Published on: September 10, 2021
BY STEWART CONTENT TEAM
Multigenerational homes are a growing trend in the U.S. While there are many types of multigenerational homes, the most common type is a three-generation household consisting of adults, their children (who may be adults), and aging parents.
According to Generations United, one in four Americans live in a household with three or more generations. Their report finds that this is a 271% increase since 2011, which brings the number of adults over the age of 18 living in a multigenerational household to about 66.7 million.
Why the sudden increase in this type of living arrangement? The COVID-19 pandemic has contributed to the growing number of individuals moving into homes with relatives. However, majority of these individuals plan to continue with this type of living arrangement in the future. One of the reasons is because it’s cost effective. Families are able to share household expenses and share family care duties.
Are you thinking about moving into a multigenerational home? Here are some features to consider to create an ideal living space for all the generations in the home.
By implementing these features into the home you would like to buy, you will be able to create a space that will benefit everyone in your household.
Do you want to learn more about the home buying process? Learn about some of the resources we offer that can help you with your home search.
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