View Homes of Clark County - Market Report for MultiGen Homes July 2018

By
Real Estate Broker/Owner with ViewHomes of Clark County - Nature As Neighbors

MultiGen Homes for Sale

MultiGen Living With Nature as Neighbors

Multigenerational living, "multigen" for short, is on the rise in the U.S. It has long been a tradition in other countries, but in 2014 the Pew Research Center reported that a record 60.6 million Americans, or 20%, now live in multigen households. This trend continues today as the housing market responds to the demand for multigen homes.

Finding a Multigen Home Requires Expertise

It's no coincidence that our specialty - view homes with "elbow room for the soul" - is well-suited for multigen homes, too.  Sometimes they come with separate living quarters, sometimes they need to be modified. We understand and live the lifestyle, so we know how to find homes suited for this lifestyle.

Market Report for ViewHomes™ With MultiGen Features

101 Active Listings - $410,000 to $5,900,000
Average SQFT - 4,381
Average $/SQFT - $254

33 Pending - $400,000 to $1,725,000
Average SQFT- 3,219
Average $/SQFT - $210

51 Sold in last 3 Mos - $430,000 to $1,124,000
Average SQFT - 3,547
Average $/SQFT - $181

(Note: these averages do not include a spectacular $23,500,000 165-acre multigen property in Woodland, WA)

 

Median Days on Market was 59 days - multigen homes don't stay on the market very long! 

 

Buyers:
If you are looking for a home for multigen living, you can start your search here.

Sellers:
If you have a home that has multigen features and you want to sell, call us - we are specialists in this field, and we have buyers ready to move!

Posted by

 

ViewHomes™ grew out of our passion for nature, beautiful surroundings, and peaceful environments. Starting together in an urban environment, over the years we've gravitated towards areas with smaller populations and less density. We now enjoy our lifestyle in a rural environment, but with close proximity to metropolitan areas where we appreciate all the amenities of fine restaurants, shopping, and an easy drive to an international airport.
Living in ViewHomes™ is like having “elbowroom for the soul”.

 

360-608-4900 

info@natureasneighbors.com
 

                                                                             

 

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Topic:
Real Estate Market Trends
Location:
Washington Clark County
Groups:
Almost Anything Goes
Clark County Real Estate Professionals
Pacific Northwest Real Estate
2018 Market Reports
Tags:
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nature as neighbors
view homes of clark county
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Rainmaker
4,046,144
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Debb and Bernie,

And the trend grows and grows.  Love the picture of that home and its surroundings and this another great report focused on Multi-Gen homes. A

Jul 17, 2018 10:57 AM #1
Rainmaker
2,119,428
Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents
Lyon Real Estate - Sacramento, CA
Put 40 years of experience to work for you

I just sold a multi-gen home in Del Dayo Carmichael and those buyers are modifying the in-law quarters because it's just not big enough. The house is already 5,000 square feet.

Are you finding people want larger spaces, Debb?

I have another coming up in Fair Oaks that is 3,800 square feet but a single story with master suites at opposite ends. You can bet I'm working the multi-gen angle with that listing. It's what people want.

Jul 17, 2018 11:35 AM #2
Rainmaker
1,007,777
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Great market report Debb Janes EcoBroker and Bernie Stea JD - I see this trend continuing as our generation gets older.

Jul 17, 2018 10:03 PM #3
Rainmaker
1,429,608
Amanda S. Davidson
Amanda Davidson Real Estate Group - Alexandria, VA
Alexandria Virginia Homes For Sale

Debb and Bernie, your niche is growing and you're leading the way. I am seeing more and more families opt to live the multi-gen lifestyle and I just love it. The home in your photo is breathtaking. 

Jul 18, 2018 05:11 AM #4
Rainmaker
2,230,243
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Now that would certainly be a great place for multiple generations to live and whomever is interested better call you right away!

Jul 18, 2018 07:55 AM #5
Rainmaker
2,718,727
Nina Hollander
Coldwell Banker Residential Brokerage | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Hi Debb... the multi-generational homes in my area are still very much the exception rather than the rule. Lots of talk about them for years, but I'm not seeing any dent in the availability. I dread getting a call from a client wanting one of those because they are such a rarity.

Jul 18, 2018 10:12 AM #6
Rainmaker
2,960,641
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Debb, we hardly have any  multi-generational homes, but let's be honest if you have a 5000+ sq ft home I am sure it could be easily converted, Endre

Jul 19, 2018 09:44 PM #7
Rainmaker
4,960,474
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

This is great information to share with prospective home buyers.

Jul 21, 2018 02:24 AM #8
Rainmaker
3,829,969
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Debb, we are starting to see more and more buyers around here looking for Multi-Gen homes, so everyone can afford one home.  Great overview for Clark County.

Jul 22, 2018 06:22 AM #9
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Debb Janes EcoBroker and Bernie Stea JD

REALTORS® in Clark County, WA
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