Considering multigenerational housing? You're joining a growing trend. 

Recently, 14% of homebuyers were looking for homes that could house multiple generations. This choice isn't just a matter of preference and desire for family togetherness; it's driven by practical needs and shifting family dynamics. 

Here’s a peek into why both first-time and repeat buyers are choosing these homes:

1) Financial advantages for first-time buyers.
A significant 28% of first-time buyers opt for multigenerational homes to afford larger properties, pooling multiple incomes to make this viable.

2) Space for extended family & adult children.
About 23% of first-time buyers need space for adult relatives or children over 18 who haven't moved out. Additionally, 12% are accommodating 'boomerang' children who return home after living independently.

3) Caring for aging parents.
Among repeat buyers, 30% are looking for homes that facilitate caring for elderly parents. This reflects what I believe is a growing sense of obligation toward elder care in family settings.

These figures highlight a significant shift towards homes that support extended family living under one roof. If you're considering this type of home for your unique family needs, I'm here to guide you through the options and find the perfect fit. 

Let’s connect and start exploring your options in today’s real estate landscape!

Source: All in the Family: Multi-Generational Home Buying

Experts: Multigenerational Housing Needs More Support November 15, 2023

Revealing today what sellers say *actually* helped them sell their homes for top dollar.

1) A slight under-market list price. 

It feels counterintuitive, but sellers willing to list their homes just under market value tell me they’ve been handsomely rewarded. Competitively priced homes typically ignite bidding wars, resulting in a selling price far exceeding the initial listing.

2) Next-level cleanliness.

My crazy successful sellers typically choose to invest in professional cleaning services. Imagine walking into a home where the scents are fresh, surfaces gleam, and carpets feel like they've never been stepped on. A few hundred bucks can transform your home into a canvas where buyers can paint their future lives.

3) Multiple rounds of decluttering. 

We're not talking about tidying up; we're talking about a ruthless purge. If you've lived in your home for years, what seems normal to you might look like clutter to potential buyers. Sometimes, it takes a few rounds to strip back to the essentials, ensuring your home is show-ready and inviting.

Need a hand or more insights? I'm just a message away. Let's sell your home for maximum profit!

Your home has been there for you throughout the year, and now it's time to show it some love before the new year begins. Here's a step-by-step guide tailored for both buyers and sellers in Burlington, Ontario, ensuring your space is not only organized but also appealing to potential buyers.

1. Pre-Holiday Toy Cleanout: Before the festive season and the influx of gifts, go through your children's old toys that no longer see playtime. Consider donating them to a local thrift store or charity. This not only declutters your home but also gives back to the community.

2. Daily Declutter Challenge: Take on the task of decluttering one drawer, closet, or cabinet every day. Set a timer for 15 minutes and witness the transformation. Dispose of or donate items like old magazines, manuals, electronics, unused clothes, and expired medications. This incremental approach makes the process manageable for both buyers and sellers on the move.

3. Kitchen Clean-Up: Streamline your kitchen by eliminating dishes and utensils you rarely use. Follow the rule of doubling the number of sets based on your household size. Additionally, do a thorough check of your fridge and pantry, bidding farewell to forgotten items. This step not only improves functionality but also enhances the appeal of your home for potential buyers.

4. Home Decor Downsizing: Dust off and declutter unused home decor items. If they've been sitting around collecting dust, consider passing them on or selling them online. This not only refreshes your living space but also creates a more attractive environment for potential buyers.

5. Storage Area Organization: Address all storage areas, from the basement to the attic. Employ labels and bins to keep items organized and easily accessible. This step is crucial for sellers looking to present a well-organized home to potential buyers.

If you find the decluttering process overwhelming, I collaborate with excellent home organizers who can provide the support you need. Feel free to reach out with your home organization needs. Moreover, if you have any real estate questions or need advice, I'm here to assist you in navigating the Burlington housing market. Let's start 2024 with a fresh and organized home!