The Personality of the American Home, an expert’s look at Generations of People Who Own ‘Stuff,’ is a result of five years of observations of appraiser’s clients, spanning four generational groups. What it narrates is a story of a shape-shifting change in the concept of HOME.
The objects collected in your home are valued – yet that value is changing. Value is generationally relative to the speed and changeability of life in the 21st century.
Attitudes about “home” historically have changed through the generations; what your grandparents thought was necessary for a proper household is not what your kids think. The value of a material possession is no longer its WORTH.
‘Worthy’ value is defined in 2018 as contributing to the ease of living, the range of adaptability, style, utility and functionality of a home. These descriptives do not apply to treasures such as formal china, cut crystal, or plush Persian rugs.
Taste, in what defines, warms, and decorates a home, for a family and its guests, is shifting, along with the winds of a new aesthetic.
Value was once implicit in certain objects we lived with. Now, objects hold explicit values- just think of the technology in your Millennial son’s home!
View this chart Elizabeth created to illustrate this change in Value and Taste.
Certified appraiser for estates, inheritances and trusts.
Dr. Elizabeth Stewart's column appears every week in the Salon & Style section of the Santa Barbara News Press. Email her your questions and high-resolution photos at ElizabethAppraisals @ gmail.com
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