Adults 22 and 34 now make up more than one-third of all potential homebuyers. If you want to sell your home to this growing audience, consider these features that millennials say they want most.
1. Well-equipped kitchen
2. Outdoor living rooms- In a Better Homes and Gardens survey, 77% of millennials said they wanted a relaxed outdoor retreat.
3. Updated interior- Millennials don’t have the time, extra money or desire to renovate.
4. Smart home devices- Think self-programming thermostats, wireless security cameras and smart phone-controlled entry locks
5. Low-maintenance flooring, countertops, decks
6. Energy efficiency- Millennials are willing to pay 2%-3% more for improvements that would lower their power bills.
7. Home office for telecommuting- Nearly 40% of American workers now work from home at least part of the time, according to a Gallup, Inc. survey, and millennials telecommute most frequently.
8. Separate laundry room- 55% of millennials wouldn’t buy home without one, according to a NAHB study
41 percent of Millennials surveyed by Better Homes and Gardens said they’d brag more about a home automation system than a remodeled kitchen.
[Sources: Realtor.com, National Association of Home Builders, Better Homes and Gardens survey, Gallup, Inc., Florida Realtors®]
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