As families grow and society changes, multigenerational homes are becoming more popular.

Grandparents are moving in to be closer to children and help look after grandchildren, young adults are living at home longer and aging parents need extra love and care. According to an article by, nearly one in five Americans are now living in a multigenerational household, considered a household with two or more adult generations. This is a level that hasn’t been seen in the U.S. since the 1950s.

A recent report from the National Association of Realtors’ 2017 Profile of Home Buyers and Sellers states that 13 percent of home buyers purchased multigenerational homes last year.

The top three reasons for purchasing a multigenerational home were:
  1. To take care of aging parents
  2. Cost savings
  3. Children over the age of 18 looking to move back home

At The Dragas Companies, we recognize that every buyer’s lifestyle is different and that each family requires unique living situations. That’s why we offer popular plans such as the Wedgewood, which is featured at Halstead at Spence Crossing and priced from $399,900. The Wedgewood design is the largest in the Halstead community with approximately 2,700 square feet of living space and identical master suites on the first and second floor. This layout gives families the opportunity to live together, but also independently. The plan features open-concept living with a dining room in the middle of the home between the living area and the kitchen, making it the perfect gathering spot. Each master suite ensures the privacy and space needed for couples. A first-floor bedroom with a full bath is the perfect escape for elderly parents or visiting guests. Halstead at Spence Crossing is located in the active and thriving Virginia Beach, offering not only a convenient location, but amazing amenities as well. Homeowners and their families can enjoy a large resort-style pool and community center, along with private community lakes, a central lakeside pavilion, parks, walkways and recreation areas.

For more information about our Spence Crossing, Halstead model Wedgewood floorplan, call our onsite agents at 757-282-1163.