Downing Frye Realty Inc.
Molly Eovino, Downing Frye Realty Inc.Phone: (239) 537-5100
Email: [email protected]

Five Things to Expect for Luxury Real Estate This Year

by Molly Eovino 08/04/2019

At the beginning of every year, there are new trends, styles, and designs that make their way to the forefront of popular taste. In the real estate industry, luxury real estate is usually the first to test out new trends and designs before the traditional market. Whatever doesn't make a name in the luxury real estate will probably not get into the traditional real estate market either.

The average cost of getting a luxury home increased with about 4.7 percent in the last quarter of the previous year, but the trends and features associated with such homes remained the same. This year expect an increase in the cost of buying a luxury home, but these homes come with more sophisticated trends and features. Most of these features are deemed a necessity and no longer exclusive to luxury homes.

Techy Homes

Technology has come to stay in luxury homes because millennials are the ones dominating the luxury real estate market. In 2019, expect technology as one of the essential features in every luxury home. Smart apps, cameras, remotely controlled gadgets, etc. are all necessary items every luxury home should have in today’s market.

Privacy

Privacy is a feature that is non-negotiable especially among celebrities and high net worth individuals. You pay a higher price to get a home that keeps neighbors and prying eyes away. Your home is your abode, and you should be able to wind down without being worried about anyone walking to your front door unannounced. Individuals who own luxury homes want privacy with aesthetically designed gates, hedges, and walls. 

Smaller Pools

A pool is an essential package that comes with owning a luxury home, but homeowners do not want pools that take up most of the backyard space. The trend for this year are pools that look like glorified Jacuzzi pools that should serve a purpose. A pool is essential, but it should be smaller.

Upscale Design Bathrooms

Luxury homes for this year would incorporate spa-like bathrooms with floor-to-ceiling windows that would allow homeowners to have a magnificent view of their surroundings. Gazing out your window at the picturesque view outside while having a bath or shower is soothing. The expansive windows would allow natural light in and allow for natural ventilation.

Smart Security

Security like privacy is non-negotiable. Most luxury homes come with remotely controlled gadgets like lights, pools, fireplace, air conditions, security cameras, window blinds, televisions, etc. all controlled from your iPad or phone. There are also safes in these homes that are smart technology for keeping valuables and unlocks the same way you open your phone. 

What is trendy will change throughout the year, but it always promises quality to the luxury real estate market.

About the Author
Author

Molly Eovino

Except for a short time, I was a permanent resident in Cedar Rapids, Iowa. The heart of the Midwest!  I visited Naples for 30 years, as my parents lived here, watching the community grow from a fishing village to a destination in SW Florida. When my last college bound child hit the University of Iowa in 2001, I hit the road!

I brought with me over a decade of experience in Real Estate, excellent education, and a broad range of interests to jump into the Naples scene with gusto! I "speak" golf and tennis, theater and location/mapping!

In Naples, you will find that nearly everyone is from somewhere else! As a result, your friendships will span the nation and globe, with immediate contacts in England, Germany, France, the East Coast, and the Midwest! Once visitors have experienced Naples, they want to call it home, and then "visit" where they originate from! I am no different, and have tried to learn as much about the town and all it´s history and activities to feel like a native!

I promise you a city tour to help you fall in love with the flavor of Southwest Florida, from the lure of the beaches, morning and sunset, to the different types of golf (equity or bundled). May I interest you in the gourmet flavors that abound, from food to entertainment?

As an active community volunteer in Iowa, I worked on Junior League fundraising events, the Cancer Crusade, March of Dimes, and Kidney foundation drives, and was extremely active in the school committees involving sports (football,basketball, track); cheerleading; and 4 years of show choir productions, Concert Choir, and Madrigal Singers!

Naples has already found a nitch for me in the Naples Players Theater, where I volunteer as a backstage dresser to advance their enthusiastic cause!  I just haven´t gotten on stage...  Growing up in a musical environment,Broadway shows in Naples keep me humming.

The Naples Children & Education Foundation draws my heartfelt attention& volunteer hours  from summer months to the annual Naples Winter Wine Festival in late January.  Their mission statement "supports effective, disciplined charitable programs that significantly improve the physical, emotional and educational lives of underprivileged and at-riskchildren in Collier County, Florida".  As a non-profit organization,the wine festival raised nearly $12 million during the 2019 event! From helping with mailings, to what I call the "quilting table of many hands" for events, I've met many like-minded friends, who believe it's all about the kids!

My educational background spans a multitude of areas, but now they all concentrate on improving my real estate performance. It includes:
BA degrees in Psychology & Vocational Rehabilitation from the University of Northern Colorado.
Mediation Seminars for the Iowa Farmer-Creditor Mediation Services.
Real Estate License in Iowa, REALTOR® 1988
Graduate of the Realtor´s Institute (GRI) 1992
Certified Residential Specialist (CRS) 1994
Accredited Buyer Representative (ABR) 1999-2018
Licensed Broker-Associate, Florida, 2001
Certified Distressed Property Expert (CDPE) 2009
Certified Investor Agent Specialist (CIAS) 2012
Resort & Second Home Property Specialist (RSPS) 2016

As you can tell by my "personal resume", we will become friends as well as business associates. I enjoy teaching my customers Real Estate-ese so that you can make an educated decision regarding your first or second home, or your new rental property. The market in Naples is excellent, and truly is a beautiful Paradise! With year-round tropical temperatures and deep blue skies, I hope that you will agree that I provide

"Midwest warmth in the Naples sunshine"!