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5 Things Millennial Home Buyers Look For

Wednesday, February 6, 2019   /   by Amber Tice

5 Things Millennial Home Buyers Look For

Millennials have entered the housing market and have very specific ideas about what they want in their new home. Home design trends are becoming more innovative and reflective of the way we live today. These young home buyers want bright homes which are informal and inviting; places where friends and families can gather and relax together.

Who Are These Millennial Home Buyers?

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Millennials are also the first generation that grew up on technology. Most never knew a home without a computer, video game console or cell phone. They want their spaces to be intuitive and innovative. They buy “smart” products! Self-adjusting blinds, lights, appliances and other home features appeal to their sense of a technologically advanced home. Homes are being built with these buyers in mind.

Top 5 Home Design Features

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Urban Designs: Such as a large loft style home with great flow located in the middle of a vibrant, cultural, and energetic area.

DIY Fixer-Uppers: Millennials enjoy getting dirty and redesigning their home to suit their tastes due to their innovative, and creative abilities.  But, don't forget, those whose careers are the forefront of their lives will focus on buying a move-in ready home.  Growing up watching HGTV, and scrolling through Instagram has millennials wanting their dream home one way or another.   

Light and bright: Homes with tall ceilings and a ton of natural light are also important features that millennials will consider when searching for the perfect home.

Smart Home Devices:  Things like solar paneling, smart refrigerators, and security systems that can be controlled from anywhere, and smart lighting are all things that a millennial will appreciate during a showing. 

Sustainable Materials: Such as reclaimed wood and energy efficient appliances are also attractive. It might also be a good idea to put in a small garden of herbs on the back patio, or create an inviting outdoor living space for the new home owners to enjoy. 


How Does this Information on Millennials Help Home Sellers?

As millennials continue to make up a greater portion of first time home buyers (50% as of now) and make up 35% of all home buyers, builders will be creating more and more homes which reflect their unique perspective. Watch for more innovation, sustainability, and functionality in new home designs over the next decade.

With, more and more millennials moving to Washington it is now more important than ever for home sellers to update their homes with this generation in mind.  Replace your outdated appliance with stainless steel, paint your home a light, bright neutral color, add smart home devices that will automatically sync to their phones, and that can be controlled from virtually anywhere, or do an accent wall with barn wood.  You can also bump up the curb appeal of your home by adding an inviting and relaxing space where friends and family can unwind.  Ask your agent to highlight some of the trendy restaurants, and shops in the area.  Is your neighborhood walkable, bicycle friendly, or centrally located?  

Take a page out of the millennial handbook and research online (which is exactly what you are doing now) and find out what attracts a millennial home buyer.  Chances are, you will find a number of resources out there that will give you a visual of what millennials are all about.

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Haven Real Estate Group
Cambria Henry
304 W Pacific Ave; Suite 360
Spokane, WA 99201
509-590-4701

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