Multigenerational Home Upgrades: Should You Renovate or Buy a New Multigen House?

Multigenerational Home Upgrades: Should You Renovate or Buy a New Multigen House?

As more families choose to live together across generations—grandparents, parents, and kids under one roof—multigenerational (multigen) living has become one of the top housing trends in Colorado and beyond. But when it’s time to make the move, should you buy a brand-new multigen home… or upgrade your current one?


At TrustWork Home Renovations, we help Colorado families create beautifully functional homes tailored to multigenerational living. In this guide, we’ll explore the pros, cons, and costs of both options—so you can make the right decision for your family and your budget.


What Is a Multigenerational Household?


A multigen household typically includes three or more generations living under one roof. This setup can:


Lower the cost of living per person

Allow for shared caregiving (childcare or elder care)

Strengthen family relationships

Support aging-in-place goals


Option 1: Buying a Multigenerational Home


What It Offers:

Homes built for multigenerational living often feature:

  • Separate entrances or in-law suites
  • Additional kitchenettes or bathrooms
  • Larger square footage
  • Zoned HVAC systems for comfort and privacy


Average Cost in Colorado (2025):

Multigen-specific homes are still niche in the market. If you can find one, expect to pay:


$700,000–$1M+ in the Denver metro area

Competitive bidding and limited inventory

Higher down payments and property taxes


Pros:

  • Ready-made for separation and privacy
  • Modern finishes and systems
  • Can accommodate very large families


Cons:

  • Limited availability
  • May require lifestyle compromises (commute, school district, etc.)
  • Higher upfront cost


Option 2: Renovating Your Current Home for Multigen Living


What It Offers:

Custom renovations can turn your existing home into a multigenerational haven by adding or upgrading:

  • Basement or garage apartment suites
  • Additional bathrooms or a second kitchen
  • Soundproofing and private entrances
  • Accessibility upgrades (walk-in showers, ramps, wider doorways)


Average Cost (2025):


Renovation Type 
                  Average Cost       


Basement ADU Conversion: $75,000–$150,000

Garage Conversion/In-Law Suite: $60,000–$120,000 

Additional Bathroom/Kitchenette: $20,000–$40,000 

Accessibility Upgrades: $10,000–$25,000 


Pros:

  • Stay in the neighborhood you love
  • Custom design for your family’s needs
  • Lower cost than buying new
  • Adds long-term resale value


Cons:

  • Construction timeline and disruption
  • Permit process can vary by city
  • Requires existing space or lot size



Which Is More Cost-Effective?


Renovating your current home often saves $100,000 or more compared to purchasing a brand-new multigenerational home—especially when you factor in moving costs, closing fees, and the current housing market.


Plus, with TrustWork Home Renovations, your remodel is completely custom—designed to meet your family's unique needs, whether that's creating privacy for grandparents, space for teens, or flexibility for working parents.


Let’s Build a Home That Works for Everyone


Whether you're looking to add a private suite, convert a basement, or make your home more accessible for aging family members, TrustWork Home Renovations brings experience, compassion, and craftsmanship to every project.


Serving Colorado families since 2022, we specialize in turning single-family homes into multi-generational sanctuaries.


Ready to Get Started?


Let’s make space for what matters most—family.


About Trustwork Home Renovations

Trustwork Home Renovations is a premier home renovation company serving Arvada, Boulder, Broomfield, Erie, Lafayette, Longmont, Louisville, Superior, Thornton, Westminster, and surrounding areas near the Denver Metro. We specialize in kitchen remodels, bathroom renovations, basement finishing, and full home transformations. Our skilled team provides all of the services needed for interior remodeling including electrical, plumbing, carpentry, painting, tiling, drywall, and finishing. With a 5-star rating and a 100% satisfaction guarantee, we are committed to delivering top-quality service with speed and integrity.

