“Location, Location, Location” (Again)

With assisted living costs soaring, more families are looking for homes that can accommodate one (or more) older parents.

Which is prompting at least some multi-generation stairsBuyers to seek out homes with what Realtors call “Mother-in-law” units:  self-contained living quarters — under the same roof — that typically include a (nicer) Bedroom and full Bath, a 2nd Kitchen, and sometimes even a private entrance.

I’m working with such a client now, and unfortunately, the MLS listings touting such second units don’t measure up.

Stairway to Heaven

The biggest shortcoming?

A basement or 3rd floor location that requires the elderly relative(s) to navigate one (or more) sets of stairs.

Even when the second unit is on the first floor, it is often too far removed from the front door or garage — again exacerbating mobility issues.

Other problems:  less than state-of-the art Kitchens (more like glorified wet bars), and Baths that need (serious) updating.

None of which is to say that such spaces aren’t useful or don’t have potential.

But, they’re more suited to a home office or teenage kids than older parents.

P.S.:  I wouldn’t call it a trend — they’re still VERY expensive — but I’m seeing more (upper bracket) homes with elevators.

Suffice to say, it’s easier to include that in new construction than to retrofit an existing home.

About the author

Ross Kaplan has 19+ years experience selling real estate all over the Twin Cities. He is also a 12-time consecutive "Super Real Estate Agent," as determined by Mpls. - St. Paul Magazine and Twin Cities Business Magazine. Prior to becoming a Realtor, Ross was an attorney (corporate law), CPA, and entrepreneur. He holds an economics degree from Stanford.
1 Response
  1. Man, there are so many problems with MLS listings when it comes to accessory units. #1 is that they have so many names… mother in law units, ADUs, etc. So if you are just searching for “in law unit” you won’t find many.

    #2 is the way buyers as agents are confused about the legality of the units. I’ve seen fully permitted units get downplayed by the agent, and illegal ones get touted.

    As far as meeting the needs of the aging, you’re right, the attic unit is more likely to be occupied by a student. Elevators aren’t the answer. IMHO garage conversions offer much better opportunity for creating “accessible” accessory units for older people… they are already at ground level and often big enough for a modest dwelling.

    Good luck-

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