What generation Z is looking for in a home differs significantly compared to older cohorts. According to a recent study, generation Z and home buying puts heavy emphasis on outdoor spaces, open layouts and diverse communities. Among other differences, unlike the traditional desires for garages and hardwood floors, researchers have discovered generation Z and backyards go hand in hand. The market is projected to change in the coming years, and realtors in Jackson, MS must be ready.
Outdoor entertainment space
Unlike many current homeowners, research shows that generation Z puts outdoor entertainment space at the top of their list. This includes features like huge backyards, plenty of room for lounge furniture, kitchen appliances and maybe even a pool. The gen Z-ers of Jackson, MS reflect the future of real estate and will soon determine which houses are most valuable on the market.
The correlation among generation Z and backyards could be why there’s less interest in townhomes and condominiums. Future homeowners want the sprawling lawns that come with single-family homes because they’ll need room to entertain all their guests. Townhomes and condos require people to live within close proximity and don’t come with that potential.
Open interior design
Realtors in Jackson, MS shouldn’t just focus on providing generation Z with backyards. Another top feature on their list includes open interior design. Young people desire rooms that flow into each other without having too many doors acting as a barrier. Open layouts are most commonly found in shared living spaces, such as the kitchen and living room.
Similar to outdoor spaces, open interior design is a factor with generation Z and home buying because it’s ideal for entertainment purposes. This type of layout allows guests to be spread out across the house and still be part of the action. Realtors and potential homeowners can expect to see an uptick in houses with fewer walls and more room to congregate.
The final key feature has less to do with the house itself and more with the community. In a survey asking what generation Z is looking for in a home, the majority of participants reported they want to live in a neighborhood rich with diversity. Gen Z-ers want to break free from homogeneous upbringings and surround themselves with races and ethnicities other than their own.
This comes as no surprise because young people are spearheading social movements for the betterment of marginalized groups. Respondents said they want diverse neighborhoods because it will put America on the right path. So far, generation Z, in regards to home buying, has proven more progressive than the current real estate climate.
Let’s say you found the perfect neighborhood, but the house itself could use some work. Not every home is equipped with an outdoor kitchen or open interior design. The good news is that the custom builders at Kitchen Kreators Ltd. are here to make your dream home in Jackson, MS a reality. We know what generation Z is looking for in a home and how to make it happen. Take a look through our photo gallery to get started!