Denver ranks in the top three housing markets for millennial home buyers, with nearly 60 percent of sales in the area going to members of this generation in 2020. As a rule, millennials are attracted to markets that offer larger homes with room to grow and access to the outdoors. Colorado certainly fits the bill, with a few added perks. So what is it about Colorado homes, specifically, that draws so many thirty-somethings to the Centennial state? And what is it about mid mod homes that satisfies the millennial wish list?
What Do Millennials Want in a Colorado Home?
The pandemic had a large impact on what homebuyers, in general, wanted in a new house. Millennials, specifically, formed a large part of the remote workforce. Being homebound created a desire for more living space, since work and home life were necessarily united. This desire has persisted into 2022, with a significant percentage of workers still operating remotely or in hybrid fashion. Open floor plans continue to be the most desirable.
Trending reports show that millennials are also interested in having a private outdoor space to spend time with friends and family. This desire was also born out of the pandemic, when many traditional entertainment outlets became unavailable. A kinship with nature was rekindled for many, including millennials. As such, a simple way to access the outdoors via a patio or deck is a top priority for many homebuyers of this generation.
These outdoor spaces are important to millennials for another reason: pets. At 32 percent, the American Pet Products Association (APPA) reports that millennials make up the largest percentage of pet owners in the US.
In addition to being surrounded by natural beauty, millennials want to pay their respects to the environment by opting for eco-friendly and energy-efficient features whenever possible. Solar panels, energy-rated appliances, upcycled materials, and a place to grow home produce are particularly appealing to millennials.
Millennials and Mid-Century Modern Homes
Mid-century modern (MCM) homes have seen a surge in popularity in recent years, not just for their unique architecture, but for their functionality. MCM homes gained ground in the post WWII era, when families began moving out of the city to the suburbs. The design was a simple-yet-elegant solution to a desire for additional space, practicality, and access to the outdoors.
The MCM aesthetic is a popular option for millennials for the very same reasons. A roomy, open floor plan with loads of natural light, functional spaces, and an emphasis on connecting with nature certainly ticks off the list above.
Furthermore, a true mid-mod home is a piece of history most millennials have only seen or read about. The design fizzled out in the late sixties, meaning most of the 80s and 90s born generation missed the chance to grow up in a house of this style (although they may have had a taste of it visiting grandparents).
Buying a Denver Mid Mod Home
Denver is home to some gorgeous mid mod neighborhoods, including Arapahoe Acres, Bow Mar, Krisana Park, and Deza Estates. If you are interested in one of these beautiful homes, contact Brenda Kellogg Meyer. Brenda has years of experience buying and selling homes in Colorado and has a particular interest in mid-century modern listings. Call or go online today to get started.