In It for the Long Haul

More than half of luxury home buyers (61 percent) view their next home purchase as a ‘legacy property for their heirs,’ and an equal amount want the ability to age-in-place (66 percent) .

Part of their legacy may include housing multiple generations of family (76 percent), single-floor living capability and even a place to receive medical professionals for non-acute treatments (such as hydration, level testing and regular checkups).

Two-thirds of buyers also have sensitivities to light or sound, suggesting another level of renovation that may be needed in busy areas.

Bottom line: Luxury buyers are seeking homes that can do it all. They are planning for the long haul even if life takes them to other places later on.