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Millennial Urban Dwelling: Home Furnishing For Small Spaces
The American Millennial has grown up. In their 30s, they are more established in their careers and interested in purchasing real estate and quality home furnishings.
In fact, according to the National Association of Realtors, 35% of all home purchases last year were made by Millennials, making them the largest share of homebuyers in the country.
While some Millennials are looking for ‘starter homes in the suburbs, many young professionals live and work in large cities and urban areas where real estate downtown is available at a premium, often at the sacrifice of square footage.
Whether they are buying or renting, one thing is for sure: while urban-dwelling Millennials may not be going big on square footage, they are still going big on style.
According to research by Furniture Today, 77% of Millennials have redecorated their home in the past two years — more than any other age group.
Here’s a look at what’s taking shape in urban Millennial abodes and how those looking to redecorate can make big on small space design:
Sizing Things Down
Home bar cabinets are a great way to keep the good times flowing.
Millennials have embraced the notion that a coffee table isn’t just a table; it’s also an eating surface and a workstation. Furniture that can handle multiple functions is a must-have.
Let us know how you are furnishing your small spaces in the comments below.