Eco - Conscious Millennials
What are Millennials Looking For In An Updated Backyard?
Eco-conscious millennials are looking for unique items in a backyard when searching for their first home…not just a typical pool, patio or flower bed. According to a recent article featured on Marketwatch.com, they found that millennials are looking for vegetable gardens, advanced security items, stone fire pits, and even wood-burning pizza ovens!
While homeowners customarily have taken advantage of good weather in springtime to add such backyard upgrades as patios or pools, the study suggests that millennial owners and buyers are going in a different direction. “They’re making their own pizza outdoors with vegetables they grow in their garden.” Millennials are particularly eco-conscious when it comes to landscaping and outdoor improvements, adding rain barrels to trap storm water, planting only native species and grasses, and looking for ways to reduce watering needs. About 32% of millennials plan to buy homes over the next two years, compared with 25% a year ago, according to the American Express spending and saving tracker, which surveyed 1,800 adults in February.
And according to Houzz.com, an online database for residential design, 75% of all homeowners (not just millennials) who are planning outdoor projects in 2016 will start in the backyard. Overall, about three-quarters of U.S. homeowners plan to embark on a home-improvement project this year. Of those homeowners making improvements, one-quarter said they would make landscaping improvements, while about 12% said they’d be building or improving a deck or patio, and 7% would include an outdoor kitchen or enclosed barbecue grill.