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Builders and homesellers, make sure you are hitting the sweet spot with buyers! 

Here are latest home trends for 2008 revealed in annual survey by Mark Nash, real estate author, (Nash surveys 886 real estate agents in U.S. and Canada).

What’s Hot  in 2008

Destination Bathrooms  The master bath has evolved into “the home getaway with multiple task areas, featuring freestanding or “throne” bathtubs in the center of a soaking room, multiple flat screens TVs and wireless Internet so you don’t miss anything as you move from bathing to grooming to lounging. If the bathroom is outfitted for serving bars, wine coolers, espresso machines and grazing snacks, all the better.  (Definitely seeing this trend in Oakville luxury homes)

Pet Showers  The kitchen or work sink is out for the dog bath. Dedicated dog showers are an emerging trend. Be it in a mud or utility room, garage corner or basement, dog lovers want a place to clean their pooches after a visit to the neighborhood dog park. Common dog showers feature a 3′ x 3′ shower base, surrounded by ceramic tile 4 feet up the wall. Pet showers are all about convenience: Fido can step in, eliminating the master’s need to lift. (Seeing these in many $1 million+ homes in South East Oakville)

Monitoring and Controlling with Hand-held Devices. Forgot to turn off the coffee maker, close or open the blinds, turn the heat down or the air conditioning up? The latest technology lets hand-held devices open or close the blinds, turn lights on or off, or let Fido out the electronic pet door. The home owner can be around the corner or across the country and still determine what’s going on at home.

Home Elevators  Catering to the aging baby boomer population, home elevators are another trend. You don’t have to move or downsize when you get older. Simply have a mini-elevator installed and you’re all set for the future. No more unsightly and very 1970s chair-on-the-rail-system for these financially flush, forward-thinking home buyers.

Outdoor Living Spaces Nash says outdoor living spaces that look interior are a very hot item for 2008. These spaces are decked out with massive fireplaces, flooring, walkways, custom kitchens and even artwork, fabrics and finishes that will hold up against Mother Nature.

New Home Energy Options The environment is a big part of the home scene. Eco-friendly homeowners are also looking for new home energy options. More and more builders will be employing out of the ordinary energy sources, such as solar panels and windmills. Using materials and systems that help protect the environment are not just a fad, notes Nash.   “Home buyers are asking about how their potential new home can save the planet,” he says. “It’s more than a trend, it’s a convenient truth.”

Off-grid homes. Solar panels, windmills and inverters are here to stay in a big way. With brown-outs and power line-damaging storms on the increase, buyers in 2008 will look for hybrid home-energy options. Even being partially off-grid beats getting expensive power from coal-fired utilities to these eco-energy users.

Floating homes. If your ‘hood has calm, protected waters, you’ll soon have floating homes that look like conventional, soil-situated structures. From Louisiana to Vancouver, floating homes are being chosen as primary home. Plus, watching sunsets are a more enjoyable and greener alternative to lawn mowing.

Concealed appliances  Buyers bypass matching cabinet panels that are used to disguise the ubiquitous refrigerator and dishwasher. Hinged and pocket doors are the latest way to integrate visually those boxy necessities and make the kitchen more non-traditional and less functional-looking.

What’s Not

Formal Living Rooms  The living room belongs to a bygone era. The great room has officially replaced the traditional living room. Homeowners are favouring more of an informal open space that combines the eating, cooking and living space in one. Nash refers to the living room as the “forced museum”. (In viewing homes with buyers, we often see the living room being used as work-out space, pool room, home office, craft or hobby place.

Soaring cathedral ceilings are now being seen as wasteful. Buyers prefer ceilings between nine and 11 feet in height.  If you can’t add a loft in a soaring room, “downsize me” height-wise, buyers say.

Bigger Is Not Better  Goodbye to what Nash calls the “McMansions”. Huge homes that boast massive square footage are out. In 2008, homeowners are looking for quality, not quantity. Nash says size doesn’t matter as much as quality finishes.  (On that note, we are seeing custom rebuilds in Oakville sit on the market if finishings, fixtures, workmanship are not of a high standard.)

Mosaic Tile and Retro-70’s Look  Mosaic tile is on its way out.  Intricate, detailed tile is very costly and time-intensive to remove and it really reflects the previous owner’s taste. In general the retro-70s chic look is becoming a thing of the past.

Need help getting your home ready for sale? Click here to Contact Hilary and her home-selling team today!