That spare room on the main floor. The finished basement with a kitchenette and separate entrance. The bonus room you’ve been using for storage.

To you, it may simply feel like extra space. But for a growing group of buyers, those features can make your home stand out - and potentially command a higher price.

Why? Multi-generational living is becoming more common.

Millions of Families Are Living Multi-Generationally

The number of multi-generational households is growing. These are homes where three or more generations live under one roof.

According to Realtor.com, the number of families living in multi-generational households grew from 3.2 million to 3.9 million between 2014 and 2024.

And as more families live together, more buyers are looking for homes that can comfortably accommodate everyone.

The demand varies across the country, but multi-generational living is more common in some areas than others.

Depending on where you live, the pool of buyers looking for a home like yours could be larger than you realize.

And with affordability still a major consideration for buyers, a home that allows multiple generations to live comfortably under one roof can offer something a standard home may not.

If your home has the right features, that could put it in a particularly desirable position when it’s time to sell.

Multi-Generational Homes Can Sell at a Premium

That extra space can carry real value with the right buyer.

According to Realtor.com, the median list price for a multi-generational home in 2025 was $709,000 - about 65% higher than the $429,900 median for a standard home.

Of course, part of that difference comes down to size. But even when comparing homes with the same amount of square footage, multi-generational properties still commanded more: $262 per square foot compared with $215.

That represents a 22% premium for features that can make a home more functional for multiple generations.

Features such as in-law suites, second kitchens, and separate entrances can make a meaningful difference to buyers searching for this type of flexibility.

When you sell, highlighting these features strategically can help your home connect with the buyers who value them most.

Buyers Are Looking for These Homes

A higher price doesn’t necessarily mean buyers are turning away.

According to the same Realtor.com report, multi-generational homes received 13.5% more online views than standard homes and still sold in about 59 days.

That tells us something important: buyers aren’t just noticing these homes - they’re actively looking for them.

When a home offers something specific that buyers need, it can stand out in a crowded market.

Think Beyond Square Footage

If your home has flexible spaces that could work for multiple generations, don’t overlook their value.

A finished lower level, a private bedroom and bath, a separate entrance, or a second kitchen may be more than just additional features. For the right buyer, they can solve a very real lifestyle need.

At the Price Group, we look beyond the basics when helping homeowners prepare to sell. Understanding which features are most valuable to today’s buyers - and how to position them - can make all the difference.

If you’re wondering what your home could command in today’s market, we’d be happy to help you understand its value and where its unique features can give it an edge.