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ViewHomes™ of Clark County - Market Report for MultiGen Homes

Sunday, February 10, 2019

Multigen Homes with Nature as Neighbors

We specialize in view homes on acreage or large lots with “elbow room for the soul”. This not only provides homes with plenty of privacy, but also homes that are well-suited for multigenerational living – households with different generations living together. According to the most recent 2016 study by the Pew Research Center, 1 in 5 homes in the U.S. are now multigen. This trend is likely to continue as one way to address caring for the elderly in a rapidly aging population.

Some homes come with separate living quarters, some need to be modified to provide that space. We live in a multigen home, so we know how to find homes suited for this lifestyle.

Here is the ViewHomes™ Market Report for homes suitable for multigen living:

Market Report for ViewHomes™ With MultiGen Features

76 Active Listings – $400,000 to $4,200,000
Average SQFT – 4,413
Average $/SQFT – $223

32 Pending – $409,900 to $2,495,000
Average SQFT- 3,800
Average $/SQFT – $194

62 Sold in last 3 Mos – $400,000 to $2,430,750
Average SQFT – 3,405
Average $/SQFT – $182

Median Days on Market was 44 days – down from 62 days in January.  Multigen homes don’t stay on the market very long! 

(Note: Report is for homes priced $400,000 and above, and does not include a spectacular $12,000,000 165-acre multigen property in Woodland, WA)

Buyers:
If you are looking for a home for multigen living, you can start your search here.

Sellers:
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!

Filed under: Lifestyle | Lifestyles