Long & Foster Real Estate, Inc.
Eileen Summers, Long & Foster Real Estate, Inc.Phone: (703) 244-3190
Email: [email protected]

Multi-Generational Living: A Real Estate Trend Worth Examining

by Eileen Summers 06/06/2021

Photo by Craig Adderley from Pexels

Housing design has undergone significant changes in the past few decades, with open concepts and flexible living arrangements quickly taking over. Such designs reflect, in part, the increased prevalence of multi-generational families, in which family members of all ages live together.

Why Today's Residents Love Multi-Generational Arrangements

During the Great Recession, the rise of multi-generational living largely stemmed from financial concerns. For years, young adults simply couldn't afford to move out. That has since changed, with low unemployment rates and a fast-paced housing market encouraging young buyers to invest in condominiums, townhouses, and single-family homes.

Despite recent housing developments, many young people still prefer to reside with close family members for purposes of convenience or family togetherness. This is particularly prominent in communities in which cultural norms dictate that young adults will continue to live with their elders long after they have completed their schooling, secured jobs, and even established long-term relationships or had children of their own. The close connections fostered by multi-generational arrangements are not nearly as easy to replicate elsewhere.

What to Look For in Multi-Generational Homes

There's a lot to love about multi-generational living, but such arrangements can feel stifling in the wrong setting. Some houses simply aren't designed to accommodate anything beyond the nuclear family. Thankfully, creative construction is on the rise, with flexible solutions available to help families make the most of once unconventional setups. Key features worth seeking include:

The Opportunity for Privacy

Young adults often venture out on their own simply because they lack privacy. The right structures, however, can resolve this issue by emphasizing private spaces. For example, instead of including one master bedroom and several smaller rooms, such homes may feature multiple master bedrooms. Suites that resemble mini-apartments are even better, as they allow residents to spend entire days in private spaces if desired.

Plenty of Communal Spaces

While privacy is critical in multi-generational homes, communal spaces are just as important. Families should enjoy the opportunity to regularly spend time together. Communal dining spaces, in particular, make it easy to build close connections in a festive atmosphere. Open concept communal spaces are especially popular, as they provide an open feel while also offering flexible space that can be adapted to accommodate evolving needs.

Addressing the Concerns of Several Age Groups

Today, the very homes that require extensive baby-proofing may also need accessible features that enhance mobility for seniors. While not necessarily incompatible, these considerations can be difficult to incorporate in the same space. Universal design principles such as level-entry showers and single-story homes make life easier for residents of all ages.

Today's diverse families and housing preferences call for a broader range of housing options. Cleverly designed multi-generational homes provide an excellent opportunity to accommodate a close-knit and valuable living arrangement that will only continue to grow in prevalence in years to come.

About the Author
Author

Eileen Summers

• 23 years of highly successful Real Estate Experience in Northern Virginia • Expertise in the Northern Virginia marketplace • Excellent technology skills • Enthusiastic and Professional • Top Quality Service A 30 year resident of No. Virginia and a Graduate of the REALTORS Institute, Eileen is a Lifetime Member of the L&F Founder's Club as well as a Lifetime Member of the President's and Chairman's Club, and on the L&F Gold Team. She is an NVAR Life Top Producer and a Life member of the NVAR Multi-Million Dollar Sales Club. Her excellent knowledge of the marketplace combined with experience, enthusiasm, technical knowledge, and professionalism provide clients and customers with top quality service. E-mail or phone Eileen for more information on her listings and/or for a free computerized Market Analysis of your home (Northern Virginia area homes). • 20 Years Real Estate experience in Northern Virginia • Expertise in the Northern Virginia Marketplace • Excellent all-round Technology Skills Specialities: • New Construction • Resale Residential • Specializes in Relocations