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Here’s Why Millennials Should Build Their Homes Instead of Buy

Millennial homeownership. It’s not news to anyone that Millennials aren’t buying homes in the same way that the previous generation did.

You might be thinking… Fact or fiction?

Turns out there might be some truth to this. But it doesn’t mean they don’t still have dreams of “millennial homeownership”.

In fact, in Canada, Millennial homeownership rates are consistently higher compared to other countries.

Naturally, Toronto and Vancouver markets have some of the highest ownership rates, among other cities like Calgary which surprisingly has the highest percentage of homeowners under 35.

The report goes on to indicate, that Millennials ultimately need more housing options. So it’s not so much about not having a desire for millennial homeownership. But rather, more so to do with college debt and rising home prices, and the 2008 recession that has left many Millennials choosing to live at home longer instead.

While that’s enabling them to save up longer to make a down payment on a home, it’s still increasingly getting more difficult to get into the real estate market today.

Urban city dwellings make renting look more attractive because that way their lives can remain “Instagram-nomadic”. While there’s a strategy to this, it’s important to consider both sides of the coin.

On the one hand, renting allows you to be more adaptive to changing jobs and cities frequently.

On the other hand, you’re missing out on a lucrative opportunity to establish equity in a home and plan for a future.

There’s no denying that getting into today’s real estate market is difficult. Which is why in so many ways, building a home is the best option for Millennials.

Here’s why.

The cost of entry is generally much lower

New homes are generally more spacious, with a medium size of about 2,500 square feet.

Which means the ballpark cost per square foot is around $100 give or take. This is significantly lower cost per square foot than what you would pay in square footage for an established, existing home.

Additionally, if you’re building a home you only pay for what you want.

If you end up choosing to buy resale, you inherit a number of existing features that you pay a premium for. Even if you don’t want them!

You can custom-tailor every detail to your liking

This is probably one of the most attractive reasons to build a home for Millennials.

Who wants to live with someone else’s structural problems or taste in décor?

For the same amount of money (or less) you can build a home that’s completely custom to your own style and preferences.

More than that, you can include any special requests that are specifically tailored to your lifestyle.

While renovating an older, resale home is possible, you can’t make changes to the floorplan too significantly. Oftentimes, general contractors will come up against structural barriers and other issues that restrict your creative design wants.

More than that, while the renovation process is the right choice for many. In some cases (especially ones that require extensive maintenance) it can indicate other damages that have been done under the surface in an older home.

The fact of the matter is, while it’s always possible to renovate an older home, you just can’t get full customization like you can when you build from the ground up.

For Millennials, building a new home means that you can also leverage the latest in industry trends and SMART home technology. [link to internal post]

By ensuring that your home is built with the latest materials, Millennials can benefit from more durable and energy-efficient options that save them money and positively impact the environment.

Maintenance is less expensive

It’s pretty much a no-brainer, older homes have more wear and tear.

Which means certain elements of the property may need more maintenance.

Even worse, you may purchase a new home that has a laundry list of features that need to be replaced or are on their last legs. That sounds expensive.

If you build your home, there’s considerably less upkeep — which is one of the primary benefits to new construction.

Everything in your custom home is new and under warranty. Sometimes, your entire home can be protected for up to 10 years before you have to pay out of pocket. Win-win.

Financial programs are available to new home buyers

At the end of the day, there’s no wonder Millennials aren’t wanting to buy homes. You’ll need to consider having enough savings for a down payment, ensuring that your credit score is in good standing and that your job qualifies you to apply for a mortgage securely.

With many Millennials are harboring large student debt loans, there’s no wonder that buying a home and making a large financial investment feels overwhelming.

The truth is, it is possible for you to get into the real estate market.

Connect with a well-informed mortgage agent who can fully explain the entire buying and financing process. You’d be surprised to discover that building a home is much more affordable than you think.

From a financial perspective, once you have a plan and budget laid out, you’ve already figured out half the battle.

