The wave of millennial homebuyers is coming. Numbering around 80 million, they now represent the most active generational group when it comes to home buyers.

Let’s take a look at some of the features millennials are looking for when buying a house.

Energy efficient appliances

Energy efficiency is among the characteristics homebuyers are increasingly looking for in a home. Millennials are particularly concerned about their impact on the environment more than other generations. Many of them are also  budget-conscious, so they are looking for ways to reduce their monthly utility bills. Some are even willing to pay 3% more for an energy efficient home.

Hardwood floors

Not too long ago, buyers find Denver homes with carpet more desirable. After all, it makes their Colorado home a bit warmer during the winter and they feel more comfortable. Today’s homebuyers, however, find homes with hardwood floors ideal. In fact, survey reveals that buyers are willing to pay an additional $2,000 for this feature.

The good news is that wood flooring can last for several decades up to a century with proper care and maintenance.

Exterior lighting

According to the National Association of Home Builders, exterior lighting is one of the most sought out outdoor features in a home - with about 90% of buyers including this on their list of must have features.

Illuminating a well-manicured lawn will significantly increase your property’s curb appeal; hence, making a good impression on potential buyers. It’s also an easy and inexpensive way of adding security to your home.

Security system

Safety and security is one of the most important features buyers look into when shopping for a Denver, Colorado home. Naturally, they want to make sure that the neighborhood they’re moving into is safe. In addition, they also want to keep their Colorado home, family and belongings protected.

A house with a security system will give them the peace of mind, knowing that they are safe from intruders and burglars.

More and more millennials are entering the homebuying market for the first time. In fact, studies suggest that millennials now account for one in three buyers. This number is also expected to rise in the next few years.

Millennials now represent the fastest-growing generation of consumers in the country. If you are looking to sell your home fast, it is a good idea to adapt your marketing strategy to millennials. Otherwise, your home may stay on the market for several months.

Here are some tips to make your home more attractive to millennial buyers.

Embrace technology

Millennials like to gather information online, and are considered to be the most competitive. They browse the internet for home listings before they decide to see the property in person. Many of them have already done their research about the neighborhood, the schools and establishments in the area before they even step foot in your home. If they do schedule for viewing, make sure that your home looks exactly as it is on your online listing.

Move-in ready

Millennials are busy individuals. They don’t have time to paint the walls, tackle repairs or remodelling projects.  They want to spend the free time they have with their family and friends. If you are selling your home to millennials, make sure it’s move-in ready.

Open floor plan

Millennials are a lively group. They love to entertain guests. As such, younger buyers are in search of homes with a large open space that is big enough to accommodate their guests. They are interested in houses with fewer walls and partitions.

Be responsive

Patience was long considered a virtue. Living in an age of modern technology, milllennials feel the pull of instant gratification.

When selling to millennials, you want to make sure that you respond to text messages and emails as quickly as possible. Many of them don’t have the patience to wait. They have high standards when it comes to customer service, so make responsiveness a priority.

Small and practical

Not too long ago, most people dream of having a big house with formal rooms, an oversized Jacuzzi and large basements. Today, however, younger buyers are interested in smaller homes. They live a busy lifestyle, so they want a house that is easy to clean and maintain. And since many of them have no solid plans for the future, most of them are looking for small, economic properties to escape to from the busy city.