According to recent research by Luxury Portfolio International, buyers between the ages of 25 and 49 are now greatly shaping the luxury market. It is no longer just the older generation seeking Charlotte luxury houses for sale, and agents need to be aware of the changing demands. Read this article to learn about how demands in luxury homes shift as the younger generation takes over.
The New Demands
The new data shows that 78 percent of buyers between age 25 and 49 are interested in homes of at least 5,000 square feet. They have a strong preference for brick homes in a variety of styles such as Modern, Victorian, and Tudor, but with commercial-grade kitchens and top-notch security systems. Approximately 55 percent of these buyers want to live near restaurants. With this said, luxury homes for sale in Southpark may just fit the bill.
In general, this age group of luxury buyers are seeking a home that fits and inspires their high-performance lifestyles. Think luxury combined with mixed-use development and easy access to the hottest areas of Charlotte.
The Old Demands
The older generation still prefers the tradition luxury of Weddington homes for sale and other quiet, suburban areas. With this generation, you’ll still see a strong desire for a butler’s pantry and a spacious laundry room.
Are you a young buyer seeking a luxury residence? We would love to hear about your must-haves and what your dream home looks like. Contact Homes By Cross today. We are your Charlotte area pros at finding a gorgeous home that fits your refined and focused tastes!