Luxury Trends: 3rd Quarter 2023 by dicksonrealty

Luxury Trends 3rd Quarter, 2023

Luxury Homes Shine as Fall Colors Paint Northern Nevada Fall is a cherished time in Northern Nevada, characterized by cooler days and crisp nights. As temperatures dip, the trees transform into a glorious array of yellow, red, and gold. Families with children experience a shift in routine, with school days and after-school activities taking center stage. For empty nesters, this season offers a splendid opportunity to enjoy the tranquil ambiance, with fewer people venturing outdoors.

Please take note of our first graph, which provides insights into the luxury market for properties exceeding $2 million. Given the real estate landscape in our area, we have elevated the threshold for luxury properties to $2 million and above to better align with the evolving definition of "luxury." The final three graphs offer a detailed overview of properties exceeding $1 million, which is the benchmark commonly used in the luxury real estate market.

Now, turning our focus to the luxury housing market, it remains strong, albeit with some shifts and metrics that defy conventional expectations. Notably, the number of homes sold for over $2 million from January to September declined by slightly more than 10%, but prices rose by 3.3%, resulting in an increase in the average price per square foot. Homes also spent more time on the market, with an average of 165 days, marking a 43.5% increase compared to the previous year for the same period.

Incline Village had an active 3rd quarter in the sale of single-family homes, showcasing metrics that deviate from the norm. Unit sales increased by an impressive 28% compared to the 3rd quarter of 2022, while the median price experienced a 7.2% decrease. This suggests that sellers are pricing their homes more competitively in response to the current market conditions. The average price per square foot increased, and sellers accepted offers that were closer to their list price.

We are so grateful we remain the luxury leader in the Reno/Sparks area (approximately 27% more market share than the next brokerage for properties $2M and above), and we attribute this achievement to our 50 years of experience in marketing luxury homes in the region. This success is also a testament to the expertise of the agents we are proud to be affiliated with, who specialize in luxury properties.

The Incline Condo market during the 3rd quarter, as compared to the same period in 2022, exhibited positive trends across all metrics - including the number of units sold, the median price, the average price per square foot, and the percentage of the asking price realized. We are delighted to observe that the 3rd quarter of 2023 outperformed the same quarter in the previous year. However, there is a developing challenge in the Tahoe condo market, as Condo Associations are facing difficulties in securing affordable insurance due to increases in natural disasters, as well as stricter requirements for coverage (e.g., recent repairs).

While we are a local, independent real estate firm with an in-depth knowledge of the area, our agents invest a significant amount of time in discussions and collaborations with fellow members of Luxury Portfolio, an organization that markets and sells more luxury properties worldwide than any other luxury brand, including Christie's, Sotheby's, or Compass. In our own words, "We’re local. We’re global.™"

For more information on this matter, please reach out to your Dickson Realty Incline specialist at 775-8316600.

COVER HOME:

CEO, Dickson Realty Nv. License B.0019733CORP 775-691-2674

11180 Boulder Glen Way, Reno, NV $5,900,000 MLS# 230011440

Over $2 Million* 2023 vs. 2022

reno/sparks luxury MARKET SNAPSHOT

JAN-SEPT

2023

JAN-SEPT

2022

TOTA L H O M ES S O L D

AV ER AG E S O L D P R I C E

2023: 71 202 2: 79

202 3: $ 2 ,893 ,289 202 2: $ 2 ,8 0 0,30 8

AV ER AG E P R I C E P ER S F

AVERAGE DAYS ON MARKET

2023: $ 595.40 202 2: $ 564. 20

2023: 165 202 2: 115

-10.1% 5.5%

3.3%

43.5%

*Source: Northern Nevada Multiple Listing Service (NNRMLS) residential volume for transactions over $2 million in all Reno/Sparks areas (Area 100), January 1 - September 30, 2023

Top 5 Luxury Real Estate Companies 2023 Market Share for Reno/Sparks Homes Sold Over $2 Million*

