If you want to get a good idea of the San Antonio luxury real estate market, all you need to do is look around. Beautiful, luxury real estate is going up all around the city, as homebuyers take advantage of excellent home loan rates and a great San Antonio economy. If you have your eye on San Antonio luxury real estate, you are probably thinking of some of the features you want in your new home. Although each home buyer’s wants and needs will differ slightly, there are some new trends in the San Antonio luxury real estate market you will likely see when you start your home search.
Open Floor Concepts
People don’t want to be closed off from other areas of the home. They want to be able to move freely, from room to room, and they want a feeling of spaciousness. And this is achieved with open floor concepts. New homes generally offer the open floor concept feeling, while older homes in the luxury home market have actually been renovated to create this feeling.
No, luxury real estate doesn’t mean massive homes where you get lost roaming from room to room. In fact, today’s luxury home buyers aren’t looking for bigger homes; they are simply looking for homes that fit their families and their lifestyles. Instead of thinking square footage, think about how the space is utilized and how your family will utilize the space. Chances are your house may have less square footage than you thought you needed.
Outdoor Living Spaces
If there’s one trend that is still very much in style, it’s outdoor living spaces. Homeowners love outdoor living spaces where they can entertain and relax, and they want their outdoor living spaces to be as comfortable as the interior of their home. Today’s outdoor living spaces boast everything from outdoor kitchens to dining areas and resort-style swimming pools.
Just like outdoor spaces, today’s homebuyers spend a good amount of time gathering in their kitchens. It is therefore likely that you will find beautiful – and practical – kitchens in today’s luxury homes. Look for custom cabinetry, high-end appliances, real stone countertops and lovely lighting options.
Richard is the CEO & Broker of VIP Realty, The Premier Firm in Real Estate. Our offices focus on the San Antonio real estate & Alamo Heights real estate markets. To keep up-to-date with the North Texas condo market visit our San Antonio condos page.