3 Characteristics Of The Future Gen Z Homebuyer

3 Characteristics Of The Future Gen Z Homebuyer

The next up and coming generation of homebuyers recently started becoming adult consumers. In the real estate industry, we are already taking note of these young adults because it’s about to account for 40 percent of all consumers by next year. Before long, they will replace Millennials as the largest generation of homebuyers. This post-Millennial generation will have billions in spending power and they are incredibly diverse. Still, they do have some general characteristics shared by many in their generation. It’s time to take note of Gen Z.

Gen Z Is More Anxious About The Future

The New York Times says that this generation is a very hardworking group and they are anxious about the future. They will be looking for a secure living experience. They will likely be looking to become actively engaged in their communities and within their neighborhoods to promote stability and a calm environment for living. Right around seven out of ten people in Gen Z say that anxiety is a major issue in their generation. Those interested in selling their homes to the Gen Z market can take steps to help the property and the home feel calmer.

Technology Shapes Gen Z’s World Views

Members of Gen Z are absolutely going to be seeking out smart homes. They will be looking for homes with smart appliances and other smart systems. They will want to be able to control the thermostat from their smartphone before they leave work to make sure the temperature is set right. They will want to be able to check their robot lawn mower’s productivity for the day while they are on a break from work. They are also going to absolutely need high-speed internet access with no data caps. If your community lacks high-speed internet access, you can appeal to your local government now to try to encourage this service. Remind them that it will be hard for many in the community to sell their homes without internet access suitable enough for Millennials and Gen Z homebuyers.

Gen Z Are Self-Starters

People of Gen Z are statistically better at self-starting. They are more likely to start their own businesses fresh out of high school and they are expected to seek out a home to purchase much earlier than their Millennial counterparts. What this means is that we could begin seeing the effects of this group of homebuyers increase even within the next year.

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Start Showing Date: 6/12/2024 "Heaven on Earth" is the best way to describe this amazing property!  This one of a kind property includes over 32 acres of gorgeous rolling land, absolutely stunning landscaping with various species of trees and plants, a fish pond, lovely brick patio off of the back porch including a fireplace and grill, and covered porches on both the first and second floor that look over the beautiful countryside.  The views from every window in this renovated farmhouse are no less than stunning!  In addition to all of the splendor that the house offers, across the driveway is a 48X60 Morton Building with a large office space and full bath.  No expense or quality was spared in the fabulous building.  The building boasts zoned heating and cooling, 14 foot ceilings with drive through overhead doors, and a custom made zinc cupola.  The home has 3-4 bedrooms, each with a magical view of the outdoors.  There are 3 well appointed bathrooms with the large master located on the second floor.  The house was originally built in 1906 but completely renovated from 1994-1997 to enhance the original charm!  The exterior of the home is wrapped in durable California Redwood painted a classic farmhouse white. The hand fabricated, standing seam metal roof will withstand the test of time and still maintains the original character of the home. All of the gorgeous oak woodwork has been restored piece by piece, including the staircase and 12 inch baseboards!  The kitchen has beautiful granite flooring and amazing windows that look out over the beautifully maintained fish pond and gardens. Nestled on the outskirts of Ferdinand, this gem is a true treasure.   The home and building sit on nearly 33 acres of some of the most beautiful rolling hills that you can find in Southern Indiana.  Just minutes from Interstate 64, this beautiful property is close to Louisville,Evansville, and Jasper!  If you are looking for a home with enough land for animals or just a home with room to breath in the gorgeous countryside come check out this little piece of paradise! $1,150,000 Listed Coming Soon

9555 S 475 E Ferdinand, Indiana

3 Beds 3 Baths 2,855 SqFt 32.330 Acres

Listing courtesy of Joanie Troutman from Key Associates Signature Realty.

The moment you walk through the courtyard gate and into the front door of this lovely home, you know you have found something rare! The combination of character, vintage charm, and modernization is truly unique. Features include 3 bedrooms, 2 and 1/2 bathrooms, a huge living room with a stone fireplace, a cozy dining room that is mostly open to the customized kitchen, and a main floor laundry area. Updates include a new kitchen with custom cabinets and quartz countertops,  a convection oven with air fryer, bathroom countertops & fixtures, new flooring, and fresh paint throughout. There is a full basement that could easily be finished out and is plumbed for a bathroom. Located in the favorable Grassland Hills subdivision in Jasper and sitting on .41 acres, this home is sure to please. $329,000 Active

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3 Beds 3 Baths 2,068 SqFt 0.410 Acres

Listing courtesy of Sandra Cave from RE/MAX Local.

Beautiful Norwegian Craftsman Design Features 1457 Finished Sq. Ft., 3 Bedrooms and 2 Baths. The Split Bedroom Layout Ensures Privacy, While The Foyer Leads To A Open Concept With A Family Area And Charming Eat-In Kitchen. Upgraded Kitchen Package Includes Granite Countertops, Tile Backsplash, Stainless Steel Appliances And Gas Range. The Spacious Owner’s Suite Features An Ensuite Bathroom, Including A Double Bowl Vanity Large And Large Walk-In Closet. RevWood Select Granbury Oak Flooring Throughout The Main Living Areas With Ceramic Tile In The Wet Areas. Jagoe TechSmart Components Are Included. Additional Photos To Follow $299,800 Active

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Listing courtesy of Kathy Rowekamp from RE/MAX Local.