35.3% 35.3%

DICKSON REALTY DICKSON REALTY

8.4%

Chase International

8.4% 7.9%

Chase International RE/MAX Professionals

7.9% 7.8%

RE/MAX Professionals Ferrari-Lund

7.8% 4.8%

Ferrari-Lund Non MLS Office

4.8%

Non MLS Office

34.55%

Dickson Realty market share for Reno/Sparks homes sold over $3 million in 2023

Luxury Home Sales By Month Over $1 Million* 2023 vs. 2022

80 80

68 61

# OF UNITS SOLD

2023

68 64 64 60 64 64

2022

44 39

34 34

49 40

36 36

42 42 38

39 39

44 44 36 36 36 36

39 39

39 39 30 30 30 30

20 20 16

0 0

Jan Feb Mar Apr May Jun Jan Feb Mar Apr May Jun

Jul Jul

Aug Sept Oct Aug Sept Oct

Nov Nov

Dec Dec

*Source: Northern Nevada Multiple Listing Service (NNRMLS) residential volume for transactions over $1 million in all Reno/Sparks areas (Area 100), January 1 - September 30, 2023

Luxury Homes By Price Range Over $1 Million* In Reno/Sparks

200

ACTIVE as of 9/30/2023

# OF ACTIVE & SOLD

SOLD Jan – Sept 2023

158

200 150

158

150 100

92 74 100 50

43 74

50 0

$1.0$1.3

43 $1.3-

$1.6

$1.0$1.3

$1.3$1.6

22 45

$1.6$1.9

$1.9$2.2 22

$1.6$1.9

$2.2$2.5 18

$2.5$3.0

$3.0$3.5

M 8I L L I O N S O F $

$1.9$2.2

$2.2$2.5

$2.5$3.0

$3.0$3.5

$3.5$4.0

$4.0$5.0

$3.5$4.0

$5.0$6.0 3

$5.0$6.0

$6.0+ 10

$6.0+

Months of Inventory Over $1 Million* In Reno/Sparks

The graph displays activity from January to September 30 in 2022 and 2023. We calculate the45.5 months of 45.5 inventory by comparing homes sold in the first nine months to the active listings on September 30. 40 50

45.5 45.5

Q3 Jan - Sept 2023

30 40

Q3 Jan - Sept 2022

27.3

MONTHS OF INVENTORY

24.95

17.06 13.15 10 20

3.8

$1.0$1.3 5.3

3.8

$1.0$1.3

5.25

3.67

$1.3$1.6 5.25

3.67

$1.3$1.6

5.26

6.96

4.05

$1.6$1.9 5.26

7.15

6.96

$1.6$1.9

$1.99.42 $2.2

7.15

$2.2$2.5 4.05

$1.9$2.2

5.20

$2.2$2.5

27.3 11.37

9.42 5.3

0 10

22.75

21.84

20 30

4.55 13.15

$2.5$3.0

24.95

6.82

17.06

0 11.37

$3.0$3.5

$3.5$4.0

6.82

$4.0$5.0

4.55

$2.5$3.0

22.75

21.84

$5.0$6.0

$6.0+

$3.0$3.5

$3.5$4.0

$4.0$5.0

$5.0$6.0

$6.0+

*Source: Northern Nevada Multiple Listing Service (NNRMLS) residential volume for transactions over $1 million in all Reno/Sparks areas (Area 100), January 1 - September 30, 2023

1.2 Million

annual global transactions

$586 Billion

total annual home sales volume

550

companies

4,700 offices

136,000 sales associates

70+ countries

spanning continents

Dickson Realty is a member of Leading Real Estate Companies of the World,® a global community of real estate companies awarded membership based on rigorous standards for service and performance. Every fifteen minutes a quality client introduction is made within Leading Real Estate Companies of the World.® As a member of Leading Real Estate Companies of the World,® Dickson Realty combines authentic, local expertise with global connections to the highest quality real estate firms worldwide. We’re Local. We’re Global.

incline village SNAPSHOT

incline village/crystal bay

incline village/crystal bay incline village/crystal bay 2023 2022 Single Family Homes - 3rd Quarter 2023 vs 3rd Quarter incline village/crystal bay 2023 Single Family Homes - 3rd Quarter 2023 vs 3rd Quarter 2022 Single Family Homes - 3rd Quarter 2023 vs 3rd Quarter 2022

