The Rise of Wellness Real Estate

An increasing trend toward wellness-focused real estate is shaping the way homes are built and renovated, with an emphasis on enhancing occupants’ overall health. The Global Wellness Institute has reported that the wellness real estate market was valued at nearly $400 billion in 2022, with a projected growth to over $887 billion by 2027. People are becoming more conscious of how their living environment impacts their health, leading to a shift in demand for homes that are proactively designed and built to support holistic health. This shift has also led to increased interest in amenities such as spa-like bathrooms, efficient HVAC systems, and air filtration systems. Additionally, there is a growing demand for wellness features in luxury properties, including cold plunge pools, cryotherapy, and medical recovery centers. While the current wellness real estate market primarily caters to affluent consumers, there are indications that the industry is working to expand its reach to more accessible housing options. Retrofitting and updates to existing homes are also becoming popular methods for making healthy home improvements.

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