September 9, 2020
Young millennials are becoming dominant players on the housing market. What does that mean for sellers? Well, millennials with kids typically want more rooms, and larger backyards. Millennials with kids are also paying close attention to the local school districts and nearby amenities. These families often want to get into a home quickly and may be willing to make a deal to get the home they want.
With millennials coming into the housing market in increasingly large numbers, it is important for sellers to understand the demographic and what they are looking for. When it comes to millennials with kids, figuring out their wants and needs is a little bit easier. Millennials with children aren’t as worried about the latest style trend. Instead, they are focused on things such as the number of bedrooms in the home and the quality of the schools in the area. Here is what you need to know about what types of homes millennials with children are interested in.
Millennials with kids typically aren’t looking for a one bedroom. These buyers are interested in properties with two or more bedrooms, so that they can make sure that their children get their own room to grow up in. If your property has more than one bedroom, you could be at an advantage for selling to millennial homebuyers.
A Bigger Backyard
A big backyard is a big draw because children can play outside. This could also be a space where pets may be living as well. Make sure to showcase your backyard in your online listing. You’ll also want to make sure that your outdoor furniture is clean and that the space isn’t cluttered.
A Focus On Local Schools
You really can’t always control which kinds of schools are around your property. But if you do have good schools around your home, this is something that you should really highlight. Young millennial parents are very concerned about local schools and they will be willing to pay more in order to buy a home that is in a school district with a strong academic reputation. Make sure that you know which schools are located around your property so that you know how to showcase them in your listing.
More Storage Space
Having kids means more toys and trinkets. And those things add up over time. Millennials are looking for a home with extra storage space, like garages and closets, where they can store these things for the long haul. Having extra storage space is definitely a selling point in today’s housing market.
You don’t have to worry about the housing trends of young millennials in order to sell your home. You can sell your property for cash and get the value that you feel you deserve, and do it on your timeline. Once you contact us, we’ll begin the process. You’ll get a free, no obligation quote. If you decide to move forward, we can complete the transaction in as little as a month. That way, you can get your money and move on without the need to complete any costly repairs or renovations. Give us a call today if you are looking to sell your home.