It’s no secret that the housing market has changed a lot in the last few decades. These days, there are new challenges and considerations for anyone looking to buy or build a home. For Generation X, this can be especially tricky. We want to get it right! So what works when building a home for Gen Xers? And what doesn’t? Here’s a look at some of the things you need to know.
1. Location, Location, Location
Just like any homebuyer, Gen Xers want to be sure they’re getting the best possible location for their money. But we also tend to be a bit more specific about what that means. We want to be close to good schools, public transportation, and all the amenities that make life easier. And we don’t want to be too far from family and friends.
The right city makes all the difference as well. This generation wants to be close to it all! Cities like Idaho Falls are one of the top trending destinations for the younger demographic. Cities like this have access to incredible career opportunities, schooling options, tons of amenities, and great lots to build the perfect house.
2. Size Matters…To a Point
Generation X is often called the “sandwich generation” because we’re sandwiched between Baby Boomers and Millennials. That means we’re usually balancing the needs of young children with the needs of aging parents. So it’s no surprise that we prefer homes that are a bit more compact and easier to take care of. But that doesn’t mean we’re willing to sacrifice space entirely. We still want enough room to entertain and live our lives the way we want to.
The perfect size for a Generation X home depends on the individual buyer, but generally speaking, we’re looking for something between 1,500 and 2,500 square feet. This gives us enough room to have everything we need without feeling like we’re constantly cleaning or maintaining a huge space.
3. Tech-Filled Options
Generation X grew up with technology, so it’s no surprise that we want our homes to be as tech-filled as possible. We’re looking for homes that are wired for sound, security, and all the latest gadgetry. And we want it to be easy to use!
To appeal to this generation, make sure your home has plenty of outlets and is wired for high-speed internet. Smart home features are also a big selling point. Things like automated thermostats, lighting, and door locks are all very appealing to Gen Xers.
4. Customization is Key
We’re a generation that likes to put our own personal stamp on things. So when we’re building a home, we want to be able to customize it to fit our specific needs and taste. Some things that are important to Generation X when it comes to customization include flooring, countertops, appliances, and paint colors. We also want to be able to personalize our outdoor space. This might mean adding a deck, patio, or pergola.
5. Don’t Forget the Details
The little things matter a lot to Generation X. We want our homes to be comfortable, stylish, and functional. So when you’re building a home for this generation, don’t forget the details! Some things that are important to Gen Xers include storage options, energy efficiency, and safety features. We also appreciate unique design elements that make our homes stand out from the rest.
And you have to think about the design options. Gone are the days of shag carpets and cramped quarters. Today’s generation demands style, sophistication, and a splash of individuality. These homes need to represent our individual style–say goodbye to cookie-cutter developments, Gen X!
6. Go Green
As we get older, we tend to become more conscious of our impact on the environment. So it’s no surprise that Generation X is interested in building homes that are environmentally friendly. We’re looking for homes that are energy efficient and sustainable. And we want to be able to use green materials whenever possible.
Some things that are important to Gen Xers when it comes to building a green home include solar power, wind power, and geothermal energy. We also want to make sure our homes are insulated properly and have efficient heating and cooling systems.
7. Easy Maintenance
Remember how we said we don’t want to spend our weekends cleaning and maintaining a huge home? That’s because we’d much rather be spending our time doing the things we love. So when we’re building a home, we want it to be easy to take care of.
To appeal to this generation, make sure your home has low-maintenance features like durable flooring and countertops, easy-to-clean appliances, and an automated sprinkler system. We also appreciate homes that don’t require a lot of upkeep, like stucco or brick exteriors.
8. Price Does Matter
Price matters when it comes to purchasing a home, especially for Generation X. This generation is now in their mid-30s to early-50s, and many are still struggling to save for a down payment, let alone come up with the necessary funds for a monthly mortgage. Many experts have said that this is due to student loan debt and other financial burdens that were not an issue for previous generations. For Generation X, price is everything when it comes to buying a home.
Source: Home Guide
Because of the increasing material cost of building, many buyers are switching to buy new construction homes. Bentonville, Knightdale and Clayton are the top 3 destinations to purchase a new home for Gen X. However, cities like Mount Juliet, Cibolo, and Idaho Falls are also trending nowadays.
Building a home that meets the needs of Generation X can be a challenge. But it’s definitely worth it! This is a generation that is looking for quality, value, and functionality in their homes. If you can provide that, you’re sure to have a hit on your hands!