Buying a home is a major decision that’s influenced by a variety of factors, and generational preferences can play a significant role. Generation Z, those born between 1997 and 2012, are beginning to enter the housing market, and their needs and wants are quite different from older generations. Unlike their predecessors, Gen Zers grew up with technology, values sustainability, and have a different work-life balance. This translates to unique preferences when it comes to their dream homes. So, let’s dive in and explore 12 things that Gen Z wants in a home that might just make older buyers scratch their heads.
A Strong Internet Connection
For Gen Z, a home isn’t just a place to eat and sleep; it’s also a place to connect with the world. A strong, reliable internet connection is non-negotiable for this tech-savvy generation. They need it for work, for play, for staying in touch with friends, and for streaming their favorite shows. A study showed that high-speed internet was a top priority for 34% of Gen Z homebuyers.
Sustainable and Eco-Friendly Homes
Gen Z is deeply concerned about the environment and climate change. They want homes that reflect their values, which means they’re often drawn to sustainable and eco-friendly features, like solar panels, energy-efficient appliances, and green building materials. A survey found that 72% of Gen Z homebuyers were willing to pay more for an eco-friendly home.
Home Office Spaces for Remote Work
Gen Z is the first generation to grow up in a world where remote work is commonplace. Many of them have jobs that allow them to work from anywhere, so a home office space is a must. This can be a dedicated room, or just a quiet corner with a desk and good lighting. But it has to be a space where they can focus and be productive.
Smart Home Technology
This generation grew up with smartphones, tablets, and laptops, so it’s no surprise that they want their homes to be just as tech-savvy. They’re interested in smart home technology, like programmable thermostats, automated lighting systems, and security devices that they can control from their phones. According to a report, 43% of Gen Zers are interested in owning smart home devices.
Minimalistic and Modern Design
Gen Z values simplicity and functionality in design. They’re drawn to homes with a minimalistic and modern aesthetic, with clean lines, open floor plans, and lots of natural light. They also prefer neutral color palettes, with pops of color for personality.
Multifunctional Furniture and Spaces
With their love for efficiency and functionality, Gen Z is a big fan of multifunctional furniture and spaces. Think of a coffee table that doubles as a storage unit, or a guest room that can also serve as a home office. This not only maximizes space but also allows for flexibility, which is something this generation values.
Affordable Housing Options
Gen Z is entering the housing market at a time when prices are skyrocketing. They’re looking for affordable housing options, whether it’s a smaller home in the city, a condo, or a townhouse. According to a report by Barron’s, 44% of Gen Zers are willing to settle for a smaller home if it means they can afford it.
Smaller, Urban Locations over Large Suburban Homes
Unlike previous generations, who often preferred large homes in the suburbs, Gen Z is more interested in smaller, urban locations. They value the convenience and lifestyle that city living offers. They want to be close to shops, restaurants, and other amenities, and they don’t mind trading space for location.
Low Maintenance Homes and Amenities
Gen Z is a busy generation. They’re juggling work, school, social lives, and hobbies, so they don’t have a lot of time for home maintenance. They’re looking for homes that are easy to take care of, with features like easy-to-clean surfaces, durable materials, and low-maintenance yards.
High-Quality Kitchen Appliances for Home Cooking
This generation loves to cook. They’re health-conscious and enjoy experimenting with new recipes. So, a well-equipped kitchen with high-quality appliances is a must. They’re looking for features like gas stoves, stainless steel appliances, and plenty of counter space.
Flexible Spaces for Personal Projects or Hobbies
Gen Z has a wide range of interests and hobbies, from music production to crafting to blogging. They need flexible spaces in their homes where they can pursue these passions. This could be a spare room, a basement, or even a garage. The key is that it’s a space they can make their own.
Indoor and Outdoor Spaces for Plants and Gardening
Last but not least, Gen Z loves plants. They appreciate the aesthetic and health benefits that greenery brings, whether it’s a houseplant in the living room or a vegetable garden in the backyard. Many of them are looking for homes with suitable spaces for their green thumbs, whether it’s a sunny window sill, a balcony, or a small yard.