Updated: Jan 9, 2019
Remember the show Full House? I do.
This 90’s sitcom brought the idea of multigenerational living to life. This idea of combining family living space is rapidly growing in the market right now. With rising costs of living, the consideration of this lifestyle is expected to reach 85% by 2022. However, while the show emphasized their family bonding and heartwarming moments, there are numerous factors when considering this decision in reality.
Reasons to Consider Multigenerational Living
Why should you consider multigenerational living, and is it the right fit for you? First let’s talk financials. This is often one of the biggest reasons for considering multigenerational living. With growing medical technologies and applications, median age is at a record high. What does this mean? People are living longer, therefore, the costs of living are on a continuous incline. Sharing those costs with other people may help to alleviate a lot of financial stress and share the responsibilities that come with owning your own home.
Additionally, many people want to avoid putting their parents in nursing or other assisted living homes because they may not be the ideal place or price for their loved ones. Multigenerational living is a great way to alleviate both the emotional and financial stress of this. Another benefit of having your parents or grandparents around the house, is having extra sets of hands to reduce or eliminate the need for childcare.
When making the decision to build a multigenerational home, all decision makers should be present and the vote should be unanimous. Using house walk throughs and ideabooks can help shape your concept of what the experience will be like.
Layout and Features, Perks, Benefits
Over the years, we’ve worked with customers to repurpose their space to fulfill evolving family needs. Although there is the glaring concern of putting all of your family in one confined area, not to worry. There are boundless layout options and design features to develop a house plan that would work for your family. These features could include; separate house wings, sound proofing, multi-use and extra space. Other perks would include; step free entrances, bedrooms away from public space and, separate in-law apartments, the possibilities are endless.
Give us a call, we’d be glad to help translate your vision into reality with our extended team of design / build experts!