The Value of Multigenerational Homes

The-Value-of-Multigenerational-Homes.jpg

Multigenerational living has been on a downslide for a while, but it is making a comeback for some very good reasons, and not just because of the economy. People have also found that extended family living has something of value for every member of the family, whether infant, grandparent or in between. 

The scarcity and rising cost of housing is pushing affordable shelter out of reach for those new to the job market, such as college graduates, or those who are re-entering the job market. Living with family members in a long-established home can be the answer to the housing dilemma. It can also be an answer to childcare, elder care and caring for loved ones with disabilities. 

People who live in an extended family are discovering the benefits of learning relationship skills they would not learn otherwise and the simple joys of bonding with people they love and have been away from for a long time. 

Working parents of small children no longer must miss work and/or worry if their children are properly cared for and safe. Those with aging parents with any degree of frailty or disability can be equally secure in the knowledge that someone who cares is there for them 24/7 and they are not dependent on strangers to attend to their everyday needs or if a crisis occurs. This security gives everyone in the household a heightened sense of independence as well as a sense of togetherness and bonding. 

Readying the Home for the Multigenerational Experience 

Most homebuyers cannot afford the big McMansions of the 90s, and major remodels are also out of the reach of many homeowners. Homebuilders are aware of this and have made significant modifications to their new home developments. Existing homeowners are remodeling with the same concepts in mind but are saving some money by tackling remodeling projects themselves as a family affair. So even though the homes have a smaller footprint, they are more environmentally sound and take better advantage of the space than those larger mansions popular 30 years ago. You can expect to see the following trends in the homes built today. 

More Bedrooms 

Instead of a foyer, den or playroom, there will be more bedrooms, with smaller closets. The idea is to pack more living space into a smaller area without having to increase the price of the home. 

Amenities for Multigenerational Living 

Homes will be built with mother-in-law suites. There will not be both a living room and a family room but rather one room serving the purpose of two. There may be casitas or tiny homes built outside the main house that will include the necessities for living: bathroom, kitchen, and sleeping loft, all in an efficient, sub-compact design. 

This may seem like harsh living conditions, but the huge advantage of multigenerational living is the tight bond that can form between family members who not long ago saw each other only once or twice a year at major holiday gatherings. Living this way also provides valuable lessons in compromise and learning how to get along with others in an environment where there is little room for personal privacy. The solution to this is to make sure everyone in the home respects each other and their right to a private space when they need it, both mentally and physically. 

Landmark 24 Homes 

Several homes in a wide range of models and floor plans available in the Landmark 24 communities are built with multigenerational living in mind. Consider the Spring Willow, The Waverly and The Brookhaven. These large plans all have a guest suite with a full bath on the main floor, and plenty of room for everyone to have their space.  To get an idea of what this type of living can look like, visit  Landmark 24 Homes and see for yourself how affordable, comfortable and pleasant extended family living can be.

Articles News