2022 2022

(Luxury $2,000,000+) Single Family Homes - 3rd Quarter 2023 vs 3rd Quarter 2022 (Luxury $2,000,000+) (Luxury $2,000,000+) (Luxury $2,000,000+) Units SoldUnits Sold

Units Sold Units Sold

32 25

Median Price Median Price

$2,830,000 $2,830,000 $3,050,000 $3,050,000

Units Sold Units Sold

Median Price

From Last Year From Last Year

$2,830,000 $3,050,000

Median Price Median Price

Median Price $2,830,000

$3,050,000

Average Sold Price Per SQFT

$1,019

Average Average Sold Price Per SQFT Sold Price Per SQFT Average Sold Price Per SQFT

$1,019 $1,019 $963 $963

$1,019

$963

Percent of List Price Recieved

96.8%

Percent of List PricePercent Recievedof List Price Recieved 100% 94% Percent of List Price Recieved 100%

96.8% 96.8% 94% 94%

28% 28%

96.8% 94%

-7.2% -7.2%

From Last Year From Last Year

Average Price Per SF Average Price Per SF

5.8% 5.8% 100%

From Last Year From Last Year % of Ask 100% Recieved % of Ask Recieved

3% 3%

2023

2022

Units Sold Units Sold

28% 28%

From Last Year

Median Price

-7.2%

From Last Year

From Last Year Average Price Per SF

5.8%

Average Price Per SF

5.8%

From Last Year

% of Ask Recieved

From Last Year

% of Last Ask Recieved From Year

market statistics From Last Year From Last Year

incline village/crystal bay incline bay Condos - 3rd Quarter 2023 vs 3rd Quarter 2022 2023 inclinevillage/crystal village/crystal bay 2023

From Last Year

2023

market statistics market statistics market statistics Source: Incline Village REALTORS®. Copyright 2023 Dickson Realty. Source: Incline Village REALTORS®. Copyright 2023 Dickson Realty. All Rights Reserved. Source: Incline Village REALTORS®. Copyright 2023 Dickson Realty. All Rights Reserved.

Condos - 3rd Quarter 2023 vs 3rd Quarter 2022

Condos - 3rd Quarter 2023 vs 3rd Quarter 2022 All Rights Reserved. Condos - 3rd Quarter 2023 vs 3rd Quarter 2022 (Luxury $1,000,000+) (Luxury $1,000,000+) (Luxury $1,000,000+) (Luxury $1,000,000+) Units SoldUnits Sold

Units Sold Units Sold

19 17

Median Price Median Price

Units Sold Units Sold

$1,280,000 $1,280,000 $1,250,000 $1,250,000

From Last Year From Last Year

$1,280,000 $1,250,000

Median Price Median Price

Median Price $1,280,000

$1,250,000

Average Sold Price Per SQFT

$833

$822

$833

Percent of List Price Recieved

$822

97.2%

Percent of List PricePercent Recievedof List Price Recieved 100% 95.3% Percent of List Price Recieved 100%

97.2% 97.2% 95.3% 95.3%

11.8% 11.8%

Median Price

Average Average Sold Price Per SQFT Sold Price Per SQFT Average Sold Price Per SQFT

$833 $833 $822 $822

2022 2022

97.2% 95.3%

2.4% 2.4%

From Last Year From Last Year Average Price Per SF Average Price Per SF

1.3% 1.3% 100%

From Last Year From Last Year % of Ask 100% Recieved % of Ask Recieved

2.1% 2.1%

2023

2022

Units Sold Units Sold

11.8% 11.8%

From Last Year

Median Price

2.4%

Median Price

2.4%

From Last Year

From Last Average Price PerYear SF

1.3%

Average Price Per SF

1.3%

From Last Year

% of Ask Recieved

From Last Year

2.1%

% of Last Ask Recieved From Year

2.1%

From Last Year From Last Year

From Last Year

(Data source: Incline Village REALTORS®)

9435 Timothy Drive Reno, Nevada OFFERED AT

$12,000,000 The Farm, is an oasis of 17 bucolic acres in the heart of south suburban Reno with a variety of mature trees, stocked fish pond, pastures, vegetable gardens and floral delights at every turn. The entire property is secure with fences and gates. Every living space, from the charming sun room to the cozy family room features stunning views of the Sierras and Mount Rose. Coming up the drive, framed by Pin Oaks, you pass the original home from 1950 which now serves as a guest house.

