Luxury homebuyers in 2024 are redefining modern living with a focus on sleek design, functional spaces, and an emphasis on privacy. It’s not just about high-end finishes—it’s about creating a seamless lifestyle. Whether you’re buying or selling, these are the top trends to keep an eye on in today’s luxury market.

1. Indoor-Outdoor Living Spaces with Privacy

Buyers are seeking homes that seamlessly blend indoor comfort with outdoor living. Luxurious front porches, resort-style patios, and expansive outdoor spaces allow for privacy and relaxation. Entertaining flows effortlessly from the kitchen to a fire pit, pool, or outdoor kitchen, providing the perfect setup for hosting guests while maintaining a sense of seclusion with privacy fencing or landscaping.

2. Spa-Inspired Bathrooms

Turning bathrooms into personal sanctuaries is a major trend in luxury homes. Think oversized showers, freestanding soaking tubs, and custom lighting—all with a clean, minimalist design that feels both high-end and calming. Spa-inspired finishes, from natural stone to brushed metals, give homeowners the retreat they deserve.

3. High-Tech Home Automation

Technology continues to be a hallmark of luxury living. Buyers want homes equipped with integrated smart systems, allowing them to control everything from lighting and security to temperature and entertainment with ease. Voice-activated controls and intuitive home automation systems are a key draw for high-end buyers looking for convenience and sophistication.

4. Gourmet Kitchens with Sleek, Minimalist Design

The modern luxury kitchen isn’t just about function—it’s about style. Today’s buyers are drawn to clean, simple designs with top-tier, professional-grade appliances. Large islands, hidden cabinetry, and smart storage solutions create a clutter-free aesthetic that makes the kitchen the ultimate entertaining space.

5. Clean Design with Warmth and High-End Fixtures

While clean and open designs are trending, luxury buyers still want their homes to feel inviting. Buyers are drawn to spaces that balance simplicity with warmth through rich textures, natural materials like wood and stone, and high-end fixtures. Sleek designs with soft touches—such as custom lighting, elegant hardware, and plush furnishings—bring an added layer of comfort and sophistication. The key is blending refined elegance with the kind of warmth that makes a house feel like a luxurious home.

6. Custom Home Offices

With the rise of remote work, luxury homebuyers are prioritizing custom-designed home offices. These spaces go beyond a desk and chair, featuring custom cabinetry, abundant natural light, and soundproofing to create a private, productive work environment that integrates into the home’s overall design.

Bottom Line

Modern luxury is all about combining sleek design, smart technology, and privacy to create an effortless lifestyle. Whether you’re looking to sell or searching for your dream home, these trends are shaping the market in 2024. Connect with The Sandy Ginn Team today to assist you in finding your dream home that checks all of your boxes, and to educate you on the latest trends and market landscape.

The post Top 6 Modern Luxury Home Trends Buyers Are Loving in 2024 appeared first on Sandy Ginn.

Here are some considerations a professional will guide you through.

What You Need To Know About Your Local Market

Since the supply of homes for sale has increased so much this year, today’s buyers have more options than they had last year. That may mean you’re not able to ignore some of those repairs or cosmetic updates you could have skipped in previous months. As a recent article from realtor.com says:

“To stand out in the market, sellers should make their home attractive to buyers, which usually means some selective updates.”

The key word here is selective. Since it’s still a sellers’ market, focusing on a few key areas may be enough to make your house stand out from other options. And since inventory is still low overall, it’s also possible buyers may be willing to handle the renovations themselves once they move in. It all depends on buyer demand and the available inventory in your local area. For advice on what’s happening in your market and what to do to make your house show well, lean on a professional.

Not All Renovation Projects Are Equal

In addition to making sure your house makes a good first impression, you’ll also want to consider the return on your investment (ROI) for any renovations. According to the 2022 Remodeling Impact Report from the National Association of Realtors (NAR), here are the projects that could net you the best return when you sell your house (see visual below):

Again, your real estate advisor is your best resource. When your agent comes to your house for a walk-thru and consultation, they’ll use their expertise to offer any insight into what you may need to repair, replace, or refinish. They also know what other sellers are doing before listing their homes and how buyers are reacting to those upgrades to help steer you in the right direction. As Dr. Jessica Lautz, Vice President of Demographics and Behavioral Insights for NAR, explains:

“This year, the winner was hardwood flooring. Hardwood floor refinishing and putting in new wood flooring had the most significant value, . . .”

How To Draw Buyer Attention to the Upgrades You’ve Made

For any projects you’ve already completed or for those you plan to do before listing, make sure your real estate professional knows. They’re not just an advisor to help you decide where to focus your efforts, they’re also skilled at highlighting any upgrades in your listing. That way, potential buyers know about the features that may help sell them the house.

No matter what, contact a local real estate professional for expert advice on what work needs to be done and how to make it as appealing as possible to future buyers. Every home is different, so a conversation with your agent is mission-critical to make sure you make the right moves when selling this season.

Bottom Line

In today’s shifting market, it’s important to spend your time and money wisely when you’re getting ready to move. Let’s connect to find out where to focus your efforts before you sell.

The post The Truth – How Renovations and Upgrades Sell Your House appeared first on Sandy Ginn.

