NAHB Eye on Housing
At least four out of five millennial buyers prefer laundry rooms, hardwood front exteriors, patios and garage storage. Conversely, they give a thumbs down to elevators, wine cellars and laminate countertops.
These were among the findings from a new study by the NAHB Economics team that focused on millennial home buying preferences.
The 2018 survey asked recent and prospective buyers to rate 175 different features on the following four-tier scale:
Essential: Unlikely to buy a home without feature
Desirable: Seriously influenced to buy home if included
Indifferent: Would not influence purchase decision
Do Not Want: Not likely to buy a home with feature
No. 1 is a laundry room, which 86% of millennials want. Other features on the top 10 list include a walk-in pantry, exterior lighting, a front porch and table space for eating.