Rebecca Dickson 775-742-2120

Pending

830 Tyner Way Incline Village, Nevada O FF ERED AT

$9,999,800 Vista del Lago. Stunning home with endless panoramic views of Lake Tahoe, the mountains, and Crystal Bay Point from every room. Completely remodeled w/smart home features throughout, meticulously maintained and designed to enjoy the Tahoe lifestyle. Adjacent, is 185+ acres of IVGID land, enhancing the privacy. Radiant in-floor heat, hand scraped reclaimed oak flooring and custom cabinetry.

Erik Sesma 775-298-9754

Karen Bruno 775-232-4109

29 Bennington Court Reno, Nevada OFFERED AT

$7,977,700 Welcome to 29 Bennington Ct where you are king of the world. This home is a spectacular singlelevel residence in Reno, NV, where luxury meets privacy. This 3-bedroom, 3.5-bathroom home offers unparalleled 360-degree views of Mt. Rose and the city, ensuring that every window captures a stunning vista. Designed for those seeking privacy and breathtaking views, this home boasts a variety of topof-the-line features and upgrades.

Joseph Wieczorek 775-742-2120

11180 Boulder Glen Way Reno, Nevada O FF ERED AT

$5,900,000 Welcome home! Where luxury living meets breathtaking views! Allow me to describe this stunning luxury home nestled in this picturesque city. Located in a secluded gated community, this exceptional residence offers panoramic views of Reno. The moment you step onto the property, you'll be captivated by its grandeur and elegance.

Allison Arevalo 775-378-8482

Pending

170 Hawken Road Reno, Nevada OFFERED AT

$5,850,000 Introducing a new custom home in the gated community of Eaglesnest at Caughlin Ranch. The large Lowen windows throughout the home allow natural light to flow into every room; effortlessly integrating indoor and outdoor living. Enjoy sweeping panoramic views of the city and mountains. Soak in the sunsets from the comfort of your private terrace with an outdoor fireplace and TV. This mountain modern home offers the perfect balance of luxury and comfort.

Rebecca Dickson 775-742-2120

Pending

6755 Franktown Road Washoe Valley, Nevada O FF ERED AT

$5,650,000 A coveted location in Washoe Valley featuring peaceful, panoramic views across the valley. In perfect condition with freshly refinished hardwood floors throughout. The comfortable one level floor plan features a great room, wet bar/wine cellar, a spacious study, formal dining with prep pantry connected to kitchen and a laundry/mud room just off the garage complete with dog washing station! Comfortable country living,a ten minute drive to Carson City and twenty minutes to South Reno.

Rebecca Dickson 775-742-2120

Current Dickson Luxury Listings Click on the MLS number to view each listing online.

Active

$12,000,000

9435 Timothy Drive

Pending

230008163

Rebecca Dickson , 775-742-2120

Active

$7,977,700

29 Bennington Court

170 Hawken Road

230008888

Joseph Wieczorek , 775-335-5962

7045 Aspen Glen Road

230006751

Erik Sesma & Karen Bruno , 775-298-9754

$5,900,000

11180 Boulder Glen Way

230011440

Allison Arevalo , 775-378-8482

Pending

230007308

Rebecca Dickson , 775-742-2120

Active

$4,598,000

830 Tyner Way

Active

Pending

$5,850,000

$9,999,800

$5,650,000

6755 Franktown Road

220012732

Rebecca Dickson , 775-742-2120

Active

230011197

Lori Welsh , 775-771-6574

$4,490,000

13425 Welcome Way

220014402

Jay Kenny , 775-848-6549

Current Dickson Luxury Listings Click on the MLS number to view each listing online.

