Multigen Home With Accessory Dwelling Unit
MultiGen Home Sales – September.Multigenerational households can be a great option for all ages. The 2016 Pew Research Center study shows that 1 in 5 or 20% of all U.S. households are multigen families. Although the number includes many young adults, seniors are becoming a larger percentage of that population. The benefits are clear – it far outweighs institutional or assisted living. And, as a result, fewer seniors are now living alone than in the 1990s.
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. One of our listings is a prime example of the perfect multigen home – separate living quarters, great amenities, and lots of room for privacy.
Since we live in a multigen household, we know how to find homes for sale with separate living quarters. But we will often see homes that, at first glance, don’t appear to be suitable because there are no separate quarters – our was like that. But you can remodel and upgrade to accommodate family members. Since we have that experience as well, we know how to identify those “hidden gem” opportunities.
If you are looking for a multigen home, it’s important to know the market. So, here is a brief Market Report. Multigen Home Sales – September:
134 Active Listings – $354,900 to $4,200,000
Average SQFT – 3,914
Average $/SQFT – $222
44 Pending – $364,900 to $899,000
Average SQFT- 3,352
Average $/SQFT – $182
96 Sold in last 3 Mos – $359,500 to $1,375,000
Average SQFT – 3,199
Average $/SQFT – $188
Median Days on Market was 27 days – down from 47 days in August. 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 $12,000,000 165-acre multigen property in Woodland, WA)
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!