In a recent Wall Street Journal article, the latest trend in high-end homes is a lavish luxury master suite. According to the article "with square footage that rivals the average American home, master suites in luxury properties come with private pools, kitchenettes, gyms and spa amenities"
The master bedroom is now...the master suite. Master suites are now becoming the home within a home. In high-end construction and remodels, virtually anything you'd normally find in the rest of the house is now just a few footsteps from the bed.
We recently placed a 1910 craftsman Dilworth home on the market. This home has a 2nd floor of which boasts a roughly 1,000-square-foot master suite wing. The space, offers 2 custom walk-in closets as large as many bedrooms, a bathroom equipped with jetted tub for two, oversized steam shower equipped with multiple shower heads, bidet, fireplace, laundry room equipped with a kitchenette, media/entertaining room, widescreen tv's and a screened in porch with a fireplace perfect for a glass of wine in the evening.
This master suites allows the owners to enjoy their first cup of coffee or an evening cocktail. It is the perfect getaway for their busy lives and puts a new twist on the term, staycation.
The listing agent, Chris Carter at Carter Group Realtors, says that the master bedroom is going to add significant value to the house. Master suites often rank 2nd only to the kitchen/living area in historic home neighborhoods in Charlotte such as Dilworth, Myers Park, and Elizabeth. Although older homes in these neighborhoods provide the character, charm and family-friendly atmosphere with a minutes commute to Uptown, they don’t traditionally have large rooms and upgrades that new luxury homes have without remodels. As demand for premium properties continues to rise, more evidence is gathered to support the demand for these "personal homes within the home".
In the past five years, I have witnessed a rise in home remodeling especially in the Dilworth, Elizabeth, and Myers Park neighborhoods. The remodels generally happen by expanding the kitchen and master bedroom. Since home prices in these neighborhoods have steadily continued to rise, homeowners have turned to remodeling as a way to get the home of their dreams.
To read the full WSJ article click here