With all of the tax savings and first-home buyer incentives explained, building a home is a much smarter way to invest your money than rent.

Renting a property is like flushing money down the toilet.

Your money isn’t going back into the equity of the home, you don’t have any assets and you’re essentially helping someone else to pay their mortgage.

When you reframe home ownership to look at your property as not only a place that you live but a save planning; home ownership becomes the clear, most-advantageous choice.

Building your dream home doesn’t just mean you become a homeowner.

It means freedom. As in, financial freedom.

As a Millennial, you likely want to resist the confines of what’s expected of you.

Whether you remain lusting after a nomadic “Instagram lifestyle” or plan to put down roots for a while.

Build a home instead.

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Why Home Builders are embracing SMART home technology

As if we’re in a real-life Jetson’s episode, today’s SMART home technology is allowing John to be able to start dinner while stuck in traffic on his way home, unlock his front door for a delivery while at the airport or check on what his dog is doing while in a work meeting.

Turns out… homes are getting smarter. Literally.

Quickly advancing digital technology has completely changed the home design process.

SMART home technology connects directly to your Internet. With only just a WiFi connection and some savvy programming, you’re able to automate basic tasks and monitor in-home systems.

Further, SMART home technology is designed to be naturally intuitive and super easy to use. So that homeowners can effortlessly add new apps and products to their system. As well as remain more connected to the protection of their property.

Devices that are connected to your home can send the homeowner notifications if any alerts, alarms or changes to the home environment occur. Especially if you live or want to build in a rural, quiet area, SMART home technology can give you incredible peace of mind.

The future in custom home building is calling

In a lot of ways, there’s no denying that technology has made life more convenient for us.

Imagine you could have everything in your home connected to your smartphone. How would you feel knowing that all of your devices are also able to send you information, updates and take your commands?

Today, there’s a number of SMART home products. Take your pick from high-security video systems, command-driven appliances, automated shade and window blinds, cooking utensils and more.

Start with the construction process

Equipping your home with SMART home technology starts with the construction process.

During the construction process, new homes should be wired properly. This allows for seamless wireless integration to support home automation products. Some of these products can include thermostats, lighting, garage doors, exterior door locks, appliances, entertainment systems, and security.

If you’re wanting to renovate your home to incorporate SMART home technology, fear not. It’s still possible. However, older homes can have issues with supporting wireless capabilities and reception might be inconsistent from room to room.

This SMART home technology can increase your home’s potential resale value

From a custom-home building perspective, it’s all about fusing tech with connected design.

If you ever choose to resell your home at a later date, prospective buyers can perceive any existing smart home technology to be a major benefit when in the market for a new home.

More and more home buyers are opting for technology capabilities in their home builds. In the same way that hardwood floors and granite countertops add impact, the reality is: technology adds value to a home. It’s not uncommon for a break and enter to happen while homeowners are on vacation or out of town.

As a custom-home builder, it’s part of our core mission to offer our clients with as many options and home-improvements for their future residence as possible.

As we always say, we build to last, and we keep the future of you and your family top of mind.

Keep in mind when considering incorporating any SMART home technology into your custom-home build, you want to cover the basics. Keep in mind, SMART home technology is often highly personalized. It depends on your needs and wants as a homeowner. One tech tool that matters to you might not matter to another.

With whatever products you inevitably choose, you want the tool to be incredibly easy to use, not noticeable in the design and reliable for everyone.

With this technology, your home has the opportunity to improve your quality of life in new ways.

We’re committed to building your dream home with innovation and change in mind. So that we can deliver the best possible product to you.

Quite simply, this is the digital age and we’re building homes for the future.

At BRIKS Design-Build Group you can rest assured that you’re getting the absolute latest in design trends with future-thinking capabilities and ideas.