Active

$4,375,000

230009804

386 Questa Court

Carol Bond , 775-690-1870

Active

$3,995,000

2255 Warrior Lane

6113 Rancharrah Parkway

230011397

Amy Keiffer , 775-560-9841

Active

230008806

Joseph Wieczorek & Kristen Gil, 775-335-5962

Active

$3,900,000

605 Deer Mountain Road

1230 Broken Feather Court

$3,950,000 6 Silver Saddle

230009060

Sullivan Neal Luxury , 775-849-9444

Active

230006433

The Keenan Group , 775-846-9726

Active

$3,500,000

$4,200,000

$3,500,000

1860 N Winnie Lane

220015760

Christina Rice , 775-220-6281

Pending

230006498

Sullivan Neal Luxury , 775-849-9444

$3,300,000

20560 Parc Foret Drive

230011911

Sullivan Neal Luxury , 775-849-9444

Current Dickson Luxury Listings Click on the MLS number to view each listing online.

Active

$3,295,000

510 Highland Road

Pending

230008926

Cathy Hamel , 775-224-1957

Pending

$3,200,000

600 Island Avenue

6149 Triple Crown Drive

230009729

Rebecca Dickson , 775-742-2120

751 Aspen Trail

210012623

Sullivan Neal Luxury , 775-849-9444

$3,100,000

5192 Bordeaux Court

210018199

Sullivan Neal Luxury , 775-849-9444

Active

230002091

Rebecca Dickson , 775-742-2120

Active

$2,949,000

5108 Bordeaux

Active

$2,955,000

$3,200,000

$2,950,000 4105 Old US 395

230007487

Rebecca Dickson , 775-742-2120

Pending

230009613

The Keenan Group , 775-846-9726

$2,870,000 5132 Bordeaux

210012626

Sullivan Neal Luxury , 775-849-9444

Current Dickson Luxury Listings Click on the MLS number to view each listing online.

Active

$2,850,000

855 Lake Country

Active

1013712

Laura Beck , 775-742-4093

Pending

$2,750,000

20840 Parc Foret Court

5180 Bordeaux Court

210015773

Sullivan Neal Luxury , 775-849-9444

20805 Parc Foret Court

230005843

Joseph Wieczorek , 775-335-5962

$2,685,000 5144 Bordeaux

210012627

Sullivan Neal Luxury , 775-849-9444

Active

220000652

Sullivan Neal Luxury , 775-849-9444

Pending

$2,600,000

10305 Dryden Drive

Pending

$2,630,000

$2,795,000

$2,600,000

14255 Table Rock Court

230006730

Anne Lichty , 775-750-3000

Active

230007865

Sullivan Neal Luxury , 775-849-9444

$2,575,000 724 Canter Way

230004725

Maxwell Giesler , 775-530-8366

Current Dickson Luxury Listings Click on the MLS number to view each listing online.

Pending

$2,550,000

20845 Parc Foret Court

Pending

210002412

Sullivan Neal Luxury , 775-849-9444

Pending

$2,450,000 5120 Bordeaux

5168 Bordeaux Court

210012625

Sullivan Neal Luxury , 775-849-9444

566 Socorro Court

210014473

Sullivan Neal Luxury , 775-849-9444

$2,395,000

2550 Old Waverly Court

230011327

Diana Renfroe , 775-843-0777

Pending

210014471

Sullivan Neal Luxury , 775-849-9444

Pending

$2,350,000

5156 Bordeaux Court

Active

Pending

$2,390,000

$2,470,000

$2,350,000

6 Bret Harte Avenue

230010500

Don Dees , 775-742-0669

Active

220016951

Anne Lichty , 775-750-3000

$2,300,000

6345 Wetzell Court

230009614

Sullivan Neal Luxury , 775-849-9444

Current Dickson Luxury Listings Click on the MLS number to view each listing online.

