What’s Hot and What’s Not in Luxury Home Trends

by Steve CookMarch 7, 2017

While cheaper homes are hot, it’s still a buyers’ market for luxury properties, according to the Institute for Luxury Home Marketing’s survey of the most expensive zip codes in each region. It takes an average of 185 days for a luxury home to sell, three times longer than the 50 days it took for all other homes in January. “Luxury buyers should find reasonable levels of selection,” reports ILHM.

With a lot more negotiating room than buyers of less pricey homes, luxury buyers can look for properties that feature some of the leading edge trends in luxury home design.

In January, the National Association of Home Builders awarded 127 single-family, multi-family, remodeling, and community projects in the 2016 Best in American Living Awards. The judges conferred awards to projects that represent excellence in home and community design, interior design, and remodeling.

Here are some of the prominent design trends expected to pop-up in upscale homes and communities over the next several years.

  • Architects and designers include benches and nooks. These small spaces serve as chic and practical places to gather with family members, or cozy up with a book. Many architects and designers re-purposed under-stair spaces to include shelving for books and artwork. One winner even included an entire bar under the living room stairs. The regional winner from Port Ludlow, Washington, featured a fantastic use of space, including little nooks and crannies and a reading nook. “Was just so incredible, people love that, especially in a small house. Liked the composition and massing too, quite clever,” commented the judges.

one_kings_lane_breakfast_nook_leadvia One Kings Lane

  • Oversized showers and tubs made a splash with this year’s winners, including luxuriously large free-standing tubs and wall-to-wall glass showers with universal design features. The master suite contains a spa-like haven ideal for retreating and unwinding in the silver winner in the category Detached Homes 3,501-4,000 sqft.
  • Board and batten are prominent on the exteriors of this year’s class of winners, adding a classic touch to today’s contemporary interiors. Adjusting the width of the boards gives siding a customized, unique feel. The exterior of Waterside in Wolcottville, Indiana, winner of the Best Single-Family Detached Home, 3,001-3,500 sqft, featured board-and-batten siding accentuating the steep roof gables and classic shingles cladding the lower half of the structure.
  • From traditional homes to modern farmhouses and distinctively modern homes, metal roofs are featured on custom homes across the country.
  • Modern farmhouses are still a prominent trend. Features including farmhouse sinks, reused wood siding in interior design details and barn doors were heavily sighted in this year’s group of winners. And, barn doors are becoming customized to have a more contemporary feel, including glass, white tints, and metal hardware.

via Decor Pad

  • Wood beams left in their original state add a natural touch to homes and create a focal point in interiors. The second place One-of-a-Kind Custom or Spec Home Over 8,000 sqft, located in Woodland, Utah, utilized log timbers, powerful natural stone and reclaimed wood paneling to create a design that seamlessly integrates the organic balance of indoor and outdoor spaces.
  • While hardwood has always been a popular flooring choice with homeowners, this year’s winners included an unusual number of homes with natural wood ceilings. Possible to use in both traditional and contemporary-style homes, these ceilings add warmth. The winning One-of-a-Kind Custom or Spec Home 901-2,500 sqft, “Carolina,” a mountain home located in Robbinsville, North Carolina, featured recycled wood used throughout the cabin including re-purposed bowling alley lanes used as countertops.

winevia Pinterest

  • Multiple kitchens included unique wine storage solutions, such as floor-to-ceiling open or glass-enclosed wine storage, and customized wine racks. One design firm married the idea with the under-stair storage trend and included an extensive wine collection under the stairs with glass doors and display lighting. In The dramatic tone of the space revolves around the signature piece of the project; the custom milled stone spiral stair that provides access from the first floor to the entry of the room.
  • White-on-white appears universally across homes. Most prominently, the brightening hue is showcased in many of this year’s winning kitchens.

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About The Author
Steve Cook
Steve Cook is editor and co-publisher of Real Estate Economy Watch. He is a member of the board of the National Association of Real Estate Editors and writes for several leading Web sites, including Inman News. From 1999 to 2007 he was vice president for public affairs at the National Association of Realtors.

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