Choosing Together Again
At ViewHomes™ of Clark County, we work with a number of families who are looking for a multi-generation home. Most of the buyers we help are either looking for a property to share with an aging parent(s), or a house that works well for parents, children, and grandparents. The aforementioned situations are meant to be long-term.
In other words, for this discussion, we are excluding living scenarios designed to be short-term solutions. For example, a suddenly single adult child trying to regain financial independence, or a college grad who needs a place to stay until securing a job. You get the idea.
The Demand for Multi-Gen Homes in Clark County.
We continue to see an increased demand for such housing, and despite what many assume, the main driving force is often not financial. We mostly work with people who genuinely want to share their lives with family. And, because we chose to live this lifestyle too, we know the criteria necessary to help enhance everyone's happiness.
At the top of the list, in our experience, is the need for privacy. Will everyone have their own space? It may sound obvious, but in reality, it requires careful thought. Personal space might involve the number of kitchens, bathrooms, and rooms to get away. In our home, mom has her own bedroom, bathroom, and sitting room.
Once you've hammered out the details of the type of home you need, it's wise to contact a local real estate expert to help you weed through the inventory. We've found far too many listing agents marketing a property as multi-gen possible, but in reality the space falls short.
Since we are the only real estate professionals in Clark County who specialize in this niche, we know where to look for the best options. For example, here are just a few of the types of properties we've successfully listed, or matched, to our multi-gen clients.
Multi-Gen Housing Options
Multiple Houses on Land. In our area, this generally means a smaller guest house and one larger main home. These properties are mostly found in rural areas. However, recently approved zoning changes for downtown Vancouver, will make it possible for certain owners to build a backyard cottage.
Large homes with the potential to modify. We often spot large homes with the criteria necessary to easily modify for two adult families.The need for two separate kitchens is often a big one for families, and we know what to look for, and what it takes to make it happen.
Duplexes. These can be a great option for multi-gen families.
Builder Specific MultiGen Homes. For example, Lennar with their Next-Gen plans featuring an attached suite. Fortunately, we are seeing an increasing number of other builders offering such plans in Clark County, Washington.
Custom Built Homes. With the high cost of land, and the increasing scarcity of individual buildable lots, this takes a big share of patience and a lot of due diligence.
According to a Pew Research Center report from 2016, a record 63 million Americans are now living in a multigenerational household. We believe those numbers are likely even higher today. Multi-gen living can be an enriching and rewarding lifestyle.
If you're considering it for your family, contact us today. We're more than happy to share our first-hand experience and help determine if a multigen living situation is a good fit for you.
Next week, we'll explore some of the major pitfalls to consider. And of course, the many rewards.
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