Multi-generational homes grow in popularity
As housing expenses continue to creep up and living expenses such as day care and groceries increase, many Americans are turning toward multi-generational housing. Living with aging parents or with adult children allows a household to pool expenses and physical resources.
Many cultures across the world have embraced the benefits that come with several generations living under one roof - now Americans may be getting on board with the idea.
Multi-generational housing offered in Orange County
Developers are beginning to build housing units specifically designed to meet the needs of a multi-generational household. The Orange County Register reports that one homebuilding startup built an entire neighborhood of the housing units, known as Lambert Ranch, to meet the growing demand for multi-generational homes.
About 169 homes were built to accommodate the needs of several families living under one roof. For example, the houses feature two master bedrooms, one each on the first and second floors so that aging parents may retire to the lower level when physical restraints occur. Another property model offers two separate living spaces joined with a central courtyard - ideal for two families or for those who work at home and require a private space.
Potential homebuyers may find the option of purchasing a multi-generational family in Orange County a strong draw. Check out the houses for sale in Orange County to determine if you can find a property already designed for multi-generational living or that can easily be renovated.
Americans planning on living in multi-generational homes
According to a new PulteGroup Home Index survey, 72 percent of Americans who already live with or are planning to live with their aging parents will either renovate or purchase a home in the future to meet the new living-space demand. Another 49 percent of homeowners living with or planning to live with their adult children will renovate or purchase a new home.
Many survey respondents believed living in a multi-generational home could benefit their family financially and help their family remain emotionally connected. However, to better ensure the practice is successful, a home's design will have to incorporate private spaces for autonomy and families will have to adjust to changing way of life.
"Adjusting to more family members in your home can be a challenge," said Scott Thomas, national director of product development for PulteGroup. "Offering flexibility is key, as well as options such as dual master suites to larger great rooms, it's important that homebuilders understand how to best meet the demand of multi-generational households."