Home value changes pretty quickly, and what makes a property desirable one year could actually deter would-be buyers the next. If you’re planning to sell or want to build greater equity, then it will take some research and planning to choose the perfect additions to your home. The goal is not just immediate comfort but long-term value; these are three amenities that most homeowners don’t splurge on but can pay off big-time. Bear in mind that you’ll have to do some investigating in your individual housing market before committing to any major changes. With that in mind, these are three luxury home features that will help you boost property value and attract an entirely new type of buyer for your property.
Built-in Wine Fridge or Wine Cellar
Luxury kitchens offer more than just a place to prepare your food. They’re an all-encompassing space for entertainment and gathering that allow you to indulge at every point. From sleek cabinetry to marble countertops, luxury kitchens are made even more desirable with the addition of a built-in, temperature-controlled wine fridge or even a separate cellar. This home upgrade serves as a wonderful compliment to high-end, energy-efficient appliances like inductive countertop stoves and Energy Star refrigerators.
You can also upgrade your kitchen with state-of-the-art smart technology. There is a wide range of smart home features that can make the kitchen even more central to your house’s build than it already is. Don’t rule out how valuable a smart oven or thermostat could be to your renovation when making decisions about amenities.
Residential Elevator
While typically thought to be reserved solely for the mega-rich, there are many practical benefits to installing your own home elevator. Having residential elevators can increase the value of the home by expanding its accessibility and ease of navigation. Maybe you decide to install one in the garage or foyer that allows people to easily transfer groceries, packages and other heavy items upstairs without any hassle. You can even install an elevator into a single bedroom for an exclusive in-suite experience. A residential elevator can be sleek and stylish, so you don’t need to completely renovate your home to install one. You can work with a home elevator professional to choose a customized design that naturally blends into your existing decor.
Spa Bathroom
The bathroom is one of the most frequented parts of the home, and it should provide a relaxing experience for anyone that uses it. When you visit a hotel or resort, the bathroom is often one of the most luxuriant features. The same can be true for your house. Spa amenities, such as walk-in showers, soaking tubs and towel warmers, can add a touch of opulence to your bathrooms. It just may become your favorite part of your house after making some of these upgrades.
If you’re interested in a full-scale renovation, then consider redoing your bathroom in materials that are both sustainable and highly fashionable. Dark or neutral tones accentuated by eco-friendly woods will instantly induce relaxation. Make sure that you consider consumption as well. A low-flow shower head, faucets and water-conserving toilet are all essential to a modern luxury bathroom.
This article does not necessairly reflect the opinions of the edtiors or the management of the EconoTimes
