94 percent of luxury homebuyers would swap 1,000 square feet of living space for a lifestyle amenity. That may not seem like much, but the message is that square footage as a status symbol is being replaced by smart, efficient, and amenity rich homes. A home that supports a more comfortable quality of life has become the top decision criteria for today’s luxury buyer. In addition, many luxury homeowners are downsizing their primary home to have a second or third home on a lake, beach, and ski area. They remain tied to this area because of family, friends, and business.