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Older homeowners who have felt the sting of escalating energy costs tend to be driving the interest.
A “modern/updated kitchen” topped the list of ideal home features in our survey of millennials, registering as most important to more than a third of respondents.
If you plan to sell, don’t rip your kitchen down to the studs; a smaller investment can have serious impact.
But there are some early adopters among younger buyers, too, especially in regions of the country with more extreme weather.
“My millennial buyers usually ask for two years’ worth of utility payments,” says Joe Rivellino, a real estate professional in the Buffalo, N. “They want to know the R-Value on the insulation and whether the windows have low-E coatings,” he says, referring to two important efficiency measures.