What do Millennials Want When Buying a House?
While some Millennials will choose a rural, isolated spot to buy a home where they can live sustainably, and others will buy in an urban location where they won’t have a long commute, many will opt for a suburban place instead.
Many Millennials now have children. Having a family and needing space for one determines what will be taken into consideration when buying a home. According to the Washington Post, the trend of Millennials is to choose a “surban” area to live in – a place that has aspects of both urban and suburban environments. A neighborhood in a “surban” area will be affordable and close to schools, parks, and entertainment areas.
Millennials tend to be frugal, but not cheap. They want value and quality at a reasonable price. Elizabeth Weintraub at The Balance says:
- In kitchens, Millennials are looking for stone or granite countertops, recessed lighting, chic cabinetry, and high-quality appliances made of stainless steel.
- In bathrooms, Millennials desire brushed nickel, stone and glass, motion-sensor lights, vessel sinks, wall-mounted double-handle faucets, and dual rain showerheads.
- Millennials choose homes with open floor plans, work out spaces, media rooms, playrooms for the kids, and wine cellars.
Just Trying to Sell Your Home quickly?
You may own a house or property in a location that Millennials will be attracted to, and it can be marketed to this demographic. Your home may be more appealing to a different generation. Regardless of which generation your home will appeal to, what the house looks like, or its location, a good realtor can help you to market your home effectively.
Often, homeowners choose to sell their home directly to an investor rather than take the traditional home-selling route. Selling a house to a home-buying company saves you the trouble and expense of marketing. No preparations, showings, repairs, or inspections will save you time, energy, and money.
Houston Capital Home Buyers is a house-buying company that purchases houses as-is in Houston, around the state, and even around the country. We have a $26 million purchase record and a twelve-year history of buying homes.
Your home may be exactly what a Millennial buyer is looking for, or it may be the opposite. Either way, if you are interested in a fast and hassle-free sale of your property, contact Houston Capital Home Buyers today. We will make you a purchase offer within 24 hours of receiving your request and won’t pressure you to make a decision.
*Thank you to The Washington Post, Cornerstone Home Lending, the National Association of Home Builders, Keller Williams Realty, and The Balance for the statistics and facts used in this article.