Think you know what Millennial buyers are looking for? You may not know about these interesting home amenities that are attracting many Millennials to homes that have them. Of course, Millennials want Smart home technology capability and open concept floor plans. But these picky buyers are also starting to look for other home amenities that will fit their lifestyles like:

Secure Outdoor Buildings and Spaces

MillennialsMillennials are so comfortable with online shopping that they prefer to shop for everything online, even groceries. But there has been a huge jump in the theft of packages thanks to this surge in online shopping. Many viral videos have made the rounds showing thieves taking packages from the front and side doors of homes even in great neighborhoods. Since Millennials tend to online shop for almost everything a great new home amenity that is attracting Millennial buyers is having a secured shed or closet near the front or side door. Some of these secure areas have electronic or smart locks that can be controlled with a phone app so Millennials can open the space for deliveries then lock it themselves after an item has been delivered. But whether it has an electronic lock or not secure spaces for delivery packages is a big incentive for Millennial buyers.

Neighborhoods with Sidewalks and Stores

For Millennials driving everywhere isn’t ideal. Many of them move to the suburbs from heavily urban environments where they can walk and take public transportation. Some may not even own cars. So, Millennials are looking for neighborhoods that have nice sidewalks and paths and they like neighborhoods that are close to stores and restaurants so they can walk or take a bike to pick up items. New construction communities that have a convenience store, fitness center, and sidewalks throughout the community are very popular with Millennial buyers.

Low Maintenance Homes

Millennial buyers don’t always have the budget for brand new high-end homes but that doesn’t mean they don’t want the convenience of a new home. Millennials are less likely than past generations to be willing to buy fixer upper homes and starter homes that need a little bit of work. Millennials would much rather buy homes that are retrofitted with low maintenance materials like fiber cement siding and other materials that require almost no maintenance. So, sellers of older homes may want to consider refurbishing their older homes with modern building elements and materials if they want to attract Millennial buyers. Although it can be costly to get new siding or a new roof for an older home the investment will pay off by making that home a lot more attractive to younger buyers and can increase the price of the home. 

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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2023 by the REALTORS® Association of Edmonton. All rights reserved.

Listing information last updated on March 24th, 2023 at 8:16am CDT.