Top 10 Things Millennials are Looking For in a Home
Tuesday, June 12th, 2018
Millennials are in the job market and they are buying homes in Edmonton and Sherwood Park! But, what type of homes are millennials looking for? Knowing this can make all the difference for those who are trying to sell their home as the market is packed with millennials looking to buy. As one of RE/MAX’s Top 100 REALTORS® Worldwide, I have the expertise and experience to give you some great insights into what Millennials are looking for in a home.
The Kitchen and Bath Must Be Updated
Both the kitchen and bathroom must be updated for millennials to even be interested in looking at a property. What are they looking for in an updated bath and kitchen? New and updated fixtures, modern cabinets, and updated flooring is a complete package that turns their heads.
Large Kitchen
A large kitchen seems to be something that draws millennials into a home to buy. Years ago, people would dine in the dining room, but millennials would rather have a large kitchen that enables everyone to hang out in one space.
Open Floor Plan
An open floor plan is something that many millennials are attracted to. They like the space to flow easily from room to room, that way everyone is always included no matter where they are at in the home.
Furnishings that are Low Maintenance
What does this mean? Millennials are looking for furnishings that are low maintenance such as hardwood floors versus having carpets that require a lot more cleaning. They are also looking at the materials used in the kitchen and bathroom. They want countertops that are granite and easy to clean versus the laminate that may stain easily.
Energy Efficient is a Must
Millennials are all about being more energy efficient! If a home has solar panels or other cutting-edge efficiencies, or they find that the home is well insulated, they are going to put this into the win column for a home they are considering.
Technology
This includes the security of the home. A home with a technical side and a security panel are more received than those who do not have either!
Location with Walking Areas
The location is a big selling point with millennials. But, they are looking for a location that has nearby parks, walking paths or is within walking distance of something that interests them.
Room for a Home Office
Even a small bedroom can be a way for the millennial to have a home office. But, if a home already has this office in place, that is even better!
Ready to Move In
Millennials are often looking for a home that is ready to move in. They do not want to see items that they would have to fix…including anything that is simply décor. Keep this in mind when trying to sell to this group of people!
They Want to See it Staged
Yes…staging is really a selling point for millennials. They like to walk into a potential home and see how furniture and décor are already arranged before they commit to buying.
If you are selling a home and trying to reign in a millennial buyer, it may be time to make a few changes to make your home more acceptable to what they want! Get started today with a FREE HOME EVALUATION from me, Sonia Tarabay – RE/MAX’s Top 100 REALTOR® Worldwide!
