Multigenerational living, “multigen” for short, is on the rise in the U.S. It has long been a tradition in other countries, but in 2014 the Pew Research Center reported that a record 60.6 million Americans, or 20%, now live in multigen households. This trend continues today as the housing market responds to the demand for multigen homes.
It’s no coincidence that our specialty – view homes with “elbow room for the soul” – is well-suited for multigen homes, too. Sometimes they come with separate living quarters, sometimes they need to be modified. We understand and live the lifestyle, so we know how to find homes suited for this lifestyle.
Market Report for ViewHomes™ With MultiGen Features
101 Active Listings – $410,000 to $5,900,000
Average SQFT – 4,381
Average $/SQFT – $254
33 Pending – $400,000 to $1,725,000
Average SQFT- 3,219
Average $/SQFT – $210
51 Sold in last 3 Mos – $430,000 to $1,124,000
Average SQFT – 3,547
Average $/SQFT – $181
(Note: these averages do not include a spectacular $23,500,000 165-acre multigen property in Woodland, WA)
Median Days on Market was 59 days – multigen homes don’t stay on the market very long!
If you have a home that has multigen features and you want to sell, call us – we are specialists in this field, and we have buyers ready to move!