What is a multi-generational home? Multi-generational living is a lifestyle where multiple generations of a family reside together in a…
What is a multigenerational home? What are the benefits of building one, and what can you expect to be different during your build journey?
Multigenerational living has seen a significant jump not only within Australia but on a global scale. This trend presents a variety of considerations and benefits which come along with a multigenerational home.
Have all of your questions answered and explore designs which might benefit your family’s lifestyle in the following blog. By engaging in conversation with Summit New Home Professionals and leveraging their expertise, you can understand the ins and outs of this new trending type of lifestyle, and make an informed decision about whether a multigenerational home aligns with your needs.
What is a multigenerational home?
A multigenerational household accommodates three generations, coexisting under a single roof. This arrangement may encompass parents, their children, and grandparents, and in certain cases, even both sets of in-laws, or occasionally extended family members such as aunts and uncles.
What are the benefits of living in a multigenerational home?
Parents, along with their children and their own parents, reside together in a household, and all parties reap mutual benefits:
- Children receive round-the-clock care.
- Parents have the opportunity to rejoin the workforce.
- Financial matters are stabilised.
- Grandparents receive care and support from their children.
- Parents receive financial contributions for the household from the grandparents.
- Familial relationships are enriched and strengthened through shared quality time and knowledge.
- Household members can depend on enhanced mental and physical assistance.
How do multigenerational homes work?
Typically, the concept of multigenerational living involves distinct living spaces or wings within the residence, allowing each individual to maintain their privacy while also coming together in communal areas. Collaborative efforts in housekeeping, bill-sharing, and comprehensive family care are all shared responsibilities within a multigenerational household.
Creating distinct living spaces can be achieved by incorporating a granny flat to either the front or rear of the primary residence. This extension provides grandparents with their own kitchen, living areas, and even access to the garden. This separation can be reflected in clever zoning; designating a parental wing at the forefront of the home, situating children’s rooms in the middle section, and reserving the back of the home for the grandparents’ quarters.
In certain cases, grandparents might have the capacity to secure higher borrowing amounts based on their owned properties or assets. Consequently, they may cover the mortgage and have their names listed on the property deed, while the parents assume responsibility for household expenses such as bills and groceries, or may also contribute to the mortgage.
What do multigenerational designs look like?
Mahogany
The Mahogany, with its 17m frontage floorplan, encompasses five bedrooms and three bathrooms. It places a strong emphasis on intelligent zoning to guarantee that each individual enjoys their own designated space
Love the look of this floorplan? Download the floorplan and speak with a multigenerational home specialist.
Juniper
The Juniper, designed with five bedrooms and three bathrooms has been thoughtfully zoned to incorporate distinct and self-contained living areas. It includes a separate retreat area furnished with a kitchenette, lounge, and an independent bathroom.
Love the look of this floorplan? Download the floorplan and speak with a multigenerational home specialist.
The Hickory
The Hickory, featuring six bedrooms and three bathrooms has been meticulously zoned to provide private and autonomous living spaces. Additionally, it boasts a separate two-bedroom retreat equipped with a kitchenette, lounge, walk-in laundry, and a separate bathroom.
Love the look of this floorplan? Download the floorplan and speak with a multigenerational home specialist.
With the rise of housing expenses and the challenges associated with entering the property market, particularly in Perth, there exists a multitude of reasons to contemplate multigenerational living as a viable solution for you and your family.
The cost of childcare, the weight of mortgages and bills, and the potential need for one partner to remain at home – all of these concerns can be alleviated through the solution of a multigenerational home. Supun Gunathilaka, a New Home Consultant hailing from Sri Lanka, understands the significance of a multigenerational home design that aligns with families’ requirements. Supun has curated a comprehensive guide to address the frequently asked questions that his clients often have.
You can download the free guide below.
Download the guide to multigenerational homes
