Admin

New Construction Homes Cater to Generation Y Wants

By
Real Estate Agent with Long & Foster

New Construction Homes Cater to Generation Y Wants

 

During National Homeownership Month in June, the National Association of Home Builders (NAHB) is telling young people that the time is right to buy a home, and the nation’s builders are building the homes they want.


 

More than 80 percent of Generation Y home-buyers—people born in 1977 or later—said in NAHB’s 2012 consumer preference survey they prefer a highly energy efficient home that results in lower utility bills during the home’s lifetime over a lower-priced home without energy efficient features. Today’s new homes feature ENERGY STAR-rated appliances; windows, doors and insulation that better control the home’s interior climate; and other modern components such as tankless water heaters and HVAC systems that save costs on utility bills.


 

Y buyers will be happy to hear that a new home actually costs less to maintain than an older home. An NAHB study found that homes built before 1960 have average maintenance costs of $564 a year, while a home built after 2008 averages $241.


 

Generation Y buyers favor media and game rooms more than any other specialty rooms for their next home. New homes today not only contain these spaces, they are outfitted with the state-of-the-art electronic and wiring components that can accommodate high-definition televisions, full-house sound systems, hard-wired fire and security alarms and more.


 

Find New Construction Homes for Sale in Philadelphia Area


 

Visit my website to search for new construction homes in Philadelphia or to be notified when new homes come on the market.


 

To find out what your home is worth in the current market email me or call 484-388-1802