As many millennials are reaching their forties it is no surprise that they are driving a lot of the real estate purchases now. They may have had some student debt but by the time they reach their forties, they have amassed a down payment for a home.
Selling a home to millennials is different from than other generations. If you want to target this market, check below for what many millennials are looking for in a house.
Detached home
Many of these buyers have had an apartment or condo and are now setting their sights on a single detached home. They also look to the internet for their homes. So how your home appears to them online is what will make them either love your home or move on. It is very important to have your online presence enticing so that they will want to see more.
Suburbs and rural
Another factor is that many of the older millennials are in their forties and may have started families and location is very important to them. They want to be near good schools, parks and stores. They are also looking to reside in rural areas where homes are more affordable.
Size
The average millennials are looking for a detached home with three bedrooms and two bathrooms. Having room for a growing family is very important. They also want to live in the home for many years and be comfortable with their choices.
Low maintenance
Millennials want to move into a home that is low maintenance. They are not looking at renovations or repairs that may eat into their budget. They tend to avoid outdated homes as this would cost them their time and money.
Other factors
Here are some other features that are attractive to millennials.
- Garage
- Large kitchen
- Outdoor living space
- Office space
- Eco-living
How Our Team Can Help:
- Professional photographs for the best online presence
- Free home staging
- Inventory of furniture and staging items to update your home
- Moving package of boxes and materials to start packing your valuables
- Painter on standby to fix any touch-ups or a feature wall that may be needed
- Storage locker available free of charge to store overflow when you have no storage available
Online listing
If a potential buyer has already fallen in love with your home just through your online listing, you are halfway to selling your home. The Anne Winch Ottawa Real Estate and Staging Team takes pride in having a professional real estate photographer along with our free home staging expertise to give you the online listing you deserve. Find out how you can make your online presence inviting to this generation when you list with our Team.