Multi-Generational Homes - Why a Larger Home May Make Sense
When you’re researching design ideas for your custom Cincinnati home, time and time again you’re advised to think about the future. One big future...
3 min read
Chris Gorman Dec. 11, 2023
The trend of multi-generational living is on the rise, and with it, the demand for homes that accommodate extended family living harmoniously. A mother-in-law suite, an increasingly popular feature in custom homes, offers a unique solution.
These suites, also known as mother-in-law homes or in-law suites, not only enhance the functionality of a home but also add significant value to your custom home in the Cincinnati area. They provide an answer to the growing question among families: "Are multi-generational homes a good idea?" By offering a space that balances privacy with proximity, in-law suites make living with extended family both practical and enjoyable. Read on to find out more about what a mother-in-law suite is, the value it adds to your custom home, and just a few of the many alternative uses for a mother-in-law suite.
An in-law suite, or a mother-in-law suite, is essentially a private living area within a home or on the property, designed to accommodate extended family members independently. These suites, which can vary from homes with separate mother-in-law suites to in-law apartments with a separate entrance, typically include a bedroom, bathroom, kitchenette, and living area.
They are particularly beneficial in multi-generational homes, addressing common concerns such as maintaining privacy and independence. The design of these suites often considers the needs of older family members, incorporating features like:
Integrating an in-law suite into your property can significantly enhance its market value. These additions offer an excellent return on investment (ROI), which can be between 50% to 80%, and potentially exceed 100% if used as a rental unit.
The versatility of an in-law suite, serving as a guest house or rental unit, makes it an attractive feature for potential buyers, enhancing its marketability, if you were to decide to sell your custom home in the future. Make the most of your custom home investment by adding this highly valuable feature.
In-law suites are not just for aging relatives; they could serve various purposes. They provide a private, independent space for adult children returning home, offering more autonomy than a traditional bedroom.
Additionally, these suites can generate passive income as rental units, especially if they're designed as an in-law apartment with a separate entrance.
They also make excellent guest quarters, offering privacy and comfort to visiting friends and family, a feature increasingly sought after in custom homes.
Your mother-in-law suite can also be used as an office, a music studio, a home gym, or other special interest space. During the design process for your custom home, be sure to tell your design-build team about your goals for this space so they can assist you in creating the best layout with the appropriate features.
The inclusion of a mother-in-law suite in today's custom homes is a testament to the evolving needs of modern families. These spaces offer a perfect blend of privacy, independence, and familial closeness. As families continue to embrace the value of living together across generations, the mother-in-law suite stands out as a practical, valuable addition to any home. If you have more questions about adding a mother-in-law suite to your custom home or are ready to start your custom home journey, contact Chris Gorman Homes to schedule your consultation.
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