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Multi-Gen Homes In Demand in Clark County - Finding The Right One Can Be a Challenge

Wednesday, August 17, 2016

We’ve all been aware of the trend in this country of multi-generational families choosing to live together.  It appeared as a temporary phenomenon during the recent recession years – children moving back into their parent’s home for economic reasons.  But as we emerge from that downturn, the patterns are clear – more families are choosing to live together – under the same roof or on the same property – and not just for economic reasons.

Most families who make that choice report personal or quality of life reasons for the decision: aging parents need attention, but don’t want to move into a facility; they want grandparents closer to grandchildren, and help in childcare; or, they just like doing things together but with separate quarters.  Whatever the reasons, we have seen this trend emerging in Clark County as more of our clients want multi-gen homes.  Yet, in spite of market demand, the options are still somewhat limited, and it takes some creativity to find the right property for many families.

For several years, in order to find a home on the RMLS that had multi-gen potential, you had to search a variety of fields for clues.  Clearly, “2ND-RES” or “ADU” – Auxiliary Dwelling Unit indicates a second residence, but not all lots can accommodate two living units. Likewise, “SEPLVQT – Apartment or Auxiliary Living Unit” or “GSTQTR” – Guest Quarters” are useful fields, if used by the listing agent. But those are sub-fields in obscure locations like “Interior Features” and  “Exterior Features”.

Recently, our local RMLS addressed this situation by adding a field “Dual Living Y/N”, which is supposed to pick up any indications in any field that separate or auxiliary quarters are available.  While this may help, you still need to carefully screen each listing to see if the situation is right for your client. Even with that search, you may need to be more creative, depending upon your client’s budget. For example, a daylight basement with a bathroom – can a small kitchen be added? Is there enough room on the lot to add a small structure that taps into existing water and utilities?  These, of course, depend largely on your local zoning and building codes that the buyers will need to check out.

For a quick search of Multi-Gen Homes listed in Clark County, check out our website.  Or call us – we are specialists in multi-generational living.

 

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