Currently Reading

What to Know About Millennials' Wellness Focus

Advertisement
Healthy Homes

What to Know About Millennials' Wellness Focus


July 27, 2021
young buyers
Photo: GutesaMilos | stock.adobe.com

Millennials make up much of today’s buyers, meaning their preferences are important for builders to take into account. Aged between late 20s to 40, many Millennials are starting families and looking to purchase a starter home, and one of this age goup’s strongest preferences is a home that supports wellness, says Forbes. A recent survey by Green Builder Media found the Millennial generation spends more money on buying and remodeling homes than any other audience segment. While younger Millennials have a median home purchase price of $250,000, older Millennials purchase homes between $300,000 to $400,000. 

Millennial Mindset
What do these buyers want when it comes to their homes? “For millennials, wellness is a daily active pursuit,” Monitoring the Future shared in a Goldman Sachs-quoted infographic. Goldman Sachs concluded that “Their active lifestyle influences trends in everything.” That would certainly include their housing preferences, and the CDS study bears that out.

“Respondents ranked happiness first. Protecting the environment and health/wellness were tied for second,” the researchers noted. In their home-buying decisions, neighborhood quality and safety ranked highest for millennials and healthy homes ranked closely below, followed by closeness to open space, walking trails and activities, all of which point to the health potential of communities.

Sustainability Nexus
Millennials’ interest in health extends to an interest in creating a healthier planet. The CDS report shares their preferences for gardening, composting, and cooking organically; all three blend wellness and sustainability.  

This tracks with reports of agrihoods’ growing popularity. “The idea of agrihoods was created long ago, when people lived off the land and relied on each other for sustenance, happiness and well-being,” observed Builder and Developer in a recent article on their resurgent appeal. “Now that COVID-19 has created more fear about living in denser places, it is likely that the pressure to live in the countryside will remain.”

These hybrid farming-suburban developments also speak to millennials’ desire to live more sustainably and a growing ability to work away from an office complex.

Read More
 

Related Stories

Healthy Homes

Villa Bilancia Lays the Groundwork for Healthy Home Construction

This Pebble Beach home is a safe haven with healthy design features and energy efficiency

Healthy Homes

Wellness Design Trends Take Center Stage Ahead of 2022

Homeowners are remodeling their living spaces to prioritize health and well-being

High-Performance Homes

A Home for the Ages: Sustainability, Health, and Attainability in One

The Sustainable, Healthier Home in North Canton, Ohio, is a model of energy efficiency, performance, and attainability for 55+ buyers

Advertisement
Advertisement

More in Category




Advertisement
Advertisement

Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.


Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Subscribe
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.