Extended Family Homes


Production builders might want to start reviewing their popular floor plans to make sure they can accommodate today’s biggest demographic trend. U.S. Census Bureau data projects the over-65 population growing from 47 million in 2015 to 71 million by 2030, and most older people who answered a 2016 HomeAdvisor survey said they wanted to stay at home for as long as possible. Often, this means living with adult children. As builders, how do you ensure your products serve seniors yet appeal to young buyers? We found interesting perspectives from an active adult developer and a custom builder specializing in multigenerational homes. Last year, Diane and Adrian Jacob, developers with backgrounds in real estate and commercial startups, broke ground on a Conroe, Texas, active adult community. They expect up to 100 sales in 2019 and attribute that growth in part to thoughtful design. They’re using floor plans drawn by Epcon Communities, a…

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