Real Estate

Must-Haves ForToday’s Luxury Buyer

For more than two-and-a-half decades I have had the pleasure and privilege of working with countless buyers in the city. At the onset, together, we create a list of must-have attributes to refine our search. While design trends can come and go, in recent years, I have noticed a specific set of in-home amenities that have become less of a luxury and more of a necessity for today’s luxury buyer.

Eat-in kitchen

Nowadays, prep is collaborative, and meals are a more casual experience, making an eat-in kitchen that offers a generous amount of space a common requirement. Other kitchen
amenities buyers have come to expect are two ovens, five-or-more burner stoves, wine refrigerators — plus views that are comparable to the rest of the home are always a bonus and dark kitchens are OUT.

Large primary bath

A luxurious, grand bathroom can offer a private retreat within a home and a way to escape the city’s hustle and bustle. Within primary baths, large glass showers are highly desired as well as double vanities and soaking tubs.

Well-located guest bath

Whether hosting a dinner party or just having people over, a well-located and elegantly styled guest bath – half or full – is almost a requirement for purchases over $5 million, and truthfully at every price point, buyers want one.

Walk-in closets

As a whole, people have more than ever before, and walk-in closets have become the standard. Further, closets outside of the bedroom are also highly sought after for the additional storage they provide for seasonal items and backstock of essentials!

Washer and dryer

A washer and dryer are basically a “musthave” for properties 2 bedrooms and larger. While many buildings offer modernized laundry rooms onsite with large capacity washers and dryers, nothing truly beats the expediency of being able to stay within your home. Properties 3 bedrooms and larger have a VERY hard time selling when they do not have an in-unit washer dryer.