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First-Time Millennial Homeowners Are More Practical Than You Think A recent study by Better Homes and Gardens reveals that first-time millennial home buyers (ages 22-39) aren’t afraid of purchasing a house that needs a little TLC. “Firsts,” as BHG calls this group, “are extremely practical about homeownership. While they have aspirational dream homes, they have a realistic approach to their goals and budgets when it comes to home buying and renovating,” the report states. It also points out that they are more likely “to live in lower-end homes that are aging and in need of fixing up.” In fact, 50% said at move-in their properties required some degree of repair.