According to a national study done by the Rockefeller Foundation, 66% of millennials put easy access to high-quality public transportation as a top priority when considering a move to another city. People have always relied on public transit to get to and from work or school, but as more and more younger home buyers are entering the marketplace, efficiency, walkability, and transportation options are seemingly more important than ever in the world of real estate.
Outside of a close proximity to transportation, however, there are also plenty of other elements today’s young home buyers want in a new place to live that you might have a bit more control over if you’re someone who is thinking about selling your Minneapolis home.
Updated kitchens and bathrooms are of course at or near the top of the list as well, not just for young home buyers but basically anyone in the market for a turn-key home. Despite the possibility of perhaps saving some money during a home search, few buyers out there are looking for a project, not to mention it’s usually much harder to even get potential buyers through the door with outdated appliances, fixtures, cabinets, and bathroom surrounds.
Given so many young home buyers now work from home, having a home office space is also something a lot of millennial home buyers are now seeking out. And the upside about a home office is that it can also be viewed as a flex space that can be used for a variety of different purposes, making this kind of a bonus feature very attractive to a broad range of people outside of just the at-home entrepreneur.