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As assisted living costs continue to rise, many aging Canadians are choosing to live with their grown children. It’s an affordable option and contributes to a senior’s emotional well-being by allowing him/her to be surrounded by family. Rather than inhabiting the spare bedroom, these retirees are moving into private In-Law-Suites. Sometimes called a granny suite or a multigenerational unit, an In-Law- Suite is a small apartment (usually 300 to 700 square feet) located in a private home for the purpose of housing an aging family member. These living quarters allow aging parents to reside with their children while maintaining a modicum of privacy and independence. Your basement is the perfect location for an In-Law-Suite! Basement space is often underutilized and the costs for renovating a basement are approximately half that of building an above-grade addition. If you have aging parents that would benefit from the consistent presence and support of their family, a basement In-Law-Suite may be right for you.
There are many things to bear in mind when planning and developing a multigenerational unit in your basement.
With good planning and an experienced contractor, you can create a second residence in your basement that will assist your aging parents and add value to your home. When no longer needed, it will easily transition into a home office, guest quarters, a rental suite or a space for that 20 something offspring that is between graduation and the first job.
To transform your basement into a safe, comfortable In-Law-Suite, trust the Calgary basement experts, Econo Basements. Call them at (403) 768-0256 or email info@econobasements.ca.