Is Downsizing Right For You?
As the housing market continues to grow and change, modern living solutions are adapting to keep up with the trends. What people want is a moving target, so it behooves property owners to offer the very best in luxury apartment homes, one-of-kind views, exclusive amenities, and prime locations that offer tenants the shortest commutes possible to their favorite hangout spots and places of work. Out of all these factors, we believe one thing to be a constant…people want the most amount of space possible for the least amount of money per square foot.
Sounds reasonable, right? But with the recent surge in popularity of the micro-apartment, it seems that going small might be the next big thing, especially among young millennials in the early stages of their careers.
What is a Micro-Apartment?
It’s exactly as the name suggests. It’s an apartment, but small. Tiny, in fact.
To offer some perspective, a one-bedroom apartment is going to be in the 750- to 1,000-square-foot arena. A studio apartment is going to be even smaller than that – around 500 square feet – and it won’t have a designated bedroom.
A micro-apartment is even smaller than a studio. There’s no standardized size as of yet, but most micro-units are running about 400 square feet. As you’d expect, the kitchen, living area, and bathroom are pared down to their bare essentials. It’s the tiniest living space available on the market, and yet, these units keep filling up with tenants due to the distinct advantages they offer their niche clientele.
Micro-apartments aren’t for everybody, but for certain single people looking to maximize their living expenses, they’re a perfect fit.
What are the Benefits of a Micro-Apartment?
Moving into a micro-apartment means you’re giving up personal space…so what’s the trade-off? What are you gaining?
First, you’re going to be moving into a luxury apartment home with modern fixtures and features, but at a lower cost than a traditional one-bedroom or studio. They should also feature some distinct technological advantages. For instance, every unit at The Apex at CityPlace in Overland Park is smart-capable, meaning you can control the thermostat and lights with just a touch of a button on your smartphone through our app. Micro-apartments also are cleverly designed, employing sliding panels for storage, foldaway desks, and higher ceilings and windows. They’re small, but they’re quite good at creating the illusion of space.
The other huge positive for people living in micro-apartments are the amenities. You’re going to lose a little off the apartment’s square footage, but you’ll gain so much more by way of all the exclusive benefits available in the communal areas of the property. A full fitness center, infinity pool with swim-up bar, private dog park, 24-hour mini market, and digital sports lounge are just some of the many amenities available to tenants at The Apex. You will never be in shortage of activities or ways to kick back and relax.
You can also count on being in a premium location right in the thick of the action. This is the reason micro-apartments are becoming more and more popular in places like New York, San Francisco, and Boston. Micro-apartments allow tenants to live right in the heart of the city amongst all the best restaurants, bars, and local fare, but without the premium price tag that normally goes along with it. Your front yard won’t be the standard patch of grass with a couple trees; it’ll be a vibrant city filled with things to do and sights to see. Living in the densest part of the city also means less time in the car traveling or taking Ubers.
Finally, a micro-apartment means less to maintain. Cleaning and furnishing 400 square feet is far easier to do compared to a full-size one-bedroom.
Who Should Live in a Micro-Apartment?
The micro-apartment lifestyle isn’t for everyone, and it’s certainly not designed for co-habitation or for people that have immediate plans to start a family. Downsizing your living space to micro-sized tends to favor a certain personality type and age.
Although micro-apartments haven’t been on the market long, the current trend is that most tenants are twenty-something young professionals. It’s a booming market among millennials that enjoy the work hard/play hard lifestyle, especially if they travel a lot and don’t spend much time at home other than to unwind and sleep.
There are a lot of people who move to the city to start their careers, want to be close to work, and don’t have a lot of personal possessions. This type of person is an ideal candidate for micro-apartment living because it cuts down on the cost of living along with how long their commute is to the office.
Sometimes going small in size can yield huge benefits when it comes to convenience and budget.
What’s the Next Step?
Now that you know what micro-apartments are and the distinct advantages they hold over standard-sized and studio apartments, why not take a look at one in person?
The Apex at CityPlace offers some of the most luxurious micro-apartment homes in the Overland Park area. The tour of the apartment isn’t going to take long, but showing you all of our brand new, top-of-the-line amenities will. In addition to what we’ve already mentioned, The Apex also features a resort-style infinity pool with swim-up bar, a hot tub, outdoor grills, a zen garden, a massage room, a yoga studio, a private screening room, and an exclusive social lounge, among other things. We pride ourselves on offering one of the most extensive lists of amenities out of any property in the city.
Our residents love hanging out together at the foosball table and socializing around the fire pit after a long day’s work, and we think you will too once you see it for yourself. We’re also conveniently located next to Corporate Woods and some of Overland’s Park’s best bars and restaurants.