Tuesday, June 23, 2015

What Makes a GREAT Multigenerational Home?


When I started in the real estate business over 15 years ago, my very first clients was young couple with 2 school aged daughters looking for a home that could accommodate the girls’ grandma living with them.  They wanted an “in-law” suite which was very hard to find at the time because few single family homes were designed for multigenerational living. 

In the past few years, this is a much more common request. Many of today’s home buyers look for housing to accommodate two, three or more generations in one home. Not only do they want to bring aging parents/grandparents into the home, some families have grown children back from college or with children of their own, moving back to the family home to reduce expenses or have more childcare options. Siblings, cousins, aunts, uncles and other family members chose to buy a first home together to share expenses. (Think of the popular TV show, Mike & Molly). There are a plethora of reasons for multigenerational living but what should a home buyer look for when shopping?

Privacy—Everyone needs their own space. Having multiple family/living rooms as well as bedrooms is the ideal way allow some much needed privacy for individual family members.Separate kitchens, bathrooms & entrances make life less chaotic when family members have different schedules.


Accessibility—Older generations in the family might require one level living or options with minimal stairs in the home.  A main floor laundry, kitchen, bathroom & bedroom might be required.  Accessible doorways and hallways that accommodate wheelchairs and/or walkers are also something to consider. Minimal stairs into main floor is ideal.


Open Floor Plan—An open floor plan is desirable for times when all generations gather together. 


Affordable
—With housing prices on the rise, it is essential to consider the long term plans of each member of the family and budget for changes to the situation in the future.


Featured Multigenerational Listing in Stillwater Minnesota

 

1225 2nd St, Stillwater MN


Need to know more about buying or selling a Twin Cities home? Let me be your professional guide. If you are buying, selling or relocating to Minnesota and need help from a professional REALTOR®, give me, Teri Eckholm of Boardman Realty, a call or visit my website for a FREE Home Buyer Success Guide or FREE Home Value Report. I specialize in acreage and lakeshore properties in the north and east Twin Cities metro area including Ham Lake, Lino Lakes and all communities in the Forest Lake School District. Serving Anoka, Chisago, Ramsey and Washington Counties in Minnesota.

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