Active

$2,200,000

5775 Clarens Court

Pending

230011873

Sullivan Neal Luxury , 775-849-9444

Active

$2,150,000

3485 Lunsford Court

650 Oxbow Court

20820 Parc Foret Court

200016213

Sullivan Neal Luxury , 775-849-9444

Pending

230008793

Amanda & Scott Gunter , 775-525-1528

Active

$2,095,000

$2,170,000

$2,100,000

66 Caballada Street

220006728

Heather Houston , 828-489-8124

Active

230009188

Kellen Flanigan , 310-710-4016

$2,070,000 41 Campolina

230009204

Heather Houston , 828-489-8124

SEEING THE

Light Chandeliers at L’ Hôtel de Marine, Paris, France Image Credit: Connie Perez on Unsplash

Lighting designers are dreaming up new approaches to a high-end classic –

the chandelier By LINSEY STONCHUS

Chandeliers have long been showcased in the world’s grandest spaces. Recall thesplendor of the Hall of Mirrors in the Château de Versailles, the extensive collection in Dolmabahçe Palace in Istanbul or the masterpiece within the Paris Opera House, which, consequently, served as a source of inspiration for The Phantom of the Opera. Once adorned with candles, modern technology has extinguished concerns of melted candlewax and expanded the realm of possibilities. For instance, Melbourne, Australiabased lighting designer Christopher Boots has brilliantly mastered old and new, incorporating ancient lost-wax casting sculpture methods while embracing modern lighting capabilities. “While the chandeliers are works of art in and of themselves, there is a functional quality too — they are lights,” says James Marshall, vice president of Christopher Boots. “Our pieces are connected to centuriesold artisanal processes and geology, but also contemporary LED-technology that allows for exacting control over the light levels within a space,” he says.

SHEDDING LIGHT

While chandeliers are now synonymous with grandeur, they had much more humble beginnings. The French word chandelier fittingly translates to luster, but the English term is derived from chandelle, the word for candle. The Encyclopedia Britannica defines the fixture as “a branched candleholder — or, in modern times, electric-light holder — suspended from the ceiling.”

These hanging candleholders were first made pre-1000 C.E. of wood or iron, simply shaped and used in Anglo-Saxon churches. A couple of centuries later, large openwork hoops of iron or bronze supported multiple prickets, or spikes, for candles, per the Encyclopedia. Further change came along with brass chandeliers made in the late European Middle Ages, still mostly for churches, before the fixtures began gracing the ceilings of palaces and affluent homes. In the 18th century, the Netherlands gained renown for its brass chandeliers boasting a boldly shaped baluster stem terminating in a large, burnished, reflective sphere. S-shaped branches ending in sockets sprang from the stem. Fine chandeliers in silver, as well as carved and gilded wood, were made in England and France during the 18th century. Indeed, the earliest English glass chandeliers date from the 1720s and were of plain design with a ball at the base, per Encyclopedia Britannica. Eventually, these confections became quite elaborate, with glass icicles around the shaft and long cascades of pear-shaped drops. On the European continent, the most elaborate chandeliers were usually made of rock crystal, but many glass chandeliers were made in Italy and Bohemia (present-day Czech Republic). Venetian chandeliers were known for their multihued glass and floral ornament. Besides Venice’s Murano, other makers of chandeliers included Baccarat, Hancock Rixon & Dunt and F. & C. Osler, with roots in Italy, Britain and Bohemia. Now, their chandeliers hang in Indian and European palaces, presidential residences,

grand hotels, churches, synagogues, mosques and historic public spaces, not to mention private homes of collectors.

HIGH DESIGN

Chandeliers have evolved over the millennium, mixing old designs with new. French interior designer Stéphanie Coutas fully leans into classic chandelier design with her aptly named Paris chandelier. The piece features diamond-cut crystals and chrome arms — an ode to the fixtures in her city and a collaboration with Baccarat, the very same artisan that made the chandeliers in Dolmabahçe Palace, among other iconic spaces. Ms. Coutas created her Paris chandelier with fellow interior designers in mind, opting for a wider diameter and shorter height to better fit most rooms, especially within residences in urban centers such as New York or Tokyo. Its dimensions serve a dual purpose, simultaneously enhancing the perceived size of a room. “Chandeliers create an illusion of a bigger room and accentuate the flow of a space,” Ms. Coutas says. “For example, when placing a horizontal chandelier in a living room, it can make the space appear wider, or, if positioning a chandelier in a staircase, it adds a sense of drama while linking the levels,” she says. Most importantly, chandeliers impact a room’s lighting. Despite their innate drama, the diffusing effect these fixtures have on both natural and synthetic light achieve a sort of calm consistency within the rooms they inhabit. “With crystal or glass chandeliers, light passes through the material and creates multiple refractions that change throughout the day depending on the natural light,” Ms. Coutas says. “Chandeliers create a focal point within a room while diffusing more light into the space and contributing to its mood and ambience,” she says.

