Lake & Local 2024

CREATE a work-from-home SPACE It’s no surprise that many of today’s buyers want a home with at least one home office. And with Gen Z’s desire for a healthy work-life balance, a dedicated workspace is essential. So if you don’t already have a home office, consider carving one out or, at the very least, highlighting a space that could easily transition for work-from-home use. BIGGER isn’t always BETTER “McMansions” have given way to smaller homes that are easier to maintain. According to Homes and Gardens, Gen Z buyers prefer low-maintenance homes with easy- to-clean surfaces like granite counters and high-quality building materials like brick or stone for siding. MAXIMIZE the great OUTDOORS During the pandemic, functional outdoor space became a must for many buyers – Gen Z included – and that desire remains. Whether it’s a balcony, rooftop garden, or full outdoor kitchen and patio, there are countless ways to address this and ensure buyers get to enjoy their private outdoor oasis.

A ccording to Christie’s International Real Estate’s Luxury Forecast, the Gen Z homebuyer is all about smart, sustainable, and easy living. If you’re thinking about selling your home, here are five ways to prepare your property for this dynamic new buyer persona. MAKE your space SUSTAINABLE Gen Z and millennial homebuyers are invested in sustainability. According to Fast Company, 91% of Gen Z buyers are looking for green homes, and many say they’d pay more for a property with sustainable features such as solar panels, energy-efficient appliances, and energy-conserving insulation. So what does this mean for potential sellers? As you renovate and refresh, look to eco-friendly building materials, native landscaping, and solar panels. Next-gen homebuyers want homes that reduce their carbon footprints, and these investments could drive more interest and even a higher sales price. INTRODUCE smart TECH Smart home technology is no longer a nice-to-have. As the first generation to grow up surrounded by technology, Gen Z is accustomed to having multiple devices in their homes. To appeal to next-generation buyers, a few simple “smart” additions can make all the difference. For example, installing products like Ring doorbells, Nest thermostats, and smart lighting are easy ways to make a home more appealing.

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