Perhaps bigger is not better. Today a builder decided to downsize and trim the fat from homes he hopes to build in 2010. Gone is the lavish pool, but it's still an option. Gone is the three stall barn, but it is still an option. He's offering a bare bones house with a smorgasbord of luxurious options. The consumer is in the driver's seat. Empowering the consumer is a smart move in this agent's opinion.
Luxury is in the details not the square footage. If I asked ten prospective buyers to define luxury I'm sure ten different answers would be received. If having your horse on your two-acre ranchette is luxury to you, so be it. If having an over-sized lap pool for your daily workout is high on your luxury list, so be it. Perhaps guest quarters or a home theater is your indulgence of choice. It's your home, your lifestyle and your choice.
Come to Boitano Palms and discover what luxury means to you. Let the re-definition of luxury begin!
Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800
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Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333
PalosVerdesLifestyle- Norma's award winning site as the best Palos Verdes homes and real estate blog since 2007. Selected by Relocation.com as one of the top ten Los Angeles area real estate blogs. Chosen by MovingCost.com as one of the best Los Angeles realty blogs. Awarded 5 out of 5 stars by Lender411 blog review. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.
South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach. Based on information from the Association of REALTORS®/Multiple Listing as of the initial date of this article/blog publication and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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More builders should take this step... we have several new constructions that although gorgeous, they are just sitting there, too much money was spent in the building of them..
Exactly! It's a wise move to stay ahead of the downsizing curve.
Love your post. You are right, luxury, like beauty, is in the eye of the beholder, but I am finding many clients are downsizing - opting for less square feet while seeking similar creature comforts and amenities in their new, smaller properties.
Builders would be smart to learn this lesson. Baby Boomers are ready to downsize and they do not want to give up their life style.