Luxury Real Estate: What to Look For in 2021
An Interior Design Perspective
It is often we get smitten by extraordinary properties, their location and vibrance. What makes a property luxurious besides the prominent physical characteristics is the energy and imagination it can spike in a potential buyer. Are you planning on listing your property and wish to know the intricacies of positioning it where it belongs- amongst the top Toronto luxury listings? Our Team has a vast knowledge and expertise, but adding a special touch from a guest designer will undoubtedly provide a valuable list of things to look for in 2021.
Sotheyby’s International Realty has an exclusive insight from Valerie Stafford, Partner and a Lead Designer at Rumor Designs. She speaks of how the smallest detail can be the thread that weaves together vision and concept for a room. Her practice is focused on the quality of the materials in a space, from surface finishes and wall colours to lighting and fabrics.
Start With a Sense of Purpose
The thematic vision for a room might come from a single detail—but regardless of décor, it’s important to remember what exactly a space needs to achieve. “Each room should have a primary purpose,” explains Stafford, “and the furniture and lighting should support those functions.”
And while a room has a functional purpose, its visual style also plays an active role in shaping how the space feels for you and your visitors. “Our surroundings, whether we are aware of it or not, set the tone or mood for our experiences,” explains Stafford. “So at work or in the home, a beautifully designed space can create purpose, inspiration, energy, or peace.”
Look High and Low
One thing Stafford points out is that a room doesn’t necessarily have to have four walls in order to be a unique and functional space and evoke the luxurious touch. When faced with an open-concept space, she finds alternative ways to create distinctions without any need for conventional barriers.
Stafford notes that homeowners tend to underestimate the significance of lighting. There are three types she considers whenever she designs a room: task, for lighting up specific spaces for specific activities; ambient, for illuminating the room as a whole; and decorative, in which the light fixture itself is a unique, aesthetically-compelling unit worthy of display.
“One of the most common requests during a remodel is to add more light,” she notes. “You can never have too much, and you can always dim if needed.”
Pay Attention to Entrances
On the topic of inviting spaces, Stafford emphasizes the importance of first impressions. Especially when we are in the category of luxury homes in the GTA, we need to emphasize the importance of love at first sight, which is greatly influenced by a home’s entrance. Homeowners should take time to think through the experience of coming into a space — or of coming into the home.
“An entryway helps get your entertaining off on the right foot and makes your guests feel welcomed,” she says. “Whether it is as simple as a small table and a mirror to check yourself on the way out, or as grand as a water feature and chandeliers, you can’t go wrong keeping the design elevated in this area.”