Hell Yeah to Multi-Gen Homes: Why They're the Shit for Today's Buyers

by Adam Gillespie

Hell Yeah to Multi-Gen Homes: Why They're the Shit for Today's Buyers"

Hey folks, Adam Gillespie here, diving into the world of multi-gen homes. Let's get into why these bad boys are becoming a hot pick in the Denver Metro real estate scene.

The Gist of Going Multi-Gen Alright, hear me out. Sharing your pad with the fam, like your grandparents or parents, is not just a throwback idea. It's back with a vengeance, and damn right, there are solid reasons for it. The National Association of Realtors (NAR) is all over this trend, especially when it comes to saving some serious cash (check out their cool graph below).

First-Time Buyers: Squeezing the Dollar For the newbies in the home buying game, it's all about stretching that dollar. A whopping 28% of them say cost savings is their big why. Think about it – splitting mortgage payments, utilities, and more. It's a no-brainer in today’s market where going solo on a home can bleed your wallet dry.

Repeat Buyers: Dream Big, Spend Smart Not just the rookies, even the seasoned buyers are jumping on the multi-gen train. 28% of first-timers and 18% of repeat buyers are teaming up to grab that dream house. When everyone’s pitching in, that spacious dream home isn’t just a pipe dream anymore.

More Than Just Money But hey, it ain’t all about the green. NAR points out that 23% of repeat buyers are thinking of their aging folks. It’s all about keeping the oldies in good spirits and in their comfort zone, surrounded by family. Like Axios says, it’s not just financial; it's also about caring for the old guard.

Need a Pro? I Got Your Back Finding the right multi-gen home is like a complex puzzle. You’ve got more opinions, more needs – it’s a whole thing. But don’t sweat it, partner up with a real estate agent who knows their shit.

Bottom Line Whether you’re chasing the money-saving dream or looking to keep the family under one roof, a multi-gen home might just be your ticket. Curious? Hit me up, Adam Gillespie, your go-to guy in the Denver Metro real estate world.