Connected systems are now part of the norm in the home industry, and custom builders and remodelers say they are here to stay. Tech options are a given in high-end homes. ~ Matt Cooke of OSLO Builders.
Minneapolis, Twin Cities Minnesota (PRWEB) October 07, 2014
The highest echelon of luxury home buyers in the Twin Cities make decisions to purchase homes well-endowed with pricy features that fill daily life with a more "convenient, accessible, and safe home", according to the Sept - October issue of Midwest Home.
"Whether you're biking around Lake Calhoun, viewing homes for sale on the shores of Lake Minnetonka Beech from a canoe, or walking and enjoying the luxury homes showcased on wooded lots for sale in Eden Prairie, it’s proven that well-financed Midwesterners fancy purchasing an upper-bracket home for sale in the Twin Cities," says Jenna Thuening, owner of Home Destination. Homeowners in all levels of housing across the metro benefit from the wealth of market stability these upper-bracket Twin Cities homes offer.
Custom Twin Cities home builders and remodelers say that high-tech options are a given in the luxury home market, spending extra for the convenience and sense of security are on home buyers list of must-haves. Currently there are 15 homes listed at or above 2 million by RE/MAX Results in the Twin Cities metro.
"Home security; heating, ventilation, and air conditioning (HVAC) control; lighting systems; and home appliances are all part of the mobile orientation in home automation," states the article in the September - October issue titled "Now Trending: Smart Homes."
As home prices in the Twin Cities hit new highs, it sifts some buyers out of the high ended homes for sale. Fortune 500 seniors, scouting for the right time and place to make a second home purchase or retire to a one-level single family home, are selling and buying some homes in the highest price tier in Minneapolis - St. Paul real estate. Buyers seeking a Lake Minnetonka Beech home seem undaunted by higher price tags. Demand has driven the median price of Minnetonka Beach homes up 94.8% within the last 12 months, now up to $1,305,400, according to the Northstar MLS.
The Twin Cities is home to many physicians and diverse medical professionals, wealthy real estate owners, land developers and property managers, university administrators, and CEO's of cutting edge software companies. A high concentration of households run by two-income professional bread-winners significantly increases the buyer pool that looks for a home with the features they want and who don't flinch at the bargaining table. Corporate headwinds spur position changes at top-levels and generate job moves that include selling an existing home to buy another.
"As fall settles in, some home building projects will now wait till next spring. The fall season presents fun events in the Twin Cities where you can discover which home features you may want on your wish list for your next home," comments Thuening. Seasonal tours of some of the metro's finest homes open up opportunities to decipher which high-tech items are no longer on the fringe but are now on the must-have homebuyers list. From the Summit Hill Association House Tour to the Fall Parade of Homes, visitors learn what luxury home features are trending.
About Home Destination - Twin Cities Real Estate:
Home Destination offers a loyal and committed real estate professional service that personally handles all the details of selling or purchasing a Twin Cities home. Highly regarded by peers as a Minneapolis metro expert for over 15 years, gain a skilled representative as guide to make the best possible housing decisions. Helping all home buyer types, from individuals seeking to buy their first home to individuals moving-up to a luxury home, Jenna Thuening has the real estate experience and acumen buyers and sellers benefit from.