Beautiful restaurant and bar design by lycs architecture featured on briks design build group for custom home builds, custome home renovations and general contracting

Top Restaurant & Bar Architectural Design Ideas

Innovating restaurant and bar design ideas make a huge impact on your experience as a food establishment. When you fuse the worlds of food and experience, you’ll get an addictive combination that people naturally gravitate to.

It’s a no brainer. Everyone loves to eat out.

More than enjoying a fantastic made-for-you meal, eating out gives people a reason to get together, connect and escape.

And most of the time? People like to enjoy their food in a beautiful space. Cue the importance of beautiful restaurant and bar design ideas.

See, the thing is, the most successful restaurants always have a unique design concept that makes their bar or restaurant more than a coveted reservation, but a tangible experience too.

Think an old-world, cozy, diner bistro design with banquet-style seating. Or dimly-lit 70’s inspired minimalism with artful wall panelling. Instagram-worthy, modern curved architecture in pastel colour palettes. Ritzy chandeliers paired with chesterfield sofas and brass accents.

Design matters.

With that said, restaurant and bar design ideas are having to become more unique than ever.

Today, we live in a quickly evolving digital world. With more and more consumers choosing fast-food and grocery delivery options, you just can’t outweigh convenience.

For the restaurant world, it needs to be about more than just functional design and great-looking restaurants. For today’s bars and restaurants, it’s all about creating in-real-life moments that are better than just the Instagram highlight reel.

The bar needs to make a statement

For every dining experience, the bar needs to be the centrepiece of the space. You should think about this area in the same way that a hearth space in a home creates a communal, gathering “inviting” experience.

The bar is also the first thing people should see when they walk in.

Additionally, it should also be visible from most of the establishment.

There should be enough space around it to encourage free-flowing movement and accessibility.

We want to encourage people to feel comfortable enough to stand and mingle, as well as properly relax into a seat.

Strategic architects should design the bar space with personal interactions in mind.

Curated glimpses or access to the kitchen staff and chefs can also create fluid transparency in the atmosphere. This dining experience adds excitement and drama.

Reflect on the past

In the 1940s through to the early 1990s, fine-dining spots expressed a sense of luxury through “generous seating, plush interiors and ornate décor. According to Architectural Digest, mid-century modern and clean, sleek minimalism are the trends of the present. That includes high-end, modern décor; cinematically-high exposed ceilings and minimal curtains, upholstery or carpet.

In the same that wall panelling and drop ceilings were all the rage in the 1950s and ’60s. Today, design trends have shifted to more upscale and luxurious spaces.

From vintage speakeasies to luxurious lounges and supper clubs. Restaurants in the 1950s through to the 1970s revealed that interior restaurant designs were opulent and luxe by nature.

Today, this concept of luxury is taken to seemingly more lowbrow spaces with open-kitchens and intimate seating. From fine-dining establishments and speciality restaurants to exclusive lounges, and chic, downtown cocktail bars. We’re seeing interior restaurant designs that are highly ornamented and plush by intention.

Think about design longevity

Time is of the essence, right?

In a future-forward way, restaurant, bar owners and architect firms should constantly be asking themselves how a design concept is going to look and feel 5 to 10 years from now. If something is too of-the-moment and whimsical by nature, your diner’s relevancy might not feel the same in the coming years.

The restaurant and bar design should encapsulate the brand embodiment and bring it to life through functional design.

Trends come and go. Reputation is forever.

Consider large scale events

At most restaurants, the design has been strategically thought out to maximize seating and flexible spaces to accommodate large parties and events.

For an intimate fluidity feel, chefs can be close as they move about, talking to diners about dishes, garnishing plates, and generally interacting with customers during each course.

Envision something out of an uber-traditional dinner party that’s brimming with great conversational flow and glasses chinking in celebration.

Further, in this digital world, more and more restaurants are holding spaces for large-scale events.

Functionality can be built into the design here with flexible wall-panelling integrated into the concept. This can section off spaces of the establishment to be transformed into private dinner parties or other events.

The mobile app movement

While it feels insane to admit, it’s practically critical for restaurant and bar designs to incorporate “Instagram-worthy” moments.

