Renovating for Value – Cost-Effective Upgrades to Make Your Home More Appealing to Millennials

Renovating for Value – Cost-Effective Upgrades to Make Your Home More Appealing to Millennials

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If you are planning to sell or rent your home, millennials will most likely be the interested party, reveals the National Association of Realtors. This generation of techies will conduct studious research in order to find the right home, so if you aim to please their tastes, you will probably have to make an alteration or two to your house.

They are not a tough crowd to please but they have distinct tastes which also apply to the choice of their future home and are cautious about where they plan on investing their livelihood. With that in mind, here are a few ideas on how to adapt your home without going on a spending spree and in accordance with the millennial state of mind.

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Be mindful of the energy efficiency

Millennials’ ecological consciousness is very prominent, so the home they would enjoy living in would need to be eco-friendly. One of the first things you could consider doing is to substitute your old-fashioned lightbulbs for their energy-efficient alternatives, such as Compact Fluorescent Lamps (CFLs) and Light Emitting Diodes (LEDs). This simple project will cut your energy consumption as well as reduce the electricity bill.

In developed countries, such as Australia, finding energy-efficient household appliances is not a complex undertaking as it might be in some European countries but in general, if you want to cater to an average millennial’s needs, you need to keep that in mind as well. For example, to stop wasting water, think in terms of low-flush toilets. Naturally, replacing all your appliances would be costly but tackle them one at a time and you will see that change reflected both on your bills and the purchase offers from prospective buyers.

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Pay attention to interior design

Although you might expect this to mean that the living room has to be lavishly decorated, the truth is almost the opposite. Millennials don’t value extravagance but practicality so materials such as organic cotton would be perfect for the sofa covers and pillowcases. As for furniture, a re-used wooden coffee table purchased on a flea market and closet made from reclaimed lumber would be elements for a perfect room.

One attribute which particularly attracts Generation Y’s attention in regards to design is the colours. The extent to which you will go with these changes depends on where you live, but you would need to step up your game if the real estate market is well-developed, as Australian is. So, the all-white-walls atmosphere will not cut it and the best strategy would be to hire experienced house painters in Brisbane since they will finish everything in half the time you would. Also, they would know which hues are popular, so you needn’t worry about not getting the right shade.

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Provide them with a tech-savvy paradise

If you substituted some of your appliances for energy-efficient ones, you are already half-there to fulfilling their need for a well-equipped home. Another thing you can do is just to leave space for the gadgets they may bring, which means that there is no room for clutter, just for energy consumption monitoring devices.

Also, this so-called Generation Y often works from home and more commonly has privately-owned small businesses. Meaning, leaving one room to be used as an office can be appealing. There they can surround themselves with gadgets, plants and create an oasis. The guest bedroom no one uses can be transformed into a pleasant working environment for a home office. For starters, it is enough for the office to have a large desk, enough light and lots of free space and your clients’ creativity will fill in the rest.

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Declutter your backyard

This generation enjoys connecting with nature as well as open spaces. So, why not give them both in one? The idea is to declutter your backyard, throw away anything unnecessary to leave as much free space as you can. The sitting area can be simple, just a table made of bamboo, one of the fastest growing plants, and a lot of pillows for sitting to resonate with an atmosphere of leisure.

If you don’t have any greenery, make sure you plant it. It shouldn’t be anything too ornate or complicated to take care of, just plants and flowers for nature lovers to rest their eyes upon. When it comes to the decoration, you can re-use mason jars and add a candle so they can act as lanterns, while a plastic bottle can be turned into a sprinkler. Even an old dresser can find its purpose in your garden – the drawers can be used to plant miscellaneous flowers.

By Mike Johnston