Americans are increasingly focusing on health and wellness, transforming not only how they live but also what they want in their homes.
Sotheby’s International Realty found that luxury buyers — many of whom already invest in products and routines that help them stay healthy — are less likely to downsize or move into senior housing. Instead, they are opting to buy homes that better allow them to age in place.
Sotheby’s International Realty’s survey shows that nearly 40% of real estate professionals said aging in place is a growing priority among homebuyers.
“Increasing life expectancy, coupled with affluent homebuyers’ desire to ‘age in place,’ is reshaping everything from home design and location choice to how inventory circulates in prime real estate markets,” Tammy Fahmi, senior vice president of global servicing and strategy at Sotheby’s International Realty, said in the report.
For luxury buyers, a home’s ability to support a high quality of life is a top priority. Sotheby’s found that they want spa-like amenities, including saunas, cold plunges, and red-light therapy; advanced air and water filtration, and easy access to the outdoors through nearby hiking or walking trails. Those who can afford it are also interested in integrated health-monitoring technology or in-home staff.
