The Millennials are Buying Homes: Here’s the Surprising Reason

Real Estate Agent Showing the PropertyThere’s been endless talk about the relationship of millennials with property. Many surveys show that with house prices too high and student debts strapping them down, buying homes is just not a priority. But it does become a priority for millennials when they take into consideration one important thing: their dogs.

For the Love of the Four-Legged Beloved

A 2017 survey shows that a third of millennials bought their first property because they felt the need to have a space for their dog. This special consideration when purchasing homes comes in third of the reasons cited, far more important than having children and getting married.

The top two reasons to buy homes were to have more living space and build equity. For those who never purchased a home yet, almost half of them shared that their dog would be a big consideration in buying a property.

So, what does this mean for property sellers? Dog-friendly homes: maximized indoor spaces, increased security with decorative metal fence panels you can get from vendors such as GreatFence.com, and a playable yard.

A Pet-Friendly Space

Millennials are already driving the workforce. So it makes sense to consider them as a profitable property market. And in so doing, it’s important to appeal to such needs and preferences. Building a dog-friendly home starts with making sure that dogs have enough access to water, shade, air, and natural light.

So, it’s best if you could have open spaces, instead of the traditional walled sections to lessen obstructions for dogs, helping them move freely and making it easier to go outdoors for play.

If you could create an area in the house where millennial homeowners can let dogs rest and keep pet-related items (e.g., food, toys, leashes, etc.), that’s better. You can do this by offering lots of storage spaces in the garage or outdoor shed.

It’s also important to spruce up the yard, with special consideration on security. Make sure to install a fence around the outdoor space. You have many options here: aluminum, wood, vinyl, or chain link: choose the one that can complement the home’s overall aesthetics.

Millennials are buying homes – bringing in their furry friends. When they visit your property, it surely must be dog-friendly.