New Designs for Multigenerational Households?

Some old/new again homes are coming into the marketplace. Remember when it was assumed the older generation would move in with the younger generation at some point? No – I don’t either. But that was the case in most families.

Builders are once again building homes to accommodate multiple generations. Increasingly a parent or parents may move in with their kids. Young college graduates are staying home longer while they look for work – or just because they have student loans to pay-off. According to the U.S. Census Bureau the category “multigenerational households” increased by 30% from 2000 to 2010 and the major home builders are taking notice.

Some features:

• Second Master Bedroom Suites
• Kitchenettes
• Larger Ranch Models
• Separate Entrances
• Additional “Living/Sitting Rooms w/ Second Master Bedroom
• Perhaps a Move Away From Senior Communities? (restrictions)
• Stand-Alone Guest Houses/Flex Space

Additional changes – pets are becoming more and more “Part of the Family”. This is certainly true in our home where are children are older and moving on. We have several times in the last year listed and sold homes with multiple “cat doors” allowing the cat(s) to move freely throughout the home. They also included litter box closets with cat doors.

Home buyers needs change and the home building market changes to meet their needs. Are your needs changing? Contact me at the Hisey Group w/ Howard Hanna: Lee Hisey 440-315-6000 or leehisey@howardhanna.com.