SET IN STONE

In addition to glass, diffused lighting is also achieved using natural quartz, a common material within the chandeliers from Christopher Boots. For example, his Prometheus line features uncut quartz crystals, capturing the style for which the brand is known. “Christopher Boots has been categorized as ‘rough-luxe,’ an aesthetic that embraces

the handmade, simplicity and rawness while still maintaining a sense of elegance and sophistication,” Mr. Marshall says. “Christopher is deeply influenced by the natural world, and thus instills the importance of nature in our design team and the company as a whole,” he says. “There is a drive to honor materials and keep them as pure as possible. We are always looking to nature as the grounding source of inspiration for the studio’s visual language and identity.” The quartz crystals of Prometheus each vary in size, shape and scale, demonstrating the uniqueness of Mother Nature. “The Prometheus range and its use of natural quartz crystal has become synonymous with Christopher Boots, and was the first piece to gain global recognition,” Mr. Marshall says. Like most of Christopher Boots’ other works, it is influenced by Greek mythology, a fitting match for the thousands-year-old stone used in the brand’s projects. Christopher Boots’ choice material, quartz, can also be found in the “sliced boulders” of Petra, a chandelier featured prominently in the Cartier flagship store in New York. Summarizing the varied work of Mr. Boots’ design studio, Mr. Marshall describes the chandeliers as “jewelry for the home.”

PERFECT PLACE

Living rooms and stairwells, as mentioned by Ms. Coutas, are excellent areas of the home to place a chandelier. Mr. Marshall also recommends adding them to dining rooms for a grand statement, especially paired with a beautiful dining room set. Other chandelier complements include “a custom lounge suite, masterfully crafted architectural elements such as a staircase or cabinetry, and even a painting or other artwork,” Mr. Marshall says. Ms. Coutas suggests creating features to further emphasize the chandelier. “I think it is interesting to work the moldings on the ceiling around the shape of the chandelier you are installing so that the space has a connection with it,” she says. Windows, too, pair well. “Framing the piece in a large window can accentuate and complement a chandelier,” Mr. Marshall says.

“Over the past three years, more of our clients have been spending extended time at their mountain homes, from Aspen to St. Moritz,” he says. “These settings provide an unmatched backdrop, and the natural qualities of the materials in our work pair perfectly with these rare landscapes.” In the case of Christopher Boots’ chandeliers, the mountains are a direct tie to the quartz adorning them. The glass crystals from Ms. Coutas’ Paris chandelier, meanwhile, may capture the shimmering natural light pooled from a window, especially in the presence of a snowy mountainside. Alternatively, achieve “a quieter moment in a powder room or bedroom,” Mr. Marshall says. “A large statement piece can really make a room, and other elements can be treated more minimally. “We are also doing more work on yachts, which, while challenging in terms of installation, can make for a stunning installation,” he says. NO MATTER WHERE a chandelier is placed, it certainly draws the eye — an important feature in any space. “There always needs to be a focal point,” Ms. Coutas says. The sky is the limit in the ways in which residents can pair a chandelier with other elements within a home, even if it steals the show. As Mr. Marshall advises, “Don’t be scared to go big.” Text reproduced with permission from Luxury Portfolio International and Luxury Portfolio magazine. © Luxury Portfolio International. All rights reserved.

Musée du Louvre, Paris, France Image Credit: Amy-Leigh Barnard on Unsplash

21 Evropeyska Street, Berdychiv, Ukraine Image Credit: Anton Ivanchenko on Unsplash

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