Multiple generations living under a single roof. It’s become increasingly common in recent years. In fact, over 60 million Americans reside in multi-generational households, according to a 2016 Pew Research Center analysis. Whether it’s an aging in-law in need of housing, a college student saving on room and board or a recent graduate returning to the nest, there are numerous reasons to consider this popular—and remarkably practical—living arrangement.
For example, let’s take a look at the eye-catching Caroline floor plan, available at Greyhawk Point in the desirable Vineyard area of Sacramento, California. This two-story, 3,180 square foot home offers two distinct main-floor suite options, each composed of a comfortable bedroom, a generous living room, a private bath and an optional kitchenette. You’ll notice that the suite at the front of the home even includes a separate entrance so your loved one is free to come and go as he or she pleases!
Benefits of buying a multi-generational home may include:
- Additional square footage. Even if a guest suite isn’t in use, having one adds to the total square footage of your home, which can impact its future resale value.
- Flexibility. You don’t even have to offer your in-law suite to a family member. Instead, use it to accommodate an au pair or turn it into a fitness area, home theater, craft room or simply a space to relax and recharge.
- Potential savings. A home with a dedicated guest suite may cost less to purchase and maintain than separate residences for you and your family member.
- Convenience. Having a trusted relative nearby can come in handy if you need someone to run an errand or help with small children.
- Family bonding. Sharing living space with family can help you build and strengthen your relationship.
Whether you’re searching for a single-family home or multi-generational home, visit RichmondAmerican.com to find the perfect floor plan for you!