Are you in the market for a new home? If so, you’ve come to the perfect place. Here at VSells & Associates, we are the pros when it comes to buying, selling, and exploring the world of home buying.
It’s no secret that COVID brought us all closer to home. From the rise of remote work to locking down in the house for days, family has become front and center in the lives of many, in a way vastly different than before. As a result, more and more homebuyers are exploring the option of buying or moving into a multigenerational home.
In this article, we will explore the perks of moving into/buying a multigenerational home, and what you should consider if this is an upcoming step in your real estate journey.
One of the biggest perks of buying a multigenerational home is being closer to family. With the rise in gas prices and lost travel time due to Covid over the past three years, seeing family has had its roadblocks. Being closer to family is crucial for building strong relationships, reconnecting, and learning to share with the ones closest to you.
The real estate market has not lightened up, and the future is unexpected when it comes to the price of purchasing a home, interest rates, and taxes overall. Multigenerational homes are a great way to save money when it comes to the cost of buying, owning, and operating a home. Between down payments, taxes, and the general cost of upkeep, being a homeowner can add up. By being able to split these expenses with family, you can have more money in the bank for things like education, travel, and investments.
As parents and relatives grow older, the need to be there for one another grows increasingly more important. The same goes for new babies being brought into families, and the cost of childcare is another expense that can add up.
Not only that, but the bond that children build with family they live with can become some of the most important relationships one can have in their lives. If you want to build your family a community of complete connectedness, a multigenerational home might be the perfect option for you!
For families who practice religion or have frequent traditions they need to attend to, having a multigenerational home is a great way to ease, convenience, and keep these traditions alive. Living under the same roof means that you can easily celebrate life’s special moments, from holidays to birthdays, without ever missing an event.
Last but not least, simply making memories together is the biggest benefit of all for those who choose to live in a multigenerational home! The most special moments can be those that are least expected, that occur outside of holidays and special occasions. Having a multigenerational home makes spending time together at the forefront!
We hope this article helps you better understand the perks of buying and owning a multigenerational home. If you are ready to enter the real estate market, we hope you consider VSells & Associates as a partner in the process!
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Whether you are buying or selling, we at VSells & Associates make it our mission to guide our clients through the whole process. We make moving simple, straightforward, and as stress-free as possible.