The millennials, also popularly known as Gen Y’ers, are the generation with multiple options and a lot more ways that assist them in figuring out the right ones for them. They love analyzing and making very informed decisions with all the knowledge of the world on their phones.
Millennials have different expectations of their lives, looking for uniqueness in all aspects. The majority of real estate markets nowadays are targeting a large number of millennial homebuyers as they are at a stage where they should have a place of their own to live.
Below are the top 5 things by Ryan Kortan that millennials look for when they’re buying a house.
Smart Homes
Living in the digital era, smart home features have taken over the real estate industry. Homes equipped with high-tech features attract this generation the most.
Home Office
Homes that have dedicated workspace are appealing millennial home buyers as they’re able to empower themselves working from the ease of their own home.
Storage Capacity
Be it a spacious garage, linen closet, or walk-in pantry, millennials are looking for big storage spaces that are well hidden or efficient in their designs.
Location
Location, location, location! It’s a catchphrase you’d hear the most, that too daily in the real estate industry.
The location of a home is very significant to buyers in general. And when it comes to millennials, it becomes even more significant, says Ryan Korton from Sioux Falls real estate market.
Outdoor Space
Millennial homebuyers consider the outdoor space A LOT more seriously. They are looking for a home that will give them the liberty to have a pool party or BBQ with friends or simply relax.
Millennial homebuyers are an emerging target audience, and they will continue to play a significant role in the real estate industry. As they make up such a large market, It’s essential to come up with the things that attract them.
Ryan Kortan Sioux Falls 