When shopping for a million dollar home, buyers are looking for luxury and luxury perks can tip the scales on the sale, but they are not actually what set the baseline for buyers. According to a new survey
of people who currently live in luxury homes - classified as over $1 million ($2 million in California) for survey purposes - nearly two thirds have designer kitchens, entertainment rooms, and wet bars. More than 30% have wine cellars and 24% have theater seating. Outdoors, almost 40% of the homes have in-ground pools. Security systems were in place in 87% of homes and 67% had landscapers come in to care for the grounds.
The most popular way to furnish a luxury home? Nordstrom topped the most-shopped-at list, but other frequented stores were Neiman Marcus, Saks, Macy's, Lord & Taylor, Talbots and Pottery Barn.
Ultra-luxury items, like heated floors, tennis courts and backyard putting greens were found in significantly fewer homes, since the homeowners were likely (35%) to own a second home for recreational purposes.