Over the river and through the woods used to be the way to get to grandmother’s house. In today’s world, down the hall and through the door is becoming the way to grandmother’s house, as more families are moving into multi-generational homes. According to the most recent U.S. Census Data, 51 million Americans, or 16.7 percent of the population live in at home with at least two adult generations, this means that more grandparents and parents are sharing a home than ever.
Living in a multi-generational household has plenty of benefits for parents and grandparents alike. Grandparents are able to build a relationship with their grandchildren, there is an extra helping hand when it comes to child care and raising children, and family culture and traditions are more easily passed down. When grandparents become unable to live alone, living in a shared household can become a life saver. If Grandma falls and can’t get up, or Grandpa plays too hard with the grandkids, you will be there to help them and take them to the proper place for care, rather than Grandma and Grandpa having to rely on calling 911 and other emergency services.
Another huge benefit of multi-general housing is lowering everyone’s overall finances. With grandparents often on a fixed income and parents trying to support their children and their parents at the same time, money can become tight. In a multi-generational household, it is easier for everyone to pitch in on the shared bills, freeing up more money for exciting things in life.
With the growing trend of grandparents and parents sharing a home, builders are designing more homes with that in mind. Gone are the days of Grandma and Grandpa sharing a tiny spare bedroom, sharing a kitchen with their daughter in law or sharing a living space with sometimes rambunctious teenagers. With privacy in mind, in-law suites now typically include their own separate kitchen, living space, and bathrooms, just like a completely separate apartment. Some home builders, like Lennar Homes, even include private garages and patios, as well as separate entry-ways in their Next-Gen floorplans.
Multi-generational homes are not a new concept, but with the newer benefits and modern upgrades available, living in a multi-generational home is better than ever. The time spent together and peace of mind that you will get from living in a multi-generational home is priceless, and the values that your children will learn last a lifetime.
Lennar Corporation, founded in 1954, is headquartered in Miami, Florida and is one of the nation’s leading builders of quality homes for all generations. Lennar builds affordable, move-up and retirement homes in Communities that cater to almost any lifestyle – such as urban, golf course, Active Adult or suburban Communities.