Selling a Home to Young Buyers: What They Want to See
Selling
So, you’ve decided to sell your home, and you’re ready to make your way through the sales process. Have you considered, though, who’s going to purchase your home? If you imagine a nice, young couple, there are some selling points you might want to think about now.
Young buyers have different demands from homes than some of their older counterparts, and anticipating their wants and needs can work wonders to help you prepare your home before you put it on the market. Here’s what you need to know.
Selling a Home 101: What Young Buyers Want
Currently, millennials (people born between 1980 and 2000) are the largest segment of the real estate purchasing market – 35%, to be exact. This makes them a dominant force and one that’s well worth paying attention to. Since it’s likely that you’ll be selling your home to a millennial individual or couple, it’s time to start considering how you can make it as attractive as possible to them. Here are a few of their must-haves:
1. A spacious kitchen and bathroom
Young buyers want modern kitchens and bathrooms with plenty of space and storage. Things like new fixtures, plenty of natural light, and smart uses of space will impress these buyers. This is especially true since, for most millennials, the budget is somewhat limited and any spare funds that exist will go toward furnishing and decorating the home, rather than renovating it.
2. Space for a home office
Today, many millennials are working remotely, so a home office space is important to them. While the home office doesn’t need to be expansive, it does need to be separate from the rest of the living space (this is especially important for millennials who intend to write their home offices off on their taxes) and flexible enough to accommodate different furniture arrangements and uses.
3. Walkability
Location is everything for millennials, and the group is more likely to bite on a home if it’s in a great location that’s walkable to major hubs and attractions. Anything near public transit will perform well with young buyers, as will anything near children’s facilities like parks, playgrounds, and schools.
4. Surfaces that are easy to clean and maintain
For millennial buyers, simplicity is critical. Because of this, homes that are easy to clean and maintain will be in higher demand. Surfaces like wood floors and granite countertops are ideal and will fetch higher prices with young buyers.
5. Smart features
Homes with smart features like learning thermostats and voice assistants will be attractive to millennial buyers. Is your home lacking these things? Don’t fear – they’re easy to install and relatively inexpensive in the world of home accessories. Add some in before your big sale for better results on the market.
Selling a Home to the Young Buyer
Today, young buyers are out to purchase homes. Make yours more attractive by adding these five must-have features.