The pandemic may have encumbered the real estate market, but the zeal with which people are turning to luxury homes is unprecedented. Dispelling the pandemic blues, many real estate majors have started selling luxury residential properties that utilize avant-garde programming in the form of “vertical country clubs,” yoga studios, game rooms, and various childcare and hospitality services.
Because of these innovative ideas, luxury real estate has even more potential than the regular real estate market, especially for those people with financial power.
Customers now expect bespoke experiences for an exclusive lifestyle, with the aforementioned programming driving the property values higher over time. Ultra-high net-worth individuals (UHNI) have taken advantage of the positive changes in realty regulations, and are investing in luxury homes with unique features and facilities.
Water Attractions: The Key to Refining Luxury Real Estate!
When fantastical elements are built in the vicinity, such as water attractions and amusement parks, property values rise based on the success of that element. Recently, the Metro Development Group, a real estate company in the U.S., partnered with an international innovation company to build the 7-acre Epperson Lagoon in Wesley Chapel.
This is a luxury real estate property whose values will rise in time as the water attraction builds its brand value. Epperson is the master-planned community surrounding the Lagoon, with premium houses and condos for people looking to make use of those high property values. The Lagoon holds several fantastic features that bring in people from all over the state, and even country.
- 7-Acre Pool
- Floating Water Obstacle Course
- 50-feet Inflatable Slide
The latter is the main water attraction in the Epperson Lagoon. As you can imagine, water play structures like these redirect so many consumers to commercial establishments. They increase the brand value of the project and create favorable reviews among the populace. All this entails one thing in the larger picture: rising property values in the surrounding areas.
Themed Water Play Structures Can Be an Even Bigger Draw
Themed water play structures can be an even bigger attraction than a single-function structure like the aforementioned inflatable slide. Here are several benefits they hold in improving property values.
- Major Marketing Point: Most themed water attractions have a fantastical storytelling element to them that aids in building brand value. You could have one structure themed on a pirate ship, that opens up advertisements, merchandise, and costume ideas that follow that theme.
- Premium Rates Chargeable: Owners can charge premium rates when they have a themed water play structure that engages families for long hours.
- Engaged Residents: Residents of the neighbourhood will consistently throng the vicinity of the water play structure. Children are especially fond of the fantastic theme elements of these products; happy children usually entails happy families!
When residents are pleased, it entails the community’s coherence and familiarity with each other, and that ensures that they make enduring relationships and cultivate a sensitive stewardship of the land. The sustainability of the property rises with a caring and trusting community behind it, ready to pay good money to engage in its attractions. This holistic process improves property values, and which real estate developer can take a pass on that?