Key Takeaways:
- Multigenerational homes are designed to provide your household with additional space as you accommodate the evolving needs of your adult children and aging parents.
- Houses are in high demand, so now is the perfect time to sell your home and upgrade to one with more functional living space.
- Linda Craft & Team recognizes the value of a multigenerational home, and we want to help your household find the perfect fit—call us at 919-235-0007 to discuss your options!
Accommodate Your Household’s Needs with a Multigenerational Home
Multigenerational houses are homes with two or more adult generations living under one roof. If you’ve recently had adult children or aging parents move in, then a multigenerational home can help your household adjust to changing needs. Due to the high demand for houses in today’s real estate market, now is the perfect time to sell your home and move into a multigenerational home.
Multigenerational homes are gaining popularity
Multigenerational homes are gaining momentum in today’s housing market, especially among buyers ranging from ages 41 to 55 years old. Among the total homes sold in 2020, 12% were multigenerational homes. Of those multigenerational homes purchased throughout 2020, 28% were purchased to accommodate adult children living at home, and 25% were purchased to accommodate aging parents.
Multigenerational homes save you money and buy you space
Although having your adult children or aging parents move in with you may cramp your style a bit, there are many benefits to having multiple adult generations living under the same roof. If you’re looking into purchasing a multigenerational home, the combined home-buying budget will benefit everyone involved. Thanks to multiple adults contributing to the home-buying budget, your household can consider homes with plenty of space that may have been out of your price range before.
The more the merrier
Multigenerational homes operate under the sentiment, “the more the merrier.” Having your adult children or elderly parents move in means more quality time spent together. Also, if you have young children, multigenerational homes provide the perfect opportunity for your loved ones to assist with caregiving duties.
In Search of a Multigenerational Home? Let Us Help!
Today’s seller’s market has set the perfect scene for you to upgrade to a multigenerational home that better suits your changing needs. Contact Linda Craft & Team at 919-235-0007 to talk to one of our expert agents, or head to our site to check out our featured listings. We look forward to helping you start this exciting new chapter!