Millennials represent a powerful slice of the marketplace, and the real estate industry is taking notice. A research study on millennials conducted by Builder magazine and TRI Pointe Group found some surprising demographic insights. Pardee Homes put the study’s findings to use, building millennium-focused Responsive Homes designed to meet the unique needs of those born from the early 1980s to the early 2000s.
The first two Responsive Homes, a 2,514-square-foot contemporary farmhouse and a 3,194-square-foot contemporary transitional, have just been completed in Henderson, NV. While there are numerous upgrades and customizations that can be made to the homes, a basic contemporary-farmhouse-style home will likely start in the low $300,000s and contemporary transitionals in the mid-$400,000s. The model homes will open for tours Jan. 18.