If you have a luxury home to sell, you may want to consider some updates for the newly minted Affluent.
Average age around 37, according to Luxury Portfolio report, they consider Luxury differently than their parents. Although many of them may have inherited their wealth and are accustomed to living “the lifestyle”; they want to use their own brands, they want their own real estate with their own needs met.
Home gyms and pools are a welcome addition as this generation really understands the need to stay fit and healthy. A pool might be harder to come by with limited urban space – that’s where the suburbs will shine again. Room to grow their families and perhaps be able to take care of elderly parents under the same roof. The suburbs that will remain popular are the ones with easy access to the urban areas. Train and drive time will be a large consideration. For the local area the NYC fast ferry is a large factor.