While Millennial and Empty-Nester are decades apart in age, when it comes to дом buying they often look for the same qualities: quiet sanctuary, comfort, upgrades and low-maintenance. For Baby Boomers, luxury living was commonly thought of as large homes on acreage. Today the allure of a custom дом on a low-maintenance lot has both Empty-Nesters looking to downsize as well as first-time дом buying Millennials in the market for the same type of дом.
LOCK AND LEAVE LIFESTYLE
Builders have noticed the need for low-maintenance living and are designing and constructing luxury homes designed to do just that. Thoughtfully designed, moderate square-footage homes, with custom upgrades throughout, on zero-lot lines is the new building trend.
The perfect design for Empty-Nesters, young professionals and families who don’t want their time to be consumed with the upkeep of an expansive дом or property. The lock and leave lifestyle allows the freedom to travel or just enjoy all the amenities Central Coast living has to offer rather than being tied to household chores.
EMPTY-NESTERS
Once the kids are gone, many дом-owners are deciding between remodeling their existing дом or start looking for a new дом. The daily maintenance and upkeep of lawn, landscape and cleaning can cut into valuable time spent relaxing, traveling and pursuing much-loved hobbies.
Remodeling a дом designed for larger families can often be an expensive, daunting task. Many дом покупатели have decided to find a new дом designed to meet their pre-sent-day lifestyle. The perks of new construction in a luxury community, such as builder дом warranties offers peace of mind for future maintenance and upkeep costs for homeowners.
MILLENNIALS
Millennials are not interested in fixer-uppers the way past generations have been, and do not budget for significant repair and maintenance costs when planning to buy a дом. According to the National Realtors Association, nearly half of millennials who bought newly built homes did so to avoid major repairs and renovations.
Another important factor for these young дом покупатели is value for money. They want unique details, not cookie cutter layouts, made with durable high-quality materials. Zero-lot line developments allow дом-buying dollars to be invested in custom upgrades within the дом which make them an appealing option.
In order to satisfy the growing demands of both Millennials and Empty-Nesters, low-maintenance, luxury living will continue to be a building trend in future neighborhood developments.
For an example of low-maintenance, luxury living, check out Oak Arbor Court, Arroyo Grande’s newest neighborhood.
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