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Despite all the doom and gloom coming from market analysts, millennials are becoming the largest segment of home buyers. These younger homeowners are entering the market with a limited budget, but big ideas. Such ideas are ones that have specific tastes. Seeing that I am a millennial and just bought my first home, I might have some advice for you…
Millennials are ignoring homes that were built between 1970 and 1999. The homes they’re in the market for aren’t totally opulent or modern. Most of them are classical homes that are simple enough to care for. Some fall into the “hobby home” category that home makeover shows tend to set their sights on. Beyond the type of home, there are some inherent qualities that millennials look for, especially in that picturesque Miami real estate for sale. Listed below are just a few of them that should help you, wherever you live.
Soft Colors
Interior color schemes play a major factor in making the buyer feel at home. Millennial buyers prefer earthy tones and accents to their surroundings. This can provide one reason for why wallpaper is suddenly popular again.
Owners want to avoid sterile, artificial accents in favor of an all-natural look. Carpeting is used sparingly for floors which are often marble, hardwood, bamboo, or cork. Houseplants-faux or real-are another trend that aims to bring the outdoors inside.
2018 Home Trends Halverson Living Room
Media Room
Entertainment is serious business for millennials. Unlike an apartment or condo, a house can budget enough space to appease any multimedia activity. Large living rooms are perfect for a big couch and a wide flat screen.
Younger house buyers don’t care about landlines and cable hook-ups. They want a home that’s Wi-Fi friendly. This way they can stream movies and shows without having to worry about frequent buffering.
Energy Efficiency
Even with all those electronics running, millennials are conscious about energy consumption. When people buy a home nowadays, they want it to be energy efficient. If not, then they’ll have to spend extra money to make it so after the sale.
Some features millennials will look for include double-paned windows, Energy Star appliances, and solar panels. Others will ask about the insulation levels. The Nest smart thermostat is a common add-on for worry-free indoor climate control.
Photo Credit: Forbes Must Have Smart Home Gadgets
Low Maintenance
Considering the emphasis on efficiency, it’s no surprise that most millennials favor a “disposable” home environment. One that’s not time consuming from all the hours of household chores. Attitudes like this were no doubt brought on by helping their parents with said chores.
Younger buyers are won over by hardwood floors because they’re easier to clean with a Swiffer (or Roomba). Granite countertops are also low maintenance and attractive to look at. Vessel sinks of various shapes and sizes look stylish while reducing splash.
Workspace
Over 13 million homeowners are self-employed or work from home. While they’re shopping for a home, they’re budgeting workspace. Realtors today may likely single out which rooms are suitable for home offices.
Bedroom spaces are considered optimal for converting into an office, or use as both. This allows for some flexibility when designating activity spaces. The room must be big enough to allow for office furnishings with the intimacy of a personal sanctuary.
