Who says Millennials aren’t interested in the perks of home ownership? The fourth annual Houzz & Home survey released on June 10 shows that Millennial homeowners are just as interested in redecorating and renovating their houses as older generations. The survey, which canvassed homeowners of all age groups, received more than 15,000 responses from U.S. Millennial homeowners.
Millennials, also known as Generation Y, are made up of individuals born between the early 1980s and late 1990s. Homeowners within the 25-to-34-year-old age range fell into this demographic in the Houzz & Home survey.
Approximately 55 percent of Millennials said that their main motivation for renovating a newly purchased house was to make it “their own.” And fully one-third of the Millennial respondents to the survey said they purchased a new home in 2014.
“While still a small group, Millennial homeowners are just as active as older generations when it comes to renovating and decorating,” said Nino Sitchinava, principal economist at Houzz. “Because of delayed homeownership, we have historically known very little about their preferences when it comes to their home updates. However our unprecedented data show that Millennial views on resale value, energy efficiency, healthy homes, and other factors are similar to those of older generations.”
About 25 percent of remodelers said that smart home tech was a very-to-extremely important consideration during a recent renovation. Approximately one-fourth of homeowners installed home automation technology in a renovated space last year.
In terms of most-frequently renovated spaces, the kitchen reigned supreme in 2014. Millennials who renovated or remodeled spent an average of $26,300 on major kitchen remodels last year, while Baby Boomers dished out $45,200. However, staying on budget is still a problem for the younger generation. About 38 percent said it was their top challenge last year, compared to just 29 percent of Baby Boomers.
This year’s annual Houzz & Home survey included responses from more than 260,000 people worldwide.
Few things ruin a quiet evening faster than a robot vacuum roaring through the living room. Most of us end up pausing the cleaning run, which defeats the whole purpose of owning one. Matic thinks it has the answer with its new Serene robot vacuum, and the big selling point is how little noise it makes.
The Matic Serene runs at 52 decibels even when cleaning at full power. To put that in perspective, Matic compares it to the hum of your refrigerator. It is available now for $1,695, which is $200 more than the original Matic’s current price.
Outdoor security cameras are not always practical if you live in an apartment or rental. Drilling into an exterior wall may be off-limits, while pointing a regular indoor camera through a window can create another problem once reflections start showing up after dark.
Baseus is trying to solve both issues with the new PrimeSentinel W1, a $69.99 security camera designed specifically to monitor the outdoors through glass. It mounts directly to a window without drilling and uses a 4K Starlight sensor with an F1.0 aperture for full-color monitoring during the day and at night.
This post is brought to you in paid partnership with Best Buy.
Technology evolves every day, transforming how we live and work. Our devices are becoming more than tools we use. They are increasingly capable companions that help streamline day-to-day routines and spark creative ideas. If you have been waiting for the right moment to upgrade your tech setup, the Discover Samsung Shopping Event offers an opportunity to explore what connected, AI-powered living can look like.