Architects and architect firms are no longer designing just for environmental interaction but for social media interaction too.

Additionally, the mobile app world has drastically changed consumers eating-out habits.

In the past few years alone, there’s been a huge increase in mobile order apps at speciality restaurants and fast-casual spots. As a result, many architects and design firms are beginning to create more mobile order pickup areas into the actual layout of the space.

Many people still eat out “the traditional way” to order and eat on-site.

But a growing number of people are actually transitioning to placing orders online or via a mobile app. There’s no denying that it’s a convenient option to just stop in, pick up their food and go.

Architectural design in any space is exciting. Our best advice to you? Make sure to work with someone who takes the time to really understand your vision.

 

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The Trends that Will Influence Architecture in 2019

Architecture and interior design trends are constantly evolving and ultimately becoming new again.

Whenever we’re thinking about building a new home, interior design trends can give us an idea on what to expect for the future looking forward.

For the creative and design-driven architects to the trendy homeowners who always stay ahead of the curve, here’s a list of the hottest trends paving the way to the future in architectural and interior design. 

Architecture and interior design trend #1: Sustainability is in

Building for the future means more than just beyond our family lines. Building for the future means taking care of the ultimate and universal home we all share: Earth. 

At BRIKS Design-Build group, sustainability and environmental design isn’t a trend, but a moral decision we made as a company.

From large corporations to everyday households, more and more people are recognizing the importance of minimizing their environmental footprints.

Beyond just architecture and interior design trends, environmental sustainability has taken place at the forefront of consumers minds.

In an urban planning situation, preserving water, soil, and other natural resources are at the forefront when designing cities.

From a home building perspective, this means building with the best materials and team members possible.

It’s about building structurally with durability and intention in mind.

Architecture and interior design trend #2: Inclusivity should be incorporated into design for everyone.

More and more architecture and interior design trends are also signalling a move towards building inclusivity into design.

To give some context, in this article from Arch Daily:

In 2018, the most searched concepts on ArchDaily were, Accessibility (+108% YoY), Universal Design (+116%) and Inclusive Architecture (+132%).

A representative from the article continues to share that most architectural design was for children and reduced mobility, compared to last year where more people were searching for Architecture for the Elderly (+78% YoY) and different capacities related to mental health and visual impairments (Architecture for the Blind +250% YoY).

Architecture and interior design trend #3: Technology is changing things

Technology is advancing how work is actually being done on construction sites. Further, not only has technology enabled construction workers to be more productive, but it’s also helping them to build faster, better and smarter.

Here’s some more highlights from this direct excerpt of best technology trends in design-builds:

Architecture and interior design trend #4: Increase in speed and comfort

Consider the way in which technology has made everything else in our lives faster, more convenient and more comfortable. As a human-design trend, these concepts will extend to how we choose to live as a lifestyle too.

From smart home technology and remote home security. To design and other systems or services. Technology has (for the most part), improved our lives.

Hello, Alexa? Voice assistants are trending.

Architecture and interior design trend #5: Reuse & Recycle

More and more large organizations and municipalities as a whole are beginning to think about a circular economy which builds sustainability into design.

In simple terms, a circular economy focuses on decreasing waste and making the most of our natural resources. This idea would help us to better design our cities and custom homes in the future.

Complimenting the industrial-style well, recycled spaces are also becoming one of the most popular trends.

In a home, envision a space that highlights raw, wooden, old barn doors in the Master bedroom or restored tractor equipment transformed into co-working desk spaces for budding entrepreneurs.

As Arch Daily states:

Recycling (+145% YoY) and Ecological Awareness (+103% YoY) have not been absent from the debate surrounding the industry with one of the largest carbon footprints in the worldConstruction. Faced with this concern, some architects have identified solutions within the Sustainable City (+165% YoY) systems that stop growing (Degrowth +208%) through renovation (+82% YoY) and rehabilitation (+68% YoY) of spaces, and through the design of Adaptive Re-Use Projects (+154% YoY).

