7 Types of Homes the Rich Will Buy in 2024

Author: GoBankingRates

Turnkey Homes

Experts say that those with the money don’t want to spend it on fixing up a home. Instead, they’re looking for something that already has the updated bells and whistles so they can just move in and enjoy.

“Their goal is to purchase, possibly work with their designer on interior items and then move right in quickly with no major work to be done by them,” said Ralph Herrera, the senior real estate advisor at Engel & Völkers.

Homes With Minimal Maintenance

The days of fuzzy flooring and expansive greenery in the front and back yards might be behind us according to Laurel Vernazza, a home design expert at The Plan Collection.

“Many want materials in their home that require little to no time and upkeep, like hardwood floors over carpet, metal roofs, and composite decking. Outdoor xeriscaping and native plant gardens are also a trend.”

Xeriscaping means there’s little irrigation needed, which actually makes for a more environmentally friendly yard, as there’s little to no water waste. 

Read more here.

This was also published to  AOL and Yahoo! Finance.