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Millennials are regarded as the choosy generation when it comes to homes and the residence where they choose to settle. Professionals operating in the real estate industry have faced continued adjustments in terms of trying to identify with what the millennials are tuned to go for and how the same can be customized so that it appeals to the select generation. Identifying what millennials want in a home is the first step to rolling out and detailing the tips that will aid in finding the perfect home for them. Here are 15 tips to take on board.
Attached Garage
Millennials have been characterized to prefer a home that has a garage attached to it. This is mainly due to the fascination that the generation has with fancy automobiles including quadbikes, racing bikes and racing cars. A 2-car garage stands as one of the considerations millennials have when tracing a home.
Affordability
One thing millennials definitely consider when trying to find a home is affordability. With student loans, debts and low wages to contend with; millennials are characterized as trying to structure affordability as a pointer to the home they will take up. An affordable home is mainly a function of the credit setting and mortgage option that can be forwarded.
Proximity to learning centers
One major aspect that is majorly underrated but is equally important to millennials when they are looking for a home is the proximity to learning centers. A home located within a top school district is likely to get more approval from millennials which means the generation value being close to either a local college or university.
Smart home system
Much has been said of the tendency of millennials to need a comfortable setting and nothing underlines it more than their requirement for a home to have a smart home system. From home temperature adjustment to lighting, window treatments, door operation and entertainment systems; millennials desire to have a smart home system that will make their home habitable and comfortable.
Nearness to a major city
A setting that cements what millennials want in a home is their preference to have their home located close to a major city. Most millennials prefer their home to be less than 10 miles from a major city where they can have access to malls, a town center, shopping complexes, clothing stores and the concert and music venues.
Energy storage
Millennials are all about being environmental conservationists and this calls for alternative sources of energy. Solar and alternative energy storage elements make up one of the top considerations when it comes to finding a home and with the generation championing the fight against degradation of the environment; it is easier to understand why energy is a major factor.
Patio furnishings
Millennials value the aesthetic feel and this can be captured in the presentation of the patio. Homes that have exquisite patio furnishings are more appealing to the millennials and are presented as the right fit for many who make up the generation.
Access to quality transportation
A peculiar consideration for millennials when it comes to finding a home is access to quality transportation. Quality transportation system does not necessarily translate to road and rail but it encompasses the elements of walkability, cycling and ease of access to the preferred places.
Outdoor entertainment space
Nothing works best for millennials when they are trying to find a home than having their prospective home oriented with access to outdoor entertainment spaces. Whether it is parks, hiking trails, a beach, lake or river; outdoor entertainment spaces appeal to millennials as they like getting to enjoy themselves with nature as the backdrop.
Recently constructed
Millennials are known to go for recently constructed homes that have been built in the last 4 to 10 years. Millennials trust and consider newer younger homes that have newer installations including roofing, flooring and customizations.
Outdoor landscaping
A major aspect that appeals to millennials when they are trying to find a home is outdoor landscaping. The more customized and presentable the outdoor landscaping, the more millennials are attracted to the home.
Security features
A core factor that makes the list of what millennials want in a home is the security feature adopted for the house. The updated security features that millennials are known to desire include alarm systems, CCTV and mobile oriented monitoring and alert features.
Finished Interiors
There is power of appeal in having finished interiors and these include the basements, baths, coloring, bedrooms, luxury kitchen, countertops and contemporary installations. Finished interiors can be regarded as a significant deal breaker for millennials.
Pool
Be it an In-ground or Above-ground pool, millennials are known to have a soft spot for pools since they are the places where they can find solace and relaxation within the home. Additives like an outdoor jacuzzi also works wonders in attracting millennials.
Top neighborhood
Living in a top neighborhood ranks as one of the considerations millennials make when finding a home. This boils down to location where millennials are comfortable living in an above average neighborhood in the urban setting.