Is Multigenerational Living Right For Your Family?

  • By Jeremy Thompson
  • 15 Aug, 2015
The idea of several generations living in the same home is not a new idea. In fact, in 1900 about 57% of the older population lived with extended family. Historically, it’s actually more unusual for families NOT to live together. The recession, economic hardships and maybe a respect for simpler times has caused a resurgence […] The post Is Multigenerational Living Right For Your Family? appeared first on J. Thompson Builders.
A multigenerational home includes several rooms to accommodate sets of adults from different generations living in the same home. Such homes may include an in-law suite or a private apartment. Or the home may contain a converted basement or an attic, or even a separate (often smaller) home – think of a pool house or a carriage house! Some of these spaces may contain their own kitchens or laundry rooms, a separate entrance, yet in other instances the adults may have shared spaces.
While it’s common for elderly parents to move in with their children, it’s just as common for adult children to move back in with their parents. There are financial incentives for all in a multigenerational living situation, but families also benefit by having familial support (i.e. grandparents to help with childcare responsibilities, caring for aging/ill parents, etc.).
Home builders, including J. Thompson Builders, have been increasing the amount of homes they build with multigenerational features. The added cost of additional square footage and rooms is usually less expensive than what one might spend on an assisted living facility or living in another home.
In 2011 we transformed our basement into a mother-in-law suite. You can see more about that project here , including a video showing our work. Parallel to the concept of multigenerational living is accessible living – or aging in place as it’s also called – because it makes it more practical for everyone to live together if the home is accessible to all. We have several custom home plans which offer accessibility features. We’ve also written other blogs on the topic if you’d like to learn more about accessible living. Check out Making Your Home Safer…For Years to Come and Top 5 Home Improvements Your Home Needs to Make It Accessible .
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