5 Benefits of Living in a Multigenerational Home

In recent years, there’s been a steady rise in the number of multigenerational homes in America. From sharing expenses to sharing chores and everything in between, this lifestyle is proving to be functional and engaging for many Americans. As one of the nation’s leading provider of multigenerational homes, we’ve compiled a list of five key benefits of multigenerational living. But, before delving into its benefits, it’s important to first understand what a multigenerational home is.

The U.S Census Bureau defines a multigenerational home as a household that consists of more than two adult generations living under the same roof or grandparents living with grandchildren under the age of 25. Put simply, these homes exist somewhere between a single-family home and a multi-family building.

Five Benefits

Shared Expenses

Sometimes two isn’t necessarily better than one. Maintaining two households is undeniably costlier and more rigorous than sharing the responsibilities of one. By bringing family members and resources together under one roof, families can collectively address their expenses and allocate finances accordingly.

Shared Responsibilities

Distributing chores and age-appropriate responsibilities amongst family members is a tremendous way of ensuring that everyone does their part. For younger, more able-bodied members, physical work such as mowing the lawn or moving furniture is a nice trade-off so that the older generation can focus on less physically demanding tasks.

Strengthened Family Bond

While most families come together on special occasions, multigenerational families have the luxury of seeing each other every day. By living under one roof, these families develop a high level of attachment and closeness. Here’s how:

  • Grandparents serve as role models for their grandchildren through daily interactions, while grandchildren learn to respect and connect with their elders.
  • Grandparents feel more engaged and useful when they can provide help to their children and grandchildren, whether that’s through giving life advice or merely helping a grandchild with homework.
  • Many studies have supported the notion that grandparents regularly have a profound influence on their grandchildren by ushering in a loving atmosphere and healthy relationship.
  • Loneliness is a common social problem for the elderly. The emptiness of their home weighs heavily on them, making them feel disconnected from the rest of their family and community. Through daily activities with family members in a multigenerational home, grandparents experience a better quality of life.

Ensured Family Safety

Home security is a terrific benefit of multigenerational living. With multiple generations under one roof, a home is rarely ever left unoccupied for long, and living with other family members increases the chances that someone is present to assist elderly family members should they have an accident.

Privacy

One of the primary trepidations families face when shifting their lifestyle is the fear of losing privacy. With so many heads under one roof, it can feel like there’s no place to turn for solitude. Yet, these floor plans are designed to ensure that every family member can have quiet time. Attachments and features, such as separate bedrooms, bathrooms, and kitchens, allow for complete separation between the generations within the household.

 

One in six Americans currently live in a multigenerational household, and it appears that number is only increasing. If you’re interested in owning a multigenerational home and want more information on floor plans, please visit the Toll Brothers website, or stop by a Toll Brothers community today.

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