What Is Multigenerational Housing?

A multigenerational home has two or more adult generations living together, including siblings, parents, grandparents, or adult children.

Quick Facts:

  • In 2021, roughly 1 out of every 10 homebuyers purchased a multigenerational home.

  • The number of people living in a multigenerational household has nearly quadrupled over the past 10 years.

  • The most common age range of those buyers was 42-56 years old.

Key Benefits:

  • Easier to care for loved ones

  • Combined homebuying budget

  • Greater flexibility for someone to pursue school or job training

  • Enhances bonds and relationships

Some Highlights:

  • If you have additional loved ones coming to live with you but don’t have enough space, it may be time to consider a larger, multigenerational home.

  • Some key benefits of multigenerational living include a combined homebuying budget, shared caregiving duties, enhanced relationships, and more. These benefits might be why more people are choosing to live in multigenerational homes today.

Connect with Katrina Eileen Real Estate so you can find a house that meets your changing needs and has plenty of space for you and your loved ones.

Contact us by DM or text us at 206.279.9944 today!

Source: Keeping Current Matters

Fawn Morgan