July 22, 2025
Why Your Home Deserves Attention: Creating a Space That Works for You
July 8, 2025
When you think about renovating your home, you might picture dust, noise, and weeks of chaos—but it doesn’t have to be that way. Some of the most impactful changes we make for our clients are small, simple upgrades that breathe new life into a space. You don’t need a full-scale renovation to love where you live.
June 18, 2025
From full remodels to small fixes, TrustWork Home Renovations offers reliable handyman services in Colorado. We're your trusted partner for every home improvement project.
May 21, 2025
Looking to remodel your home in Colorado? Learn what to expect, how to choose the right general contractor, and how to avoid costly mistakes with expert-backed advice.
May 5, 2025
Planning a home renovation in Colorado? Discover 10 expert-backed tips for a smoother remodel, including how to choose the right team, manage budget, and avoid surprises.
April 22, 2025
Transform Your Colorado Home: Tips from a General Contractor
April 4, 2025
Refresh Your Colorado Home This Spring with Trustwork Home Renovations
March 26, 2025
Project Spotlight: Bathroom Remodel in Arvada, Colorado
March 12, 2025
Bathrooms are more than a place to brush your teeth and wash your hands. Whether it’s a primary bathroom where you are getting ready for the day or unwinding at night, or a powder room for friends and family to use when they visit, bathrooms are a place for comfort, functionality, and aesthetic appeal. Like every area of a home, bathrooms need updates to keep your home comfortable and looking its best. Renovations are no small undertaking and homeowners expect a result that is stunning and will last for many years to come. That’s why it’s important to work with a general contractor to create a design that aligns with modern trends as well as your personal style and preferences. Bathroom and Bathroom Renovation Trends in 2025: Showers Many homeowners are swapping out their bathtubs to make space for large showers. They don’t use their bathtubs due to lack of time juggling family life and work or just personal preference. Luxurious shower features, such as multiple shower heads and wall jets that are controlled independently are growing in popularity. Sleek and clear designs are in so a lot of clients are opting for showers with curbless entries and frameless glass enclosures. Tile is still by far the most dominant material for showers due to its durability and the multitude of style and color options available. Freestanding tubs For bath lovers who can’t bring themselves to eliminate their tub, the trend is to opt for freestanding tubs that take us less floor space thus still allowing for a bigger shower while also maintaining a modern look. Many homeowners replace their built-in, bulky jet tub with a sleek, contemporary freestanding tub. Patterns/Colors If you read our blog on kitchen renovation trends , you know that light, understated paint colors are in. Paint colors such as grays and sometimes greens are the primary selections we’ve been seeing for bathroom renovations due to their elegant and relaxing nature. Although grays remain the predominant choice, that doesn’t mean the design is plain and boring. Using different tiling patterns on showers and floors while staying within the same color palette is one way many clients create some contrast and uniqueness while maintaining a modern, simple look and feel. Flooring Tile and luxury vinyl plank (LVP) flooring remain the most popular choices for bathroom floors.LVP is a great choice for any bathroom, but especially for homeowners with children and/or pets. It is also a very popular choice for rental property owners who are looking for ways to minimize maintenance costs. Heated floors are also gaining popularity, especially with Colorado’s cold winter weather. Storage Lack of storage is a major pain point we hear from clients so new linen closets and large vanities that have plenty of drawers are now a higher priority with homeowners. In the past, vanities, sinks, and countertops had to be installed separately; however, high-quality all-in-one vanities that reduce installation costs are now readily available.. Although grays and whites are still the dominant colors for paint, natural wood colors are trending for bathroom vanities and cabinets. Finishes & Fixtures It’s the little things that make a big difference when it comes to renovations. That’s why homeowners have been opting for luxurious details, from heated towel bars to fancy remote controlled bidet toilets to awning style windows that allow homeowners to enjoy the Colorado weather while getting ready for the day. Details such as black towel bars and matching door hinges paired with lighter coloring throughout bathrooms, help make the design pop. However, finishes are not limited to black, bronze/black hues, brush nickel, and high-quality gold fixtures are making a comeback. Preferences change over time and cause shifts in home renovation trends. Consumers are valuing functionality AND style when it comes to home projects. Lighter, brighter designs bring a fresh new look into homes that occupants can enjoy for years to come. Looking to upgrade your bathroom with a top-tier renovation in the Denver metro area? Reach out for a complimentary design consultation at 720-695-8876 or service@trustworkhome.com. About Trustwork Home Renovations Trustwork Home Renovations is a premier home renovation company serving Arvada, Boulder, Broomfield, Erie, Lafayette, Longmont, Louisville, Superior, Thornton, Westminster, and surrounding areas near the Denver Metro. From kitchen, bath, and living space renovations to electrical, plumbing, carpentry, painting, tiling, and drywall work, Trustwork is your one-stop shop for home renovations and professional handyman services. With a 100% satisfaction guarantee and 5 star rating we are committed to delivering top-tier service with speed and integrity. Learn more at https://www.trustworkhome.com/ .
February 20, 2025
Project Spotlight: Kitchen Renovation in Arvada, Colorado