Why a Lifestyle Property May Be Better for You than a House
Which is a better fit for you – a house or a lifestyle property?
Though a house and a lifestyle property each provide a dwelling in which to live, a lifestyle property offers something extra that a house does not.
To live a healthy lifestyle, your home has to offer a healthy environment – it shouldn't drain or exasperate you.
Home is where you spend most of your time and therefore it must support your physical health and your emotional well-being.
What is a Lifestyle Property?
Choosing the right neighborhood is one of the most important decisions a person makes in their adult life, because a house in not only a significant financial investment, it's a health investment.
Lifestyle Property is a phrase that you've perhaps heard lately. But what does it actually mean?
A lifestyle property is a home that has one or more unique features that help improve daily quality of life.
The right house for you is the house that best meets your unique needs and is within the parameters of your budget.
For example, if you enjoy taking an after-dinner stroll each evening, then moving into a neighborhood that lacks walkability is probably going to start to impact you negatively after a while.
It's important to look at daily habits honestly, and determine what your little joys are at home.
How to Create the Perfect Lifestyle
When your home is doing its job, it meets the holistic needs of your psyche:
- a supportive home will help calm your mind, restore your equilibrium, and create moments of serenity.
- a supportive home will facilitate fun.
- a supportive home will strengthen and energize you, so that you can go out into the world and make a positive difference.
Remember that the high-concept attributes that a home possesses are what make it a lifestyle property, and these are not always expensive.
A small cottage in a living-foods commune would be a lifestyle property, even if it is priced at only $90,000, because it's in a unique community where the residents share plant-based meals. To those who choose to live there, it offers a higher quality of daily living.
Another example of an affordable lifestyle property would be a warehouse studio in a historic downtown district. Replete with wide sidewalks and charming mom-and-pop shops, an industrial-motif studio near a stroll-able main street can be highly desirable. The fact that is has so many unusual amenities that would impact and improve daily life is what makes it a lifestyle property.
Most lifestyle properties, however, are luxurious. Many are estates that have their own unique feature – such as an accompanying vineyard, or an ocean for a front yard, or a vast organic hobby farm, or stables and trails for horses, or a private championship tennis court, or a designated heli-pad for the chopper. In Malibu, an estate such as this might be priced at $45,000,000. On the Big Island of Hawaii, a similar estate might be available for $3,000,000.
Not only are there lifestyle homes, but entire communities can be considered high-concept.
For example, there are villages in Southern California and Hawaii that offer lovely year-round weather coupled with all the benefits of living in creative environments surrounded by nature.
With improvements in technology and air travel, many people are choosing homes in warm-weather areas where nature becomes their office environment.
- Or, how about living in a lighthouse?
- Or, living off the grid with your own wind turbine and solar farm?
- The possibilities are endless!
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Is Your Neighborhood Doing Its Job?
Many people choose a home chiefly by its architecture style (it seems everyone has a favorite style – be it Tudor, Craftsman, Plantation, or Contemporary), but the architectural style of a home should just be one factor in your entire decision-making process.
Is your current neighborhood doing its job? Is it enhancing your quality of life in tangible ways?
Even more important than the style is the neighborhood the home is in and whether that home aligns with your favorite daily habits.
After choosing your new home, you'll be investing your hope, time and energy into that home for years to come.
As psychic-space becomes more crowded in the age of digital, it will be the physical spaces that offer increased access to serenity. The more a home accomplishes this, the more desirable it is and the more it is considered a lifestyle property.
Find Your Next Lifestyle Property
We are Dane Findley and David Findley and we help people upgrade their daily lifestyle by finding them the home that best matches their unique needs – including people who are relocating internationally.
We specialize in luxury lifestyle properties and estate homes, and represent clients in many of the best neighborhoods in the world.
How can we be helpful to you? You can phone us directly at 310-345-6911 with your real-estate related questions.
As an alternative – to help ensure that you have easy access to us for your future home-selling and home buying needs - we encourage you to sign-up for our FREE updates.
Every ten days or so, we shoot out a specific strategy on how you can improve your daily quality of life now (as a bonus, subscribers receive exclusive, instant access to our new free report, "How to Have the Best Year of Your Life").
Properties that facilitate daily joy and physical health are becoming the new ideal in real estate.
- what do you think makes a home a lifestyle property?
- what feature within the home that you live in now do you think is most unique?
- what unusual attribute do you hope to have in your next home?
Global Citizens Invest in Warm-Weather Lifestyles
Today’s culture is global.
More people are investing in properties overseas, and many established families who happen to own multiple homes are inclined to own at least one home in sunny Southern California and Hawaii.
Who do you know who would find this article interesting or informative? We encourage you to share it on social.
Global citizens from every country are relocating to the Southwestern United States every day. This geographical region is considered desirable in large part because of the year-round fair-weather lifestyle it provides.
David Findley is a Certified International Property Specialist who has a deep well of real estate knowledge – a proven track record of helping international clients find and invest in estate and lifestyle properties.
Together we have established a talented group of experts to help our clients have the most positive home-selling, home-buying, and relocation experience possible.
Additionally, we work seamlessly with a client's existing team of advisors (many have their own Business Managers, for example).
We research the nuances of the most desirable real estate markets across the globe and assist clients in navigating the constantly changing market conditions at the hyperlocal level.
- What lifestyle and climate would match you best?
- Do you enjoy year-round fair weather, or do you prefer clearly defined seasons, including snow?