As technology advances, homes may start to set aside a 6x6-foot room for virtual reality entertainment and forgo a 1,000-square foot home theater.
BloombergPursuits named four luxury home trends that could very well fade away within 20 years. VR could cause the death of big movie screening rooms, and driverless cars could make garages obsolete. Elaborate kitchens may not be necessary when food services like Blue Apron and Amazon Prime reduce the need for food storage, and 3D printing creates houseware on demand.
Sprawling master suites were once the ultimate trophy asset in a luxury home, but recent developments have begun replacing the open-plan, loft-like rooms with a complex of private chambers, jigsawed together around a smaller, cozy space that’s home solely to a bed.
Advertisement
Related Stories
Market Data + Trends
Vacation and Investment Home Market Insights
A recent report finds that beach homes are the most sought-after vacation-home type, and the investment potential of a second home is an important factor in homebuyers' purchasing decisions
Affordability
How Much Income Do First-Time Buyers Need to Afford the Average Home?
The median-priced home is unaffordable in 44 of the 50 largest U.S. metro areas
Affordability
What Is the Relationship Between Urban vs. Suburban Development and Affordability?
A new paper from Harvard's Joint Center looks at whether expanding the supply of suburban housing could, in turn, help make dense urban areas more affordable