As San Antonio's housing market continues to evolve, one trend is standing out—multigenerational living. With rising home prices, high mortgage rates, and shifting family dynamics, more households are choosing to live under one roof to share expenses, support each other, and create long-term stability.

According to the National Association of Realtors (NAR), multigenerational homes made up 17% of all purchases between July 2023 and June 2024—a record high. This movement is more than a financial trend; it’s a lifestyle shift driven by practicality, care, and culture.

Why the Shift Toward Multigenerational Homes?

Several factors contribute to this growing trend:

• Economic Considerations: With escalating housing costs and higher mortgage rates, combining resources across generations offers a practical solution. Pooling incomes can make larger, more accommodating homes financially accessible.​

• Caregiving Needs: As the population ages, many families are opting to have elderly parents live with them to provide direct care and support, fostering a nurturing environment for all family members.​

• Cultural Preferences: In many cultures, multigenerational living is a longstanding tradition that emphasizes family unity and support.​

San Antonio's Response to the Trend

San Antonio has recognized this shift and implemented measures to facilitate multigenerational living arrangements:​

• Accessory Dwelling Units (ADUs): In November 2022, the city eased regulations to promote the development of ADUs, commonly known as casitas. These small homes, built on the same lot as a primary residence, serve as ideal spaces for extended family members. Since the regulatory changes, permits for ADUs have increased by nearly 38%, reflecting their growing popularity. ​

• Innovative Home Designs: Builders are introducing floor plans that cater to multigenerational needs, featuring separate living quarters, dual kitchens, and private entrances to ensure both privacy and togetherness.​

Benefits of Multigenerational Living

• Financial Efficiency: Sharing expenses such as mortgage payments, utilities, and groceries can significantly reduce the financial burden on individual family members.​

• Strengthened Family Bonds: Living under one roof fosters closer relationships and provides a support system for all generations.​

• Enhanced Property Value: Homes designed for multigenerational living or those with ADUs may see an increase in property value due to their versatility and appeal.
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Thinking About Multigenerational Living in San Antonio?

Whether you're upsizing to bring family closer, building a casita, or searching for the perfect floor plan—multigenerational homes require a unique strategy. That’s where working with a local expert makes all the difference.

🔑 Let’s talk about how we can find the right space for your family’s next chapter—together.

—
Christopher Beal – Top San Antonio Real Estate Expert
📞 (210) 882-8583
📩 gobealgroup@gmail.com
🌐 www.gobealgroup.com
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