How the Wellness Movement Will Transform Real Estate
It’s no secret that the state of the environment can have an effect on your mental well-being. But have you ever thought about how that same state affects your home? Recent research says that wellness literally starts in the home. Luckily the Global wellness real estate and communities sector, sees wellness as an opportunity to improve communities.
The report released by The Global Wellness Institute (GWI), showed that real estate and communities around the world are starting to adopt the wellness movement. Abq real estate and cities like Boston serve as prime examples of this change. Real estate and communities are now purposely centering their designs and redevelopment on people’s wellbeing.
Advocates for the movement claim that it would be impossible to curb the increasing rate of health risks and high health costs without making drastic changes to how and where we reside.
The US real estate market is currently the largest market, leading both China and Australia in demands for wellness homes. The question here is how the wellness movement will transform real estate.
More affordable healthy homes
Although many believe that only the rich can afford a healthy house, the wellness movement is expected to create collaborative development projects between developers and the government. This will ensure the low-income population has access to wellness-infused homes since they are more susceptible to health conditions.
While still in its infancy, many suspect that housing projects will begin to take these considerations in mind.
Restore diverse and multigenerational neighborhoods
Segregation and discrimination have been a bane of our society. Social interaction, between people of different ages, social classes, and life stages is a crucial part of the community and individual health. The wellness movement will create more culturally and socially diverse communities.
Some ways it can accomplish this is by creating common recreational places, like parks, that can unite people of communities and help clean up communities that have been left behind for the past few decades.
A transition from green to regenerative living
Going green and supporting ecosystem is the trend, but the introduction of state-of-the-art, renewing residential communities built on sustainable, healthy, green, biophilic design will ensure that people can have a constant supply of healthy food, renewable energy, clean air, and water.
Even small adjustments, such as the addition of solar panels and regenerative drinking fountains can entice new home buyers and significantly raise the value of a neighborhood, all while making it more environmentally sustainable.
Connect work, home, and leisure
With wellness in mind, communities will be designed to integrate homes, work facilities, and health resources strategically. This will subsequently cater to demands for a more relaxed and convenient lifestyle caused by the increase in remote work, work-life balance, cases of loneliness, and the sharing economy.
Increase use of technology to produce healthy cities and homes
New innovations in technology like smart homes, artificial intelligence, advanced telemedicine, sensors, etc. will be utilized in designing homes, towns, and neighborhoods. These innovations will meet people’s demand for complete wellness.
Beyond this, many cities have started employing energy benchmarking laws, as well as renewable energy standards to meet these goals. Generally, it takes a combination of both public policies and communities to encourage these policies.
Encourage the infusion of the medical industry and health services for wellness communities
There have been many experiments to check the synergetic effects of introducing the biomedical or health sector into residential neighborhoods. These experiments attempt to build advanced wellness communities by combining trailblazing medical companies, state-of-the-art health services, clinics, and hospitals, and wellness based homes and neighborhoods.
Restore attention to hot springs
For generations, situating wellness resorts close to thermal springs is a common practice. This is not common with the residential real estate. The wellness movement is expected to produce more residential areas located around thermal or mineral springs, with more people seeing the therapeutic effects of communal bathing.
The wellness movement is taking off across the United States and it promises to disrupt the real estate industry. It promises to be at the center of many communities who are reinvesting in large scale housing and community projects to create more sustainable living zones. How this will come about will be uncertain; whether it’s through private communities or public policies.