Monday, May 13, 2024 / by Richard Eimers
TOP 5 FEATURES TODAY'S FLORIDA LUXURY HOME BUYERS ARE LOOKING FOR
By Richard Eimers, May 13, 2024Here are the top five in-demand features for luxury homes in Florida today, based on recent research:
Green Community Features: There is a noticeable preference for homes in communities with green design features, which include sustainable landscaping, energy efficiency, and environmentally friendly construction materials. This preference is common among buyers in both green and conventional communities.
Flood Resilience: Given the increased awareness of climate change and its effects, such as hurricanes and flooding, homes with built-in resilience features are becoming crucial. This includes elevated structures, impact-resistant windows, and advanced drainage systems. Despite some indifference to flood risks, real estate agents note strong demand for coastal homes, underscoring the importance of lifestyle choices over perceived environmental risks.
Smart Home Technology: Modern luxury homes are increasingly equipped with smart home technology. This includes automated systems for lighting, security, HVAC, and entertainment, which offer both convenience and efficiency.
Private Residence Clubs (PRCs): As the luxury market evolves, there's growing interest in luxury fractional homes or private residence clubs, which offer a viable alternative to full ownership by providing luxurious accommodations without the need for full-time maintenance or high capital investment. This is particularly appealing for buyers looking for vacation homes or secondary residences in Florida.
In conclusion, luxury home buyers in Florida are looking for properties that combine sustainability, resilience, and advanced technology to offer both luxury and practicality in the face of changing environmental and economic conditions.