At BRIKS Design-Build Group, we partner with the best architectures in Ontario.

Whether you’re just starting to build your dream home or renovate your current property, trends can be great predictive factors of where to invest your money and how to get the most bang for your buck. 

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The 5 Best Kitchen Design Ideas

Kitchen design ideas are about more than just beautifying a room in your home. Your kitchen is like the heart of the home. At the end of a long day, kitchens serve an integral component to the actual sense of what it means to come home, unwind or enjoy a meal with family.

Kitchens are the parts of our homes that represent bonding, sharing, making new friends and celebrating family.

Which is why when we see a beautiful kitchen renovation, we can easily understand what it really means to be “keeping up with the Jones”.

Here’s how to keep this part of your home, the envy of the neighborhood.

Kitchen Design Idea #1: Lounge-style banquet seating

When you consider the psychology behind what a kitchen incites in us, it’s clear that kitchens are about socialization. Keeping your kitchen design ideas with this core fact in mind will make for a seamless flow that the room is naturally able to encapsulate.

Lounge-style banquet seating adds a conversational, “lax” environment that feels effortless and friendly. While it’s simultaneously casual and communal, it can be equally grand with plush detailing and finished in luxurious fabric.

Kitchen Design Idea #2: Two-toned cabinetry and colour islands

Adding contrast to your kitchen design space goes a long way to adding story-tale like depth, cultivated character and a striking sense of boldness.

Said another way, two-toned cabinetry can ultimately transform your kitchen aesthetic. Equally, it can impact the functionality and design.

For serious drama, choose a light, feather grey tone for your cabinets and a deep midnight blue for the island.

This is also a great design trend to consider if you’re looking to gain more square footage. Maximizing your cabinetry can give you an opportunity to “minimalize” your kitchen.

Inspired by the words of Marie Kondo, “this one sparks joy.”

Kitchen Design Idea #3: Rustic warmth

Rustic style inspired by trendy touches. This one is for the lovers of that classic “American-heritage, familial feel.”

This kitchen design trend comes custom-made for the lovers of shiplap, ceramic-coated barn sinks, and exposed brick. Take comfortable furnishings mixed with raw materials to create a warm and inviting space.

When it comes to the build and design of your kitchen, raw foundational elements with exposed materials like concrete and stone can add to the furnishings.

Kitchen Design Idea #4: Industrial-style intimacy

If rustic farmhouse isn’t your speed. Opt for an industrial-style looking kitchen by incorporating sleek, modern raw materials like chrome, metal, and brick.

Add furnishings such as an old-world steamer trunk, an abstract-looking stone table or even steel or chrome lighting pendants.

Add textural furnishings that add a softness complimented by strong architectural pieces and kitchen features.

Fusing both industrial-style with warm touches of intimacy makes a statement but still feels inviting and calm.

As an added bonus, both industrial-style and rustic finishes are practically kid and dog-proof. In a kitchen, that’s a win-win.

Kitchen Design Idea #5: Exposed ceilings

If you’re renovating or restoring your kitchen, it’s popular to expose wood beams to further add to the charming history of your home.

In a new build or home construction, this kitchen design trend became strategic for making a home look “quainter” and full of character.

There’s no denying that exposed ceiling trusses can add a stylish, visual aesthetic. More than just structural in nature and beautiful in design, but a real conversational piece for friends and family to indulge in too.

Think 12ft industrial-style, exposed concrete, and steel with open air-ventilation showing. Or raw and refinished timber beams something made of cottage dreams. The choice is ultimately, yours.

Regardless of which kitchen design trend you choose to incorporate in your custom or new construction home, you can feel confident that we’ll partner with you to bring your vision to life.

At BRIKS Design-Build group, let us help bring your dream home to life. Whether you’re an architect looking to partner with a home builder or you’re ready to start a new chapter of your life, we’re here to help.