As young adult buyers come into their own in their careers and shedding college debt, they’re not bringing with them the same pre-conceptions about homes as previous generations did. Baby boomers are also thinking about living in place longer; sizing their budgets for the future and seriously considering maintenance requirements as they age.
Specifically, they are both abandoning preconceived notions of home size for features and application, looking more towards access to community amenities from their homes to complement those amenities within.
Connectivity – to neighborhoods, outdoors, food, health, and social networks – is the new square footage.
In the 2018 National Association of Realtors study, homebuyers listed the quality of the neighborhood, convenience to jobs, and overall home affordability as the most important factors when choosing a home location. Digging deeper, they also noted convenience to shopping, schools, entertainment/leisure activities, parks/recreational facilities, airport, public transportation, and health care as key influencers in their choice of a home.
Considering the desire by many individuals to be in a residential area that has access to amenities, government services, health/wellness, entertainment, and has a quasi-urban feel, the 2021 ADU Idea House scores high.
More notably, it is uniquely situated in a prime location in the growing City of Roseville, a regional hub for healthcare, shopping, and entertainment.
In our minds, Roseville is an example of one of the United States’ best small to mid-sized cities. CNN thought so, in their Best Places to Live Study of 2008, Roseville was first ranked 90th in the List of Top 100. Since then, it continues to get more attractive as a living destination, consistently ranking highly in niche publications and reports.
In the past few years, Roseville was ranked:
In our experience, most Concept Homes are typically focused on the home itself. Often, they are built in master-planned or new developments. Those, while notable, are primarily larger, newly established, and evolving neighborhoods. They do not necessarily incorporate the rich history and amenities of connected and established communities. They also are not the reality for most homebuyers and consumers with considerations of affordability, HOA fees, and other cost consideration.
More importantly, though, they don’t provide insight into considerations and the selection of neighborhoods, government services, or social amenities that are important to each of us as we live in a community. Homes aren’t just shelter, and redefining thoughts about your dwelling carries over to elements outside your home and property.
Yes, home buyers have always asked about neighborhood safety and schools, but homeowners today (especially baby boomers and millennials) who are looking to do more with smaller and more multi-functional spaces are looking at community in a whole new way.
One of the reasons we are evolving thought to view and emphasize community as an amenity itself – just as you would a feature and function in your home or yard.
The 2021 ADU Idea Home site was specifically selected for both the city and its unique neighborhood location. One that specifically serves to provide insights and an example of what homebuyers should reflect on themselves in a community when seeking to purchase their next home.
Mid Century Mod ADU in Sunny San Diego 380 sq.ft. Private Modern Attached One Bedroom…
Contemporary Attached Cottage in Palo Alto, CA 227 sq.ft. Cozy Contemporary Attached ADU This cozy…
Cash-Out Refinance What it is: From the point that a person buys a house, they will…
Finding ADU Software to Build the Perfect ADU The accessory dwelling unit market has blossomed…
Renovation Loan What it is: A renovation loan allows homeowners to get a loan for their…
The Ins and Outs of ADU Financing Accessory Dwelling Units (ADUs) have been gaining in…