• Tue. Oct 3rd, 2023

    How the Concept of “Home” Has Changed in a Post-Covid World

    ByNuala Hafner

    Aug 31, 2023
    How the Concept of “Home” Has Changed in a Post-Covid World

    The Covid-19 pandemic has drastically changed the way we view our homes. With the constraints of sheltering in place, our living spaces have transformed into multifunctional areas, serving as schools, workplaces, gyms, and places for entertainment. This shift in lifestyle has led to a surge in demand for unique and custom design features that cater to these new needs.

    Luxury real estate professionals have taken notice of this trend and recognize the added value these features bring to homes. Buyers are no longer just interested in small and efficient homes; they are willing to pay a premium for homes that create experiences. This could include entertainment spaces, indoor gyms or basketball courts, high-end features that support hobbies and interests, or even spa-like outdoor areas. These amenities enhance the overall livability and appeal of a property.

    According to Nick Carlson, Vice President and Broker at Wilson Associates and President of the Greater Greenville Association of REALTORS, the focus has shifted from simple livability to fine living. While these features would have previously garnered a return on investment, in today’s market, they deliver exceptional value. Buyers now see these features as essential for creating a luxurious and enjoyable living experience.

    To find homes with these sought-after amenities, it is crucial to clearly define your wants and needs and partner with a knowledgeable real estate professional. Blair Miller, a luxury market specialist at Wilson Associates, emphasizes the importance of finding beautiful and unique spaces that align with buyers’ preferences. Covid-19 has reminded us all of the significance of home as a refuge and gathering place, and buyers now want ready-made perfection rather than waiting to create it themselves.

    Greenville, in particular, offers a wealth of hidden gems and homes with custom amenities to meet any desire. Whether it’s a stunning outdoor area or a custom-designed interior, the city has something for everyone.

    In conclusion, the concept of “home” has seen a significant evolution in the post-Covid era. Buyers now value homes that offer experiences and fine living, driving the demand for custom design features. By working with a knowledgeable real estate professional, buyers can find properties that align with their desires and provide the perfect backdrop for creating memories and entertaining loved ones.

    Sources:
    – Wilson Associates
    – Greater Greenville Association of REALTORS