If you are a young professional in the market to buy your first house, you may be wondering if a newly-built home or an older, previously-owned property is right for millennial homebuyers.
There are plenty of reasons why millennials should consider new construction homes. As a young adult, financing is as simple as contacting a lending institution and meeting a few standard requirements to qualify for a loan. These include being gainfully employed, having a medium or better credit score, and being able to make a modest down payment.
As a millennial, you are part of the largest age group in the United States — 72 million — which is bigger than the baby Boomers and Generation X combined. Your peers, colleagues and coworkers are gradually finding their way to becoming homeowners. Millennials are moving from Mom’s basement and the downtown “crash pad” to clean, comfortable, newly-built homes which can be molded to reflect their personal tastes and individual preferences.
Unlike homes built before the turn of the century, modern construction uses the latest in eco-friendly building materials and energy-saving construction techniques. Together, these features help lower your carbon footprint while saving you money on monthly bills. Newly built homes are particularly good at helping new homeowners save energy, as the seasonal weather goes from cool winters to hot summers and everything in between. These houses are expertly designed to produce and to contain temperature-treated air. Modern insulation methods ensure that energy-efficient furnaces and air conditioning units require minimum use.
Most new homes can feature smoke detectors, burglar alarm systems, kitchen appliances, surveillance cameras, door locks, air conditioners and furnaces which can be connected via the Internet of Things (IoT). These features can be programmed, operated, accessed and disabled remotely via smartphone app. While adding to your energy efficiency quotient, this also offers enhanced security and peace of mind along with all of the time-saving benefits of modern technology.
The open-concept floor plans in modern homes are designed to enhance today’s lifestyles. While homes full of tiny rooms and unnecessary walls were popular in the 20th Century, modern layouts allow for better visual and verbal communication while maximizing the functional use of square footage. Shared areas such as the living room and dining room are connected to the spacious kitchen, allowing for seasonal gatherings and better enjoyment of daily family time. Plus, as a homeowner, you can select a floor plan with an owner’s suite that provides a daily retreat and a private place for rest and relaxation.
When you work with a St. Louis, MO home builder such as Rolwes, you can request custom finishing features such as ornate light fixtures, decorative siding, paint color schemes that fit your tastes and specific landscaping elements such as grass, shrubs and trees. You can also select a home design with multiple bathrooms and optional basement areas for recreation and entertainment — all situated within a quality, well-planned neighborhood.
Becoming a new homeowner also allows you to have your own piece of the American Dream. Residential property is known to increase in value over time, which can allow you to leverage your property assets to finance higher education, family vacations, additional family vehicles and more.
Becoming an owner of a new construction home offers a host of benefits for young adults. Reach out to one of the many experts here at Rolwes Company to learn more about new homes that are designed for modern lifestyles.
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