Which Condo Amenities Are Most Important To Buyers In 2024?
The Top Condo Amenities
Welcome back to LUXE BLOG. Today we are talking about condo amenities. And that is because condo living in 2024 isn’t just about finding the right floor plan or location. In fact, the focus is on amenities. We all love them as they are the added features that transform buildings from simple structures into lifestyle communities. It’s not just about a gym or a party room anymore. People want more. And they're getting it. But not every amenity is created equal. Spark’s 2024 Power Rankings revealed what’s hot and what’s not in the world of condo perks.
What’s Driving The Trends?
Today's condo buyers and dwellers have evolving needs, and developers are racing to meet those demands. The idea is to make condo life as convenient as possible. Think about it — why leave the building if you don’t have to? Wellness spas, coworking spaces, and even pet wash stations are becoming the norm.
- Convenience is the key driver
- Reducing the need to leave home
- Catering to modern work-life balance
- Increased focus on family-friendly amenities
- Sustainability-driven features, like EV charging
The trends are changing fast, but one thing is clear: people expect more than ever from where they live.
Surprises & Steady Performers
Here’s the breakdown of which amenities are on the rise, which are holding steady, and which are losing their appeal according to Spark’s 2024 Power Rankings.
- Exercise Room (+)
Up 1 spot from 2023, fitness is still a priority. - Shared Rooftop/Green Space (-)
Down 1 spot, people want more than just a view. - 24-Hour Concierge (+)
Up 2 spots, security and convenience are non-negotiable. - Meeting/Party Rooms (-)
Down 1 spot, maybe we’re over the big gatherings. - EV Charging (+)
Up 4 spots, sustainability matters now more than ever. - Guest Rooms and Suites
New addition, a hit for accommodating visitors. - Bike Storage (-)
Down 3 spots, perhaps people are biking less or living in areas where it’s not practical. - Swimming Pool (+)
Up 3 spots, pools are back in demand for relaxation. - Secured Storage for Delivery/Grocery (-)
Down 2 spots, even though online shopping isn’t going away. - Remote Workstation (-)
Down 4 spots, as hybrid work settles, people may need less dedicated space. - Spa/Sauna
New addition, wellness-focused amenities are hot. - Pet-Centric Amenities (-)
Down 4 spots, but still important for pet owners. - Workshop/Tool Library (-)
Down 1 spot, not everyone is into DIY. - Car-Washing Station (-)
Down 1 spot, less of a draw in 2024. - Tennis/Squash/Pickleball Court
New addition, catering to sport enthusiasts. - Theatre Room (-)
Down 2 spots, personal streaming setups might be replacing this. - Billiard/Games Room (-)
Down 2 spots, maybe less of a social space for today’s condo dwellers. - Short-Term Rental Property Management
New addition, appealing for investors. - Yoga Studio
New addition, wellness focus is key. - Cold Plunge Pool
New addition, an emerging wellness trend. - Golf Simulator
New addition, perfect for the sporting crowd. - Wine Storage/Cellar
New addition, for those who appreciate fine wine.
Also Read: Remaining Ascent At The Phoenician Condo Units – Sept. 2024
What Matters Most In 2024?
The primary takeaway from these rankings is that condo amenities must meet the lifestyle needs of today’s buyers. While gyms and pools remain popular, there’s an increasing focus on features that support sustainability and convenience. Oh, and wellness! Families, too, are shaping these priorities. The amenities game is only going to get more competitive as developers continue to fine-tune what condo life should look like. Whether it’s EV chargers or cold plunge pools? The future is all about balancing the practical with the premium. And with families, investors, and pet lovers all vying for the best spots, the power rankings will likely keep evolving. Just like everything else that is real estate related. With that being said, we hope you enjoyed today's edition of LUXE BLOG. Keep checking back for more info-packed posts!
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