Millennials roughly are defined as the generation born between 1981 and 1996, which means they’re currently between ages 22 and 37. The DiMora Team are real estate experts in the Northville and Novi neighborhoods and we have seen that this generation makes up the largest population of home shoppers and purchasers of all generations. Considering the age spread, this demographic covers those most likely to purchase their first home, as well as those likely to sell their first home to purchase a more expensive home. If you’re considering selling your home, you would be wise to pay attention to this demographic’s wants and needs in a home. They are looking for a home with an open floor plan which means the main living spaces have no floor to ceiling walls defining them. This floor plan is appealing because it works really well for social gatherings and family engagement, and also feels open and airy. They also want the kitchen to be the shining star of that floor plan. After-all, the kitchen is where everyone congregates. Check out below to see what sold in North Beacon Woods in August 2018:
47039 Woodbend Court, Northville: 5 bedrooms, 3.1 bathrooms, 3,240 sq. feet, 2 car garage, Sold Price: $542,500
North Beacon Woods Home Sold
August 2018
Millennials are also busy people. Almost half of Millennial home buyers want to purchase a new construction home so they don’t have to worry about renovations and maintenance issues. For more information on North Beacon Woods, or similar Northville or Novi neighborhoods such as Parkstone, Addington Park and Quail Ridge, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.