Boomers Focus on Changing Lifestyle
Entering the world in
such great numbers and professional beyond their wildest
dreams, baby-boomers have matured into a ready-made
market for luxury housing.
Their desire for an upscale lifestyle has grown entire
product lines and industries that simply didn't exist.
Look in the direction of the log home industry.
You wouldn’t figure that
David and Stephanie Robinson were born to be in the
log home business. The couple met during Desert Storm
when they were both in the Navy. David was a pilot
and Stephanie was in Support. Starting out in Florida,
the professional couple survived a fast-paced airlines
existence for years. Then the Robinsons decided to
pursue their ‘dream’ lifestyle. The couple
wanted a log home. And the idea of building their
business in prime vacation area provided the lucrative
lure.
In 1979 David helped his parents
build their log home. Stephanie’s sister also
lived in a log home and was a log home dealer. So
they had a good idea of what they needed to build
their future on. The couple selected Wisconsin Log
Homes, who pioneered Thermal-Log, a hybrid energy
efficient building system, which allows home buyers
the use of drywall or log interiors.
“We knew people who built
solid log houses who weren’t totally satisfied,”
says Stephanie. “One problem is the way cold
air finds its way through the stacked-log walls,”
adding “a host of concerns were eliminated by
selecting the right company.”
After consulting with Tom Steber,
of Wisconsin Log Homes, Stephanie located a small
commercial lot in the heart of Centuria, Wisc. The
site is about an hour drive from Minneapolis, where
Dave works as pilot for Northwest Airlines. “Their
log home team helped us to better understand our target
market,” says Stephanie. “We sold three
homes while our model was still under construction.”
The couple now owns their own
general contracting business and Stephanie is a licensed
Realtor. While the Robinsons have built exclusive
log retreats, in excess of a million dollars, the
average client will invest approximately $200,000
for their lakefront log home.
“When we got into the
business we were building our dream,” explains
Stephanie. “Now we’re helping other people
realize theirs.” As David puts it, “residing
on a lake and working with log homes; we’re
living on vacation.”
Because baby boomers are lifestyle
oriented and are focused on how they want to live
rather than where they want to live, vacation homes
are the answer to their needs; for recreation, retreat,
renewal, and reunion.
With adult children scattered
about the country, a vacation home often becomes the
reunion place where family can gather and get in some
skiing and fly fishing as a bonus.
In addition, more and more successful
Americans are planning to work during retirement.
Today’s technology allows them do so, and to
begin the transition earlier in life.
That’s how it was for
72 year-old Rolf Funk, a builder/dealer for Wisconsin
Log Homes, who had long dreamed about building a satisfying
retirement lifestyle.
Hidden behind three mountain
ranges, just 35 miles from Jackson Hole, lies Alpine,
Wyo. and Rolf’s beautiful log home.
His custom-designed 3,200 square-foot
home has 8-inch saddle notch logs over the insulated
6-inch thick core wall. “Once the home is done
it’s draft-free,” says Funk. “This
energy smart building system gives us the comfort
we’re looking for out here.” Nestled in
the rugged valley the home is at one with nature.
Abundant wildlife, including
a thousand elk that winter in a refuge south of town,
wanders through the forest. “We have 150 miles
of groomed snowmobile trails surrounding Alpine,”
says Rolf, who’s love for downhill ski racing
led him to snow covered mountains several years ago.
“I’ve guarded my
reputation by doing the best quality work I can,”
says Funk, who has been selling and building these
insulated log homes for 12 years. “Without a
good reputation, you’re not going to have a
business.” And when the client is paying upwards
of a million dollars for their home, “you need
a trusted log building system.” Funk says. “I
offer home buyers the best of both worlds with Thermal-Log.”
In the coming decade, waves
of baby boomers -- the same group that has buoyed
the housing market in general -- will reach vacation-home
prime time.
Steber says, “Plenty of
opportunities exist for quality contractors who have
a passion to build dream homes,” adding that
what we really know about baby boomers is that “they
don’t want what their parents wanted.”