Real Estate Trend: Multigenerational Living
Multigenerational living is one trend in real estate that I personally have seen grow over the past decade along the SF Peninsula. As a real estate agent, I have worked with families with young children as well as retired families moving closer to grown children. I’ve learned a few things along the way of what multi-generational families are looking for in a house.
Just what is is a multi-generational family? Typically three or more generations living together (the family with young children along with one set of in-laws). There are many reasons to chose this living arrangement ranging from family closeness to economizing expenses to freedom to pick up and travel.
What makes a home ideal for multi generations?
1. Two Master Suites, or multiple in-suite bedrooms without shared walls.
2. Separate locked entrances.
3. Above-garage apartments.
4. Accessibility, which could mean ground floor master suites, wide doors/halls, and attached garage.
5. Kitchenette easily accessible to one of the bedroom suites, or a morning bar located in a master suite (sink, coffee station, small refrigerator and microwave).
6. Private spaces for each generation to escape to, such as a sitting room or a private patio off the bedroom.
If you are looking for some space to share with the generations in your family, I would be happy to show you some properties. I can even give you a quick analysis of the features of your home that might appeal to a multi-generation buyer!
More Info:Multi-generational Housing is the Hot Niche in a Cool Market
