Family. When you’re in grade school your parents and extended family are ‘uber’ important. Then you grow up some (high school) and can’t wait to get away.
You may head off to college or join the military. But the goal was the same…to get away.
Life was simple. Get an education. Get a job. Live far, far away. Get married, have kids. See grandparents at Christmas.
But then, LIFE happens. And for many of us, you could say **** happens and have it mean the same thing.
We all have are own examples of ‘life happening.’
‘Life happening’ is causing an increase in homes being purchased with the express purpose of combining multiple generations under a single roof.
Lower rent/mortgage costs. Easier to find childcare. Easier to make sure grandma and grandpa are safe. Help with raising children in this crazy society. The list goes on…
The take away:
Buyers: do you foresee yourself taking care of grandparents? Will your new home support extra residents? Could the basement be remodeled?
Sellers: Could your home support a larger family? Do you have egress windows in the basement? If so, it becomes easier to market your home as having the potential for more bedrooms. Or a separate area/bedroom for extended family?
It can feel overwhelming with all the things you need to think about when buying or selling a home and adding more to your list is never fun. But being able to support a multi-generational family is another way to broaden your list of potential buyers.
PHONE: (608) 542-0178
My name is Adam Holberg and I’m a Realtor with First Weber of Wisconsin Rapids. This website is designed to inform and help bring conversation to a topic I love, real estate.