Single Family Home, Multi-Generation Living A home elevator doesn’t come cheap. But, neither does assisted living. Assuming that a nursing home costs $10k a month, the pay-back period for an in-home elevator — around $40k to install in new construction, substantially more to retrofit an existing home — can be as short as 4 months. Which is why...Read More
“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 Buyers 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)...Read More
