Multigenerational Homes: Keeping Families Together but, Comfortably Apart

Over 57 million Americans are currently living in a type of multigenerational configuration. 


Homes are consolidating as more children are living with their parents, and aging parents are moving in with their adult children. In order to keep up with this shifting demand, the homebuilding industry is responding rapidly by designing homes specifically created for next generation homes.

Most of these unique homes include private amenities like a separate entranceway, bedroom, living space, bathroom and kitchenette. But, they also include central space where there is connectivity inside the house, designed for all members of the family to enjoy.

The multigenerational home trend, often referred to as homes with a mother-in-law suite or in-law apartment, is driven by baby boomers living longer and late blooming millennials. Multigenerational homes are expected to dominate the next era of housing and are the new best way to reconnect families. 

If you are considering consolidating due to rising rent rates and/or changing family dynamics, you should consider upgrading in quality time and space for all members of your family with a multigenerational home. Chattanooga Property Shop has six homes available for sale that can serve the needs of multigenerational families that want to live together but, comfortably apart. 

515 Gentlemens Ridge

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Located in Brow Estates of Signal Mountain and zoned for award winning schools. The executive and well appointed brick home is three stories and perfect for entertaining, including a loft apartment hosted by a newly built garage.  This six bedroom, nine bath home has something to offer for every member of a multigenerational family.

436 Bouton Drive

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Located in a neighborhood outside of Red Bank, offering privacy and ease of living to multigenerational families. The main floor offers a fantastic open concept with fully finished basement as well as an additional adjunct home. The six bedroom and five bath home is perfect for entertaining family dinners and large holiday gatherings. 

7900 Thunder Farms Trail

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This private and secluded southern home features French Colonial architecture and has been designed to both entertain guests and for everyday family life. The three story home includes four bedrooms and eight bathrooms with an in-law suite that is separated but, still attached with its own entrance and patio. 

7501 Savannah Drive

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An ultimate waterfront home in Chattanooga with five bedrooms and four baths. With year long 12-15 ft deep waters and gorgeous water views from the outdoor balcony, this home has something to offer everyone. The perfect home with an open floor plan for entertaining company and housing a multigenerational family but, also designed with privacy in mind including a separate entrance for a full mother-in-law suite.  

2092 Cherokee Valley

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Beautiful private home located on 23 acres with a gated pasture and large front porch. This four bedroom, three bath home greets you with a spectacular two story foyer. Additional loft located above two car garage can serve as an in-law apartment for multigenerational families. 

4441 Raccoon Mountain Road

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All brick custom home includes 2,000 SF apartment on the property. Located on the beautiful Raccoon Mountain with easy access to hiking, mountain bike paths and numerous outdoor activities. The cozy stone fireplace, beautiful hardwood floors, soaring ceilings and loft offers a warm and inviting space that is as wonderful as the land surrounding it. This four bedroom, three bathroom home on 5 acres is perfect for multigenerational families. 

Are you, or is someone you know in the market for a multigenerational home that provides privacy and independence to all parties? Chattanooga Property Shop may have the home for you! For more information on these listings and multigenerational homes please contact Chattanooga Property Shop at (423) 664-1900.

http://www.newsweek.com/why-multiple-generations-families-choosing-live-together-324614

http://www.nytimes.com/2016/04/09/your-money/multigenerational-homes-that-fit-just-right.html?_r=0

http://www.pewsocialtrends.org/2014/07/17/in-post-recession-era-young-adults-drive-continuing-rise-in-multi-generational-living/
http://www.newsweek.com/why-multiple-generations-families-choosing-live-together-324614

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