studio featuring yoga mats, relaxing music and planet elements.

Home Theatres

Entertainment space is an important element for luxury living. A home theatre and impressive audio system add an element of sophistication and comfort to residences, as well as increasing the selling value. From inviting the whole clan over to witness the premier of a major cultural moment or cozying up with the family to watch a movie completed with scrumptious snacks and goodies, these hubs are integral to welcoming atmosphere and home.

Libraries & Art Studios

Setting up a library or art studio invites creativity and knowledge to blossom throughout the halls of your home. Providing yourself, and the other members of your family, a space to get away from the bustle of daily life to nourish your inner artist or soak into a good story is a great way to take care of your mental health. These home additions are adaptable; there can be a designated room for each or they can be part of a greater living space. Add comfy chairs or chaise longues and other design elements to make your library or art studio reflect your lifestyle best.