Luxury downsizing paves the way for custom renovations and remodeling projects
By Scott Murfey
After decades of defining high-end real estate in terms of size and scale, today’s affluent homeowners are becoming increasingly attracted to the lure of so-called “sensibly sized” housing, according to a report published in Forbes magazine. By trading in sprawling estates for smaller spaces, individuals can enjoy not only a more sociable living environment and increased energy and utilities savings, but a boost in discretionary income for custom renovations, remodels and interior design elements as well. This trend, known as luxury downsizing, is especially popular among empty nesters who find themselves ready to shake off the responsibilities of maintaining a large home without compromising their current standard of living; and it opens up a new realm of creative possibility for those who have always dreamed of expressing their unique style and taste or indulging their desire for technological efficiency through the amenities and design elements of their home.
When it comes to defining the little luxuries that make a house feel like a dream home, everyone has a different vision. For some, it means saving as much money as possible for travel – and therefore remodeling their home to be as cost-conscious and energy-efficient as possible with features like solar panels and Energy Star certified appliances. For others, it means achieving a high-style design aesthetic to create an oasis of color, light and individual character. And then there are those for whom luxury is all about the latest technology: sleek designs, high-quality entertainment and sound systems, and even a “Smart Home” application that allows homeowners to automate and control every mechanical and electrical system in their home remotely. From turning on the Jacuzzi and dimming the lights with a touch of a smart phone to monitoring streaming live security camera footage of the driveway from a tablet, automation technology is a reality for today’s homeowners – and just one of the countless options available in the realm of remodeling ideas and visions for the future.
Blending high-end style, technological savvy and proven experience for excellence in consulting and project management
Baby boomers in the process of downsizing may revel in designing a home made to suit their own needs and tastes, as opposed to those of their adult children; but at the same time, they may also wish to keep up with the technological times and enjoy the advantages of home automation features, remote-control lighting and blinds, streaming surveillance videos and other contemporary conveniences of the digital age.
At Murfey Construction, our breadth of experience ensures the smooth incorporation of such features into design plans in conjunction with key aesthetic considerations throughout the home. With expertise that runs the gamut from consulting to design to full project management and construction, as well as a background in high-end commercial and residential projects fitted with the latest technology, our team can guarantee a flexible, streamlined and top-quality process for outstanding custom results.
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