What Gen Y Looks for in a Smithtown Home to Buy

If you’ve lived in your Smithtown home for some time, you notice when the neighborhood around you is changing to a younger demographic. Thinking this might be a good time to sell, you wonder what was so appealing about the house down the street to the young couple that just moved in.

The first thing you need to understand is that trying to put Gen Y’s—or so called “Millennials”—into a box may only lead to frustration when trying to sell your home. According to Forbes, the millennial generation, those born between 1980 and 2000, accounts for 4 in 10 of the US population. We can help you determine the most important changes, upgrades or improvements to put your Smithtown home on the Gen Y radar. Using recent comparables in your neighborhood, we can show you how your home stacks up, and recommend the appropriate fixes.

Functional Spaces

The most important prized priority in a home is functionality. Informality rules the day and a flexible layout strikes a positive chord with millennials that want room for a home theatre, game space, and home office rather than a formal living or dining room. So, even if you have formal spaces in your home, staging them so that a Gen Y buyer can see dual or multi-purpose can add appeal. 

Entertainment Space

The second item a younger buyer looks for is entertainment space. For some, a patio with a hot tub and barbeque pit fills the bill, while others prize an open kitchen with room for guests to socialize over food preparation. 

Bright Hues

Generation Y tends to lean toward brighter colors and signature pieces of art. If your Smithtown home already has color, just refresh it with a new coat of paint. Conversely, if your home is mostly white, consider changing up the color to a warmer hue like these.

Retro-Style

Many millennials are drawn to older styles in homes, decor and even vehicles. Many have adopted decor from the 60s and 70s in to their homes, and some even draw inspiration from the 50s. If your home is older and has original craftsmanship, detailing, or fixtures, don’t be afraid to highlight those when describing your home’s features.

Low Maintenance Exteriors

When thinking about changes to the exterior of your home, consider reducing the amount of upkeep required.  If you are thinking of replacing siding, for instance, consider fiber cement siding that mimics wood, brick or stone, but is impervious to termites and fire, doesn’t require painting, and won’t rot. Before making a change, though, talk to us about the best return on your investment, not just its appeal to one group of buyers.

We can help you put your home in the best light to appeal to Generation Y, Generation X and even Boomers, so give us a call and we can talk about what you need to do next to sell you home. Click here to read the full article.