June 28 2019

4 Reasons Multi Generational Living is Right for You

by racheal

Meadow Creek Next Gen Home in Moreno Vally\ey

As home builders are popping up new townhomes and single-family homes left and right, there has also been a booming desire for new multigenerational homes as well. You may be asking yourself; What is a multigenerational home? It is one that is designed to meet the needs of multigenerational families that allow them both public and private space within the home. This includes families that consist of more than two generations living under the same roof. The new multigenerational homes of today are not your average mother-in-law apartment and will not leave you feeling like you live in a can of sardines.

 

Distinguished homebuilders such as Lennar Homes and Pardee Homes have created some pretty remarkable multigenerational home layouts that allow for comfort and functionality. Lennar’s Next Gen- The Home Within a Home® design, which was the first of its kind, offers a NextGen suite that includes a kitchenette, private living room, single car garage, washer and dryer, and a full bathroom.  This is also similar for Pardee Homes’ GenSmart Suite. This feature is a great addition to your home for adult children who’ve come back home after college also known as “boomerang kids” or grandparents who may need a little bit of assistance. Whatever your needs are, you can easily accommodate your family without sacrificing your comfort or your finances.

 

As if the floor plan features were not enough, here are four of the many reasons why multigenerational living is right for you!  

 

Save money on gas

 

You’ll spend more of your time making memories and less of it stressing on the upward costs of gas prices. There would be no more long trips to grandma’s house for visits on the weekend. 

Carpooling and rideshares can also become an option with multigenerational living. Multiple trips to the grocery store, doctor appointments or dropping off the kids to school can all become a shared task to save money on transportation.

 

Increased Privacy

 

Unlike living in the guest bedroom, multigenerational homes come standard with a private entrance that gives everyone the privacy they so desire all while being within a step’s distance. No need to wait on someone else’s load of clothes in the dryer or not having enough room to spread out. Each family will have their own personal space to lead their own lives unaffected by the other. 

 

Shared homecare costs

 

Although there are essentially two homes, there will only be one set of utility bills, groceries and one mortgage to pay, which saves everyone time and money in the end. 

 

Save on childcare costs

 

The cost of childcare for a date night or mini-vacation can be cut down tremendously when sharing your new home with your in-laws, adult children, or the grandparents. You won’t have to worry about outsourcing a baby sitter for date night or a weekend getaway. You’ll be able to sneak away from the kids with the help of family right under your roof.

 

Flexibility to do what you want

 

The possibilities are endless when purchasing a multigenerational home. You are not limited to strictly using the extra space for the family. You can rent out the suite to gain extra income each month. You can use the space as a home office, studio, or even a workshop. Maybe even leave open to out of town guests. The options are endless!

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