Debb Dodges Raindrops - Exploring Clark County Washington

ViewHomes of Clark County: Multi-Gen Market Report August

MultiGen Market Report August

We just spent yesterday touring multi-gen homes with a wonderful family planning to move here from out of state. We are seeing that pattern a lot lately as the demand for multigenerational homes continues to grow each month. Families are changing the way they live: baby boomers are taking in their parents to provide better care, millennials are enjoying the benefit of having their children grow up with grand parents in their home. Last year the Pew Research Center reported that a record 60.6 million Americans now live in multi-gen households.

It's no coincidence that our specialty - view homes with "elbow room for the soul" works well for multigen homes, too.  We know how to evaluate homes on larger lots with the potential for additional living quarters. Whether separate living quarters, or shared space, we understand and live the lifestyle, so we know how to find the right multigen home.

It also helps to know what the market looks like when you start shopping for a multigen home.  Here is a snapshot of ViewHomes™ of Clark County with dual-living features, starting at $400,000 (Note: these numbers do not include a spectacular $23,500,000 165-acre multi-gen property as it skews the averages.)

80 Active Listings - $419,950 to $5,900,000
Average SQFT - 4,374
Average $/SQFT - $224

25Pending - $449,900 to $2,650,000
Average SQFT- 3,749
Average $/SQFT - $219

60 Sold in last 3 Mos - $400,000 to $1,700,000
Average SQFT - 4,067
Average $/SQFT - $182
Median Days on Market was 43 days - multigen homes do not last long in this market!

Buyers:
If you are looking for a home for multi-Gen living, you can start your search here.

Sellers:
If you have a home that has multi-gen features and you want to sell, call us - we are specialists in this field, and we have buyers ready to move!

 

 

ViewHomes™ grew out of our passion for nature, beautiful surroundings, and peaceful environments. Starting together in an urban environment, over the years we've gravitated towards areas with smaller populations and less density. We now enjoy our lifestyle in a rural environment, but with close proximity to metropolitan areas where we appreciate all the amenities of fine restaurants, shopping, and an easy drive to an international airport.
Living in ViewHomes™ is like having “elbowroom for the soul”.


 

                                                                             

 

Comments

Hi Debb Janes EcoBroker and Bernie Stea JD this is an excellent market segment for you two. I appreciate your style of writing and it's so easy to read and understand. 

Posted by Gary 'Banana' Houghtaling, Phoenix Real Estate Agent (Phoenix Property Shoppe) 3 months ago

Debb and Bernie,

I concur with Gary 'Banana' Houghtaling about his assessment of how well your write and your thorough knowledge of the Clark County View Market.  A

Posted by Ron and Alexandra Seigel, Luxury Real Estate Branding and Marketing (Napa Consultants) 3 months ago

That is a great look at the Multi - Gen home market in your area.  They are becoming so popular!

Posted by Belinda Spillman, Colorado Living! (Aspen Lane Real Estate Colorful Colorado) 3 months ago

Hi Debb & Bernie - Very informative overview for multi-generational homes in Clark County. Having the advice and experience of agents who live and understand the multi-gen lifestyle is a huge advantage for interested buyers - they could do no better than to work closely with you.

Posted by Dick Greenberg, Northern Colorado Residential Real Estate (New Paradigm Partners LLC) 3 months ago

You are doing a marvelous job with this market niche and know it first hand with your family situation.

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Platinum Properties) 3 months ago

We're seeing that same trend here, Debb. In some cases it is driven by finances (real estate up and down the Peninsula from San Francisco to Silicon Valley is some of the most costly in the nation), but in others it is a family matter, looking for a lifestyle that benefits everyone. 

Posted by Lottie Kendall, Serving San Mateo County and San Francisco (Today | Sotheby's International Realty) 3 months ago

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