Multigen Homes - January Market Report

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

Multigen Homes for Sale

Multigen Home Sales - January

Multigenerational  (multigen) homes are gaining in popularity.  And no wonder - multigen households can be a great option for all ages. The 2018 Pew Research Center study shows that 1 in 5 or 20% of all U.S. households are multigen families.  Although many young adults are part of this population, seniors are becoming a larger percentage of these households.  And the benefits are clear - it far outweighs institutional or assisted living. As a result, fewer seniors are now living alone than in 1990s.

If you are looking for a multigen home, you should give us a call to help with your search. With over a decade of personal experience in a multigen household, we specialize in this field.

Our multigen homes are located on acreage or large lots. They have "elbow room for the soul", which provides lots of room & privacy. We even have a special search set up to help you find the perfect home - separate living quarters, great amenities, and lots of room for privacy.

MultiGen Homes for Sale

 

We will often see homes that, at first glance, might not appear to be suitable because there are no separate quarters - our was like that. But, you can remodel and upgrade to accommodate family members. We have that experience as well, so we know how to identify those "hidden gem" opportunities.

 

If you are looking for a multigen home, it's important to know the market:

Multigenerational Homes

Median Days on Market was 68 days - up from 38 days in August.  But even during winter months, multigen homes don't stay on the market very long! 

 

*Note: Averages are for homes priced $350,000 and above, and does not include a spectacular $18,500,000 165-acre multigen property in Woodland, WA)

 

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

 

 

Multigen Sellers: Call us for a free consultation on your home's value. We are specialists in this field, and we have buyers ready to move!

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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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Rainmaker
4,643,526
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Bernie and Debb,

What a great inviting photo!  And as usual your market report is easy to understand and gives a concise picture of what is happening. Happy Monday, enjoy your gym time. A

Jan 13, 2020 09:44 AM #1
Rainmaker
3,282,347
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Hi Debb... that is some room you've pictured. It's interesting to me that your averages don't include homes priced under $350K.  That's more than the median price point in the Charlotte region! In any case, sales of multi-gen homes do not seem to be slowing down in your area.

Jan 13, 2020 09:53 AM #2
Rainer
194,202
Ted Glover
Alderman Classic Realty, LLC - Moultrie, GA
ABR in Moultrie, Georgia 229-854-5422

Hi Debb and Bernie, I enjoyed the video. What beautiful views of the area and homes. Really like the one over the Columbia river. It looks like I need to explore that type of properties for potential clients here.

Jan 13, 2020 09:54 AM #3
Ambassador
1,936,786
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Nina Hollander it's because they are not ViewHomes - homes under 350K are all on tight lots, or not optimal for living in a soothing enviroment. 

Jan 13, 2020 10:48 AM #4
Ambassador
1,936,786
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Thanks Alexandra. I'll tell Bernie. 

 

Hi Ted, thank you.   We sold that home last year. 

Jan 13, 2020 01:53 PM #5
Rainmaker
2,032,757
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good afternoon Debb Janes EcoBroker and Bernie Stea JD - not only is multi gen home better than assisted living for emotional reason is makes sense financially.

Jan 13, 2020 02:05 PM #6
Ambassador
4,018,934
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Debb and Bernie- I love the idea of Multi-gen living for many reasons. I grew up in a mult-gen home and would not trade that experience for anything. Also appreciate your making your reports easy to read. 

Jan 13, 2020 07:44 PM #7
Rainmaker
3,480,649
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Debb and Bernie - your local Clark County real estate insight can help prospective buyers imagine life in a multigen home when they previously did not think that was the case or even possible.  That's an important part of the puzzle when moving to your next home.  

Jan 14, 2020 05:45 AM #8
Ambassador
1,936,786
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Hi there, Grant Schneider - it is a great support system. That's for sure. And as you mention, financially,  it is a boost for all parties too. 

Jan 14, 2020 06:25 AM #9
Rainmaker
2,710,876
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Multi-Gen is a great way for a family to take care of each other while not having to give up their own personal space!

Jan 14, 2020 06:25 AM #10
Rainmaker
3,285,020
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Bernie and Debb,  great information and wish my family would live closer that we could all live together.   Daughter and family is flying into tomorrow so snowmobling on Thursday and rodeo on Friday and Estes Park on Saturday for the first 3 days.

 

Jan 14, 2020 09:48 AM #11
Rainmaker
5,584,245
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will love your local real estate reports.

Jan 15, 2020 05:05 AM #12
Rainmaker
2,100,731
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Good morning, Debb Janes EcoBroker and Bernie Stea JD!

I can see many advantages to multi-generational living. Cooking for one or seniors who don't eat much is costly and it is truly beneficial to be living with family members who can be sure their loved ones are eating healthy and they are not alone. If there are little ones, oh, what joy! There is no great joy to grandparents than grand-kids. Pets, get more pets and give more unconditional love to all! Clearly, as Multi-Generational Specialists, you know all the joy and benefits and when it comes to buyers and sellers, nobody does it better than you. 

Jan 15, 2020 08:58 AM #13
Rainmaker
4,209,266
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Debb, looks like buyers looking for multi-gen homes have a few to view, and hope you get the calls! 

Jan 16, 2020 08:19 AM #14
Rainmaker
5,584,245
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thanks for your comments on my recent posts.

Have a great day and an outstanding weekend.

Jan 17, 2020 09:35 AM #15
Rainer
523,125
Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update, all the best to you as you get many of these properties listed and sold.

Sally

 

Jan 23, 2020 05:05 PM #16
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REALTORS® in Clark County, WA
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