Here are some considerations a professional will guide you through:

1. With current supply challenges, buyers may be willing to take on projects of their own.

A more balanced market typically sees a 6-month supply of homes for sale. Above that, and we’re in a buyers’ market. Below that, and we’re in a sellers’ market. According to a recent report by the National Association of Realtors (NAR), our current supply of homes for sale, while rising, still remains solidly in sellers’ market territory:

“Unsold inventory sits at a 2.6-month supply at the current sales pace, modestly up from May’s 2.5-month supply but down from 3.9 months in June 2020.”

So, what’s that mean for you? If you’re a seller trying to decide whether or not to renovate, this is especially important because it’s indicative of buyer behavior. When there aren’t enough homes for sale, buyers may be more willing to purchase a home that doesn’t meet all their needs and renovate it themselves later.

2. Not all renovation projects are equal.

You don’t want to spend time and money on a project that isn’t worth the cost or is too niche design-wise for some homebuyers. According to an article by Renofi.com, basing home updates on what’s trendy right now can be a costly mistake:

“The last thing you as a homeowner want to do is center your home design around a passing fad – even worse, one thats design quality won’t last a good while.”

Before making any decisions, talk to your real estate advisor. They have insight into what other sellers are doing before listing their homes and how buyers are reacting to those upgrades. Don’t spend the time and money to be trendy – if your buyer wants to upgrade to the newest fad later, they can.

3. If you’ve already made upgrades this past year, your agent can help spotlight them.

If you have already completed some renovations on your house, you’re not alone. The pandemic kept people at home last year, and during that time, many homeowners completed some home improvement projects. HomeAdvisor’s 2021 State of Home Spending Report found:

“35% of households that completed an improvement project undertook some type of interior painting, while 31% completed a bathroom remodel and 26% installed new flooring.”

Let your real estate professional know if you fall in this category. They can highlight any recent upgrades you’ve made in your house’s listing.

Bottom Line

When it comes to renovations, your return-on-investment should be top of mind. Let’s connect today to talk through any upgrades you’ve already made and to find out what you should prioritize before you sell to maximize your house’s potential.

The post What Needs To Be Renovated Before Selling My House appeared first on Sandy Ginn.

To Renovate or Not Renovate? That is the Question.

Are you thinking about selling your house? Do you feel you need to remodel your home to make it more appealing to Buyers? With so many buyers competing for available homes right now, renovations may not be as vital as they would be in a more normal market. Here are two things to keep in mind when preparing to sell your home this season.

1. There aren’t enough homes for sale right now.

A normal market has a 6-month supply of houses for sale, but today’s housing inventory sits far below that benchmark. According to the National Association of Realtors (NAR), there’s only a 1.9-month supply of homes available today. As a result, Buyer competition is high and homes are only on the market for about 21 days or in our local market sometimes even less, during which time many receive multiple offers from hopeful Buyers.

In a competitive market that’s moving so quickly, it makes sense to sell your house when Buyers are scooping homes up as fast as they’re being listed. Spending costly time and money on renovations before you sell might just mean you’ll miss your key window of opportunity. While certain repairs on your house may be important, your best move right now is to work with your real estate advisor to determine which improvements are truly necessary, and which ones are not likely to be deal-breakers for Buyers.

Today, many Buyers are more willing to take on home improvement projects themselves in order to get the home they’re after, even if it means putting in a little extra work. Home Advisor explains:

“When it comes to the number of home improvement projects completed, Gen Z homeowners are leading the pack, completing an average of 3.5 projects. Millennials closely follow Gen Z, taking on an average of 3.3 projects, followed by Gen X at 2.8 projects. Boomers completed an average of 2 projects, and the Silent Generation completed the fewest projects, on average, at 1.8 per household. Compared to 2019, millennials are spending 60% more on home improvement and doing on average 30% more projects.”

In this market, it may be wise to let future homeowners remodel the bathroom or the kitchen to make design decisions that are best for their specific taste and lifestyle. As a Seller, your dollars and time might be better spent working on small cosmetic updates, like refreshing some paint and power washing the exterior. Instead of over-investing in your home with upgrades that the Buyers may change anyway, work with your real estate professional to determine the key projects that will maximize your listing, without overdoing it.

2. Focus on getting a good return on your investment.

When planning any bigger projects to tackle, you and your real estate agent will want to discuss the potential return on your investment and if those projects are worth the cost. Some homes do need a kitchen or bathroom renovation, roof repairs, or other major work, but definitely not all of them. You might be surprised by how well your house could fair in today’s Sellers’ Market. 

“The 2020 Cost vs. Value report shows a predictable increase in costs for all 22 remodeling projects but a consistent dip in the perceived value of those projects at the time of home sale, as estimated by real-estate professionals in more than 100 metro areas across the U.S. This results in a slight downturn on the return on investment for nearly all projects relative to the trends we saw in last year’s report.”

Ideally, homeowners getting ready to move should try to avoid over-investing in big renovations if they won’t make that money back when they sell their house.

Before you renovate, let’s talk to see if it’s the best course of action. You may find out that putting your house on the market as-is will help you sell quickly, and it may result in the best return on your investment. Every home is different, but this conversation may be mission-critical to make sure you make the right moves and take advantage of the hot-selling season.

Bottom Line

We’re in a strong Sellers’ Market, and that means you have the leverage to sell your house on your terms. Let’s connect today to determine if renovating is really the best way to spend your time and money before you sell.

The post What Projects Do I Need to Do to Sell My House in Today’s Market? appeared first on Sandy Ginn.