More home buyers looking for mutli-generation homes…

The last buyer I worked with to help find a multi-gen home I met at an Open House in Queen Creek. They were being relocated from South Carolina and were bringing their parents with them and wanted to live under one roof… the search began. After two months looking at eight different properties we found the ideal floor plan by Lennar Homes.

Multigenerational living continues to trend upward. As baby boomers retire, many are choosing to live with their adult children. A recent survey by Pew Research Center showed that 19% of US population is living in multigenerational homes. The survey showed 44 percent of respondents said they would like to accommodate their elderly parents in their next home, while 42 percent said they plan to accommodate their adult children. Many builders have responded to this trend and are now building muligenerational homes.

In Arizona, specifically the Phoenix Metro area it has become difficult to find affordable homes that meet this growing sector. Especially for families moving from other area’s of the country where housing cost are significantly lower. As the Valley of the Sun continues to build further out increasing it’s footprint it has created some affordable opportunities to meet our growing population.

There are several housing options that will accomodate this sector one being two story homes offering a bedroom with full bath downstairs. The other option is one and two story homes with a separate/private suite offering private living and bedroom/bath. Some properties even have separate entrances and garages.

To search Multigenerational Homes For Sale on the MLS click here

 

 

 

 

 

What the Baby Boomers are looking for …


I work with many out of state buyers looking for a second home as well as empty nesters wanting to downsize.  Neville and Sharon are a couple I recently worked with from California looking to downsize from their current home. We looked at various communities in North Scottsdale looking for the right home. After our three day house hunt we found the right home and the views they were looking for in Troon.

The number one thing I am finding is that this sector of home buyers are looking for 3000 square foot or less one-story homes. They have had the big house and are now want a smaller, more manageable home. Home builders have responded and are building smaller homes. In order to get the new smaller homes baby boomer buyers are having look further outside of the initial area they wanted to be in.

Recently we found a rare professionally remodeled home in North Scottsdale’s Ancala West/Ancala Country Club for $760,000 3000 SF 1-story with pool that surpasses anything in Scottsdale in this price range!

Lowest price home in the East Valley…

LOWEST PRICE BASEMENT HOME IN THE EAST VALLEY! Incredible 1 STORY+BASEMENT home offers 4963 SF*6 BR 3.5 BA FORMALS+FAMILY ROOM+LARGE KITCHEN W/GRANITE COUNTERTOPS. 4 CAR GARAGE + REFRESHING POOL WITH RV GATE *Association allows RV’s and boats behind gate. The 30,000 square foot lot backs to 2.5 acre lot for privacy! This is a semi-custom home built in 2001 by Cornerstone Builders. Open House this SAT & SUN