A mother-daughter suite is a great way to have family living on your property while simultaneously staying stress-free, independent, and having your privacy. In fact, building a mother-daughter suite has benefits for both parties involved and can make living easier on everyone. More and more people find family members moving in with them or anticipate such an event in the future. The following are some reasons why building a mother-daughter suite can be beneficial.
Saving Money:
A mother-daughter suite can provide financial benefits for both you and your relatives. As your family members get older and retire, they can often be faced with a significant financial burden. Retirement pay may not be enough to meet the expenses of living, while others may be left with the weight of finances after a loved one passes on. Combining incomes to uphold one household could be the solution to these financial problems.
Caring for a Loved One:
Most people are uncomfortable with the thought of putting their loved ones in a nursing home. Concerns range from not being able to visit often, that family members may become lonely, or that maybe they aren’t receiving the proper care. By building a mother-daughter suite, you can have the peace of mind that your loved ones are safe, comfortable and close by.
Increase the Value of Your Home:
Having a mother-daughter suite is a current market trend in today’s buying and selling world. Because of the benefits offered, building a mother-daughter suite can make the value of your house rise and increase your profit if you plan on selling your home. A mother-daughter suite can be appealing to buyers today because of the looming notion of a “baby boomer” generation nearing retirement and knowledge of the current expense involved with assisted living and nursing homes.
Don’t Forget Your Kids:
Not only is a mother-daughter suite a great idea for older relatives, but as the name implies, your children can benefit as well. It is not uncommon for the younger family members to move back home these days, especially after a divorce, the loss of a job, or simply graduating from college and needing a place to stay until they can become self sufficient. Building a mother-daughter suite can give peace of mind that, should any of these life situations arise, your son or daughter can have an affordable housing option and the peace and privacy they may require.
Center Island Contracting’s general contractor team has assisted homeowners in building mother-daughter suites all over Long Island, New York. Our general contractor team can guide you in creating the perfect design to fit your needs. For more information about mother-daughter suite construction, call us today at 631-465-9765.
