Home Features Millennial Homebuyers Love
A sellers’ market doesn’t guarantee millennial homebuyers will be sold on your home. Individuals between the age of 22 and 40 make up 37% of the home buying market, so it’s crucial to market to millennials when selling your home. Chicago is a bustling mega center of industry, culture, and entertainment — it is the place where millennials want to be. Nearby parks, biking trails, restaurants, and shopping bring everything together for a perfect relaxed but on-the-go lifestyle. When selling to millennials, adding these current features to your home will help entice a bidding war.
Indoors
The Kitchen
Today’s homebuyer wants space — and lots of it. A big, open kitchen for cooking, eating, and hanging out is a focal point for informal gatherings. It may not be possible to knock down a wall or two, but you can update the kitchen with energy-efficient appliances, fresh paint or wallpaper, new light fixtures, and new cabinetry. Formal dining rooms aren’t a draw for homebuyers these days, but a big bright kitchen and “community space” gets the job done.
Bed and Bath
Bedroom closets are at a premium; the more space, the better. Installing a closet organizing system is a plus.
Bathrooms are one of the most used areas of the house — they are bound to need a makeover, especially in older homes. Replace outdated vinyl and linoleum with modern flooring available at home improvement stores. Rusty faucets, scummy shower doors, and chipped mirrors are ready for recycling.
Lighting
Bright light is a top feature for homebuyers. If the house doesn’t have many windows, energy-efficient lighting cuts down on electricity usage and utility bills. Circulating ceiling fans help reduce air conditioning costs during Chicago’s hot summers.
Outdoors
Curb appeal and a well-kept lawn is what bring potential buyers inside. Ragged, weedy, torn-up lawns tell would-be buyers about the work needed for revival. (Millennials want the big home projects done before they move in!)
Yard Work
Yard Work is standard for any homeowner, but while your home is on the market, do these lawn and flower bed chores every week.
- Mow
- Water as needed
- Apply organic herbicides to weeds
- Edge scraggly grass from sidewalks
- Prune bushes away from windows
- Spray cement cracks for sprouting vegetation
- Weed flower beds.
Millennials are busy. They want a low-maintenance yard that looks good without a lot of work. Plant some native shrubs, trees, and flowers like culver’s root, phlox, and elderberry bushes.
Fencing and Features
Good fences make good neighbors; they also make good pet owners. The majority of millennials have at least one cat or dog, so having a fenced-in backyard is a must.
Looking for some home decor inspiration? Here are my 5 favorite Pinterest Boards to draw ideas from. If you need advice on your home improvements before selling your home? Contact me today to discuss.