Multigenerational homes gain popularity as practical living solutions

The concept of multigenerational housing is gaining traction in New England, offering a solution for families seeking to live together while maintaining privacy. Jay Noble and his wife, Lauren, were looking for a two-family home to accommodate Jay's mother near their 3-year-old son. They found the prices in the Boston metro area prohibitive, with old constructions costing around $2 million. Their search led them to Nadeau Village in Hudson, NH, where the median list price is significantly lower than Boston's.

Nadeau Village offers 15 units of multigenerational housing developed by Etchstone Properties. Each unit consists of two homes connected by a doorway but maintains independence with separate entrances and utilities. David Petropulos from Etchstone noted that these homes are attracting buyers from various locations due to their unique design and practicality.

The homes come in two designs: the $1.2 million Charlotte and the $1.4 million Taylor, both featuring a larger main house and an attached smaller unit. "Why buy a multigenerational home? Those with elderly parents, adult children still at home, or just looking for added income are in need of a home like this," states the development’s listings.

Joe and Jennifer Reale moved into one such home with their son and daughter-in-law to be closer to family in Massachusetts and access better healthcare services. The arrangement provides privacy while allowing families to support each other financially and emotionally.

Realtor.com analyst Hannah Jones highlights that teaming up with family members can be a creative solution in today's high-priced housing market. Although only 0.23% of homes listed as "multigenerational" in 2024, this share has been increasing over recent years.

Living arrangements like these require clear communication about expectations and future plans. Joe Reale advises potential buyers to discuss financial responsibilities and long-term care plans before committing to such an arrangement.

###