Millennials are buying homes with their pets in mind

89% of millennials who bought a home this year own a pet

Sep.September 02, 2018 02:00 PM

Millennials put their pets’ needs on top of their list of priorities when buying a home. (credit: mariposavet for Flickr and Wikimedia Commons)

Millennials love their pets so much that accommodating their four-legged friends’ needs is a top priority when buying a home.

According to the American Pet Products Association, 73 percent of millennials own a pet, CNBC reported. But when it comes to millennials who bought a home this year, 89 percent owns a pet.

Rental buildings have long catered to pet owners with dog runs and pet salons, and millennials are looking for the same kinds of features when buying a home.

“I don’t have kids, and I’ve intentionally decided that while I want to have kids one day, I’m not at that point in my life, and I think a lot of millennials here in D.C. are kind of in that same boat, but you still enjoy having something to take care of,” said Jessica Evans, a 31-year-old real estate broker in Washington, D.C.

Evans, who lives with her dog and cat, sold her condo and bought a single-family row house to help keep her pets happy.

She said most of millennial her real estate clients put outdoor space – either a yard or a park close by – as their top priority when buying a home.

A full 79 percent of pet-owning millennial homebuyers who closed on a property this year said they would pass on a home that otherwise meets all of their needs if it didn’t work for their pets, according a survey by [CNBC] – Rich Bockmann

Related Articles

Wall Street bonus season is the stuff home sellers’ dreams, as they picture eager buyers armed with hefty bonus checks and willing to pay top price. But in a buyer’s market that vision may be more like a mirage (Credit: iStock)

Here’s what Wall Street bonus season means for real estate this year

Adam Neumann and 78 Irving Place (Credit: Getty Images and StreetEasy)

Adam Neumann is asking $37M for Gramercy Park triplex

(Credit: iStock)

Residential rents continue upward march in Manhattan, Brooklyn and Queens

Redfin's Glenn Kelman (Credit: iStock)

“It’s on like Donkey Kong”: Redfin scrambling to keep up with iBuyer demand

Don Lemon and Tim Malone with their apartment at 2280 Frederick Douglass Boulevard 

CNN’s Don Lemon lists Harlem condo with fiancé broker Tim Malone

From left: 515 Park Avennue, Soori High Line, One Beacon Court, 53 East 67th Street and 15 Hudson Yards (Photos via Douglas Elliman, Compass, StreetEasy, Hudson Yards, Apartments)

Priciest homes to hit market include an UES building prime for mansion conversion

166 E. 81st St. (Credit: Google Maps, iStock)

UES townhouse once described as “infested with vermin” goes into contract

Marie-Chantal Miller, the Crown Princess of Greece, and her husband Pavlos, the Crown Prince with 385 Great Plains Rd, Southampton, NY  (Credit: Getty Images)

Royal couple buys sprawling Southampton mansion