Selling to Millennials: 3 Franklin Home Features to Have
If you haven’t considered targeting the millennial homebuyer when it comes to selling your Franklin home, it’s time to rethink your selling strategies. Real estate experts found that nearly half of all new home loans in 2019 went to millennials or first-time homebuyers. Convinced yet? To sell your home to a first-time homebuyer, there are some home features that you want to keep in mind when you are updating your home to sell. Here are three home features to have in your Franklin home to when selling to millennials.
It’s no secret that an open floor plan is a popular layout for homeowners as it encourages socializing if you’re hosting, but for millenials in Franklin, your home should also have plenty of areas for entertaining. This might mean that you upgrade your deck and outdoor space. While it might not be in the budget to install an outdoor fireplace and TV on the patio, consider staging the space with outdoor furniture and string lights for that charming effect. When it comes to the interior, arrange your furniture in a way that encourages socializing and gathering so that millennial homebuyers can envision having their friends over for the next football game or an upcoming holiday party. The key is to stage areas that are meant for entertaining and encouraging conversation.
Streamlining aspects of your home to have technological upgrades is a highly sought after home feature for millenials in Franklin. Home security systems, such as Ring, has been very popular with this demographic as it will send alerts to the user’s phone, allowing one to view a live video feed from a mobile device. Smart thermostats, such as Nest, are another popular tech upgrade because it allows you to control the temperature of your Franklin home from your phone, which is not only convenient but helps to cut down on power bills. Another prominent home upgrade is to have outlets that are fitted for USBs. And this doesn’t have to be throughout your entire home. Upgrading a few outlets in key spaces such as the master bedroom, living room and kitchen will pay off greatly.
Designated home office
While home offices haven’t always been on the list for buyers, millennial homebuyers, in particular, are on the lookout for a designated space to have a home office. Why? More and more millenials are working remotely, which means they’re often working from home. While you don’t necessarily have to transform a room into a full-fledged office complete with built-in bookshelves and more, you can stage one of your bedrooms in this theme when they are touring your Franklin home to give them the option of a home office.