A large portion of Millennials – 43 percent – prefer a home design that includes a completely open layout for their family room and dining room. This preference is higher than any other generation, according to a National Association of Home Builders report, What Home Buyers Really Want .
55 percent of Millenials want a two-story structure. However, this option is not as popular among Gen X’ers (38 percent), Boomers (17 percent), and Seniors (21 percent). Millennials also prefer either ‘four-plus bedrooms’ in their home (47 percent) or three bedrooms (40 percent) (Figure 3). This may indicate that Millennials desire more space in their homes to accommodate an expanding family.
This analysis shows that Millennials, as the largest growing population of new home buyers have different preferences when it comes to home layouts: most of them prefer open layouts, two-stories, and a relatively large number of bedrooms and bathrooms compared to older generations. Millennials are also more likely to want a basement in their home.
For additional information, an August 2019 NAHB study showed the history of Millennials’ preferences for select housing characteristics. The greatest level of detail—including preferences for hundreds of items broken down by generation, by geography, first-time vs. repeat buyer, household composition, race, income, and price expected to pay for the home—is available in the 2019 edition of What Home Buyers Really Want.
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