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What is the best way to help first-time home owners?
Challenge Type: business
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$1,600
top 50%
115
submissions
DONE
36 months ago

You've purchased your first home. Now what? One of the most exciting and nerve-wracking decisions someone can make is buying a first house. Not only is a house most likely the biggest asset you're ever going to purchase, but most first time homeowners also feel lost when it comes to understanding the ins and outs of home maintenance, upgrades, and other important topics.

We are keen to explore what things would help first time home buyers to become better equipped to handle all the challenges of home ownership. We are open to a broad range of potential ideas, from the ideal connected home setup, to who to call when your roof is leaking. Please use your creativity in thinking about what would be most helpful for a new home owner to be happy in their new home.

Deliverables

Please complete the following:

1) Propose an idea for an offering/resource/digital solution to help first time home owners.

  • Describe your idea in detail
  • How does it help the home buyer? (ex. financial, design/decor, maintenance tasks, etc.)
  • How would a new home buyer use the solution? (ex. app, video library, class, etc)

2) How would you educate first time home owners about your idea? What strategies/channels would you use to increase adoption?

    Submissions will be graded on the following criteria:
  • 1-10 Scale
Reward Tiers
Top 10%
will share $1,000
Next 15%
will share $400
Next 25%
will share $200
Actual individual rewards will be based on the total number of eligible solutions.
Leaderboard
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$83.30 Meera Stephen
$23.50 Thang Nguyen University of Vermont
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$23.50 Benjamin Aduba
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$23.50 Jessie Jahns
$23.50 JP Rudolph
$23.50 Anag_bey Kwame University of South Florida
$23.50 Angus Muzvidziwa Midlands state university
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$23.50 Kevin Yanez
$23.50 Cole P Gap year
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$6.90 Dr. Janelle Christine Simmons Liberty University
$6.90 Sara Furman Grove city college
$6.90 Nancy Lubuye
$6.90 Yasmin El Moustaine McMaster University
$6.90 Liliannn Yánez
$6.90 JINU JOHNSON KTU
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$6.90 Chad Ritchie North Carolina State University
$6.90 Shaina Nieto
$6.90 SWATHI GANNE University of Texas at Arlington
$6.90 Lester Huang Lehigh University
$6.90 Zariah Loni Minnesota State University Moorhead
$6.90 Yale Wang University of Waterloo
Submission questions


What is your age?

(Required)
18-22
23-27
28-32
33-37
38+

Have you ever purchased a house?

(Required)
Yes
No

Approximately when do you plan on purchasing your first house? If already a homeowner, how long ago did you purchase?

(Required)
1-2 years
3-5 years
6-9 years
More than 10 years
Purchased within last 5 yrs
Purchased more than 5 yrs ago
427 characters Average: 1677 characters
Your solution must be at least 200 characters long
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