Millennials have their set of preferences when buying and doing things. This generation has changed many industries because of their inclinations. Some examples of these industries are travel and tourism, food, and retail. In general, this generation is quality-driven and value-driven. They know how to maximize research for them to get the best options.
The real estate industry is another industry where millennials are showing significant influences. Apartment living is a major choice for them. But, they are now also interested in buying their homes. Smart homes appeal to this group of people. Here are some reasons why they prefer technology-equipped homes.
They Thrive in Convenience
Millennials lead a busy lifestyle. As such, they want some things to be easier for them when possible. They do not want to feel burdened with manual things. Automation for them is a lifesaver. The voice control feature on smart homes is very appealing to them.
Imagine a home where one can command Alexa to control the warmth. This home can reach its ideal temperature without a person even lifting a finger. Another example is a smart garage door. There is no need to go down and open the garage door. Even remote-controlled garage doors are becoming a thing of the past. An ever-occupied millennial can command Siri to open or close their garage doors. This type of convenience is what millennials look for.
They Love the Balance Between Control and Flexibility
Millennials love to be in control of every aspect of their lives- whether it be in their careers or at home. But, they also want to gain the feeling of flexibility or not getting tied down to something. They do not want to manage their homes while sitting on them 24/7.
A smart home is a perfect answer to this predicament. They can enjoy a long vacation miles away from home yet still be in the know of everything happening there. They can get notifications even when they are at work. From there, they can decide for appropriate actions to resolve issues. The management of their homes is right under the tips of their fingers.
They Are Not New to Technology
This generation is not an amateur when it comes to technology. They are digital natives in every sense of this term. They grew up in homes and in schools that have technology in them. Their workplaces saw the advancement of technology throughout the years. As such, they are not afraid to be around it as compared to older generations. They are even excited to see how far the innovations can be.
Millennials feel at ease in smart homes. They do not have any apprehensions as they navigate through their surroundings. As parents, they would love to introduce their children to the tech-savvy features of a smart home.
They Value Experience
The millennials’ choice of product leans more on what kind of experience it will give them. This is the reason why smart homes hold an appeal to them. A smart hub allows them to control their home entertainment system. It also controls other components such as the lights and the thermostat. Thus, it gives a complete package of a perfect movie night.
Millennials who want to try their hand in cooking can rely on home smart appliances. They will find it easier to control temperatures or set timers with smart ovens and slow cookers.
Millennial parents also find living in a smart home a safer way of living. Smart surveillance cameras and smart door locks give them peace of mind even when they are not at home.
They Want to Have a Sustainable Lifestyle
Even with the fast-paced lifestyles of millennials, this generation care for some causes. One of them is the sustainability of the environment. In their little ways, they want to contribute to having a greener planet. Smart homes allow them to do so. One can program their smart blinds and set a schedule of when it closes or opens. As such, they can save on energy.
Smart lights and thermostats allow perfect control of when to turn or turn off these devices. With these, homeowners can have a more energy-efficient home. They can even turn it off when they forget to do so, and they are far from home. Motion sensors follow the same principle. Lights can turn on and off on their own based on a room’s occupancy.
Smart homes attract millennials for many reasons. These types of homes are excellent for the different needs of this generation. Surveys even show that these homebuyers would be willing to pay more for smart home features. The real estate industry should take note of this buying behavior of millennials.
