Homes with first and second floor owner’s suites, often referred to as multigenerational homes, have become very popular in the last 10 years. Some multi-generational homes have separate entrances and small kitchens in guest suites for more privacy and independence, however all areas are typically connected to the main house for security and economy.
According to a 2015 report from the National Association of REALTORS®, 13% of all homebuyers in 2014 bought multi-generational homes with the main reasons being cost savings, children over 18 moving back into their parent’s home, caretaking of aging parents and spending more time with aging parents.
While the initial cost of multi-generational homes can be a little higher than the typical 3 bed/2.5 bath home, the total cost for everyone living in the home is much less when you consider the cost of a mortgage or monthly rent for aging parents and/or kids just out of college.
A popular new home feature is first and second floor owner’s suites. Even if a house doesn’t have separate entrances or kitchens, this design allows parents to sleep upstairs near their children while the kids are young and then move downstairs once the kids get older or are out of the house. Having a full owner’s suite on both floors allows for much more flexibility in lifestyle. As homeowners age they can live on the first floor of the home and not have to go up and down stairs to the bedroom. That can also save money as the second floor of the home does not need to be heated and cooled as much, but is still available for visits from family and friends when needed.
Many new home builders are now offering multi-generational homes and homes with first and second floor owner’s suites, guest suites with optional kitchenettes and separate entrances. McKee Homes has a dozen floor plans with first and second floor owner’s suites, optional guest suites or optional second floor guest suites with kitchenettes.
Optional first floor guest suite: Beaufort