TRENDS TO WATCH FOR IN NEW DEVELOPMENT AND NEW BUILDS
Did you know that 43% of new builds in the real estate market are being bought by millennials?
If you are thinking of building or improving your home, you should know what the high -earning millennial generation is into.
According to McKinsey & Company, 49% of consumers prioritize wellness, making it a 𝟏.𝟓 𝐓𝐫𝐢𝐥𝐥𝐢𝐨𝐧 not Billion- dollar industry! So, if you want to attract millennial buyers, you must think beyond the usual amenities like wine cellars and gyms.
Instead, up your wellness game with saunas, meditation rooms, infrared red light booths, and water filtration systems. If you're feeling extra fancy, throw in a cold plunge pool!
Stephanie Betancourt is a real estate licensee affiliated with William Raveis Real Estate. William Raveis Real Estate is real estate broker and abides by equal housing opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.
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