The Rise of Multigenerational Living: Why More Families Are Sharing a Roof

Thinking about buying or selling a home in the Puget Sound area? There’s a trend you should know about: multigenerational living is on the rise, and it’s changing what buyers want in a property.

What is Multigenerational Living?

Simply put, it’s when more than one generation — think parents, kids, and grandparents — live together in the same home. It’s not a new idea, but it’s making a big comeback for several reasons:

• Affordability: With home prices and interest rates up, pooling resources just makes sense.
  
  
• Family Support: Built-in babysitters, elder care, and the comfort of being close to loved ones.
  
  
• Flexible Spaces: Homes with finished basements, ADUs (Accessory Dwelling Units), or extra bedrooms are in high demand.
  
  

What Does This Mean for Buyers?

If you’re shopping for a home, you might want to look for:

• Open floor plans with private suites or separate entrances
  
  
• Larger kitchens and living areas
  
  
• Homes with potential for additions or remodeling
  
  

What About Sellers?

If you’re selling, highlight features that appeal to multigenerational buyers:

• Finished basements, in-law suites, or ADUs
  
  
• Large yards for outdoor living
  
  
• Proximity to schools and healthcare
  
  

Why Is This Trend Growing?

According to the National Association of Realtors, multigenerational home purchases are at their highest in decades. The reasons? Rising costs, a desire for family connection, and cultural shifts. In our local Everett and Bothell markets, I’m seeing more buyers ask for these features every week.

Thinking About Making a Move?

Whether you’re buying, selling, or just curious about your options, I’m here to help you navigate the market. Let’s chat about how you can make the most of this trend — and why Keller Williams Everett is your best partner in the process.