Home Improvement Trends Among Millennials 1

Home Improvement Trends Among Millennials

Home improvement, or home renovation, involves renovating or changing a home’s interior and exterior. It’s a popular trend among Millennials, who often buy homes and renovate them. They often hire contractors to do the work. It can be very rewarding, if done properly. These are some things that you need to think about before you begin your project. For those who have almost any questions relating to in which and also how you can work with 20x25x1 air filter merv 13, you can contact us in the page.

Home Improvement Trends Among Millennials 2

Renovating is a popular choice for millennials

A recent survey from Houzz and Home found that nearly half of millennials plan to start home renovations in the coming year. This is a four percent increase over last year. In order to complete larger projects, millennials are more likely than others to seek professional advice. A small percentage of first-time homebuyers will take out a renovation loan to make their projects more affordable and efficient.

Because the Millennial generation has student loan debt, it is prudent to be cautious about home renovations. These young homeowners tend to focus on the rooms they use the most. This holds true for bathrooms and kitchens, but the Millennial generation is willing to make changes to outdoor spaces.

American consumers felt more comfortable spending time at home after simply click the following website page recession. This resulted in an increase in home remodeling. A Millennial generation is more likely to purchase an older home. Millennials have a tendency to buy older houses because they are inspired by HGTV shows, YouTube videos and Pinterest how-tos.

Millennials are looking for contractors

A Bank of America survey revealed that 75% of the millennial homebuyers started a project within the first 12 months of purchasing their house. This trend is probably due to the hot real estate market that has encouraged many first time homebuyers, who have started projects in their first year of purchasing a fixer-upper that needs some work.

Home improvement professionals must adapt to this new demographic. Although the public isn’t comfortable hiring contractors, there are many ways to attract millennials into your home-improvement business. Your company should be more millennial-friendly. Your company’s mission should reflect the values and expectations of millennials. Also, give your employees the perks they love.

Millennials want to learn new skills and employers that welcome them should encourage them. The 18-to-35 demographic is the most educated in the United States, and many of them are ready to show off their skills on the job site. The construction industry has become more dependent on technology. Companies that are welcoming to young employees should make their mission clear and include them in outreach programs, including community service. If you have any questions regarding where and ways to utilize 20x25x1 merv 13, you could call us at the web site.