WICHITA — In an effort to attract more interest at the Oaks in Derby, residential and commercial developer Bill Lusk is debuting a new concept there this spring.
“He charged me with the task of figuring out how we can get some fresh traffic down there,” says Scott Shanks, Lusk’s sales manager for residential communities.
“We needed some way to get (real estate agents) to say, ‘Hey, I’ll come down there and look at your community and look at your concept.’”
Shanks came from Denver where he says he was part of an initiative to help families with multigenerational residential needs, such as baby boomers who are helping care for elderly parents.
The concept is “designed basically to be a home within a home,” Shanks says. “So from the street it looks like any other home.”
Inside, there’s a traditional entry into the home with a family room, kitchen, master bath and laundry. Then down the hall, where secondary bedrooms usually would be, there’s a door that opens to a kitchenette, family room, another large bedroom with a bathroom, a laundry room and a one-car garage with a private entrance, meaning whoever lives in the second area never has to go through the main house.
There are several floor plans from which to choose. The spaces will be separately heated and cooled.
“So a person could basically function like it’s their own home,” Shanks says, “ … without it totally interrupting the privacy of the family.”
He says families can finance homes together.
Shanks calls it “a solution that’s never been offered” in this area previously.
He says agents are telling him, “I have buyers right now who are dying to find something like this.”
“We anticipate even more of a response than we initially expected to get.”
Shanks says he’s been trying to keep plans under wraps to avoid competition. He’s going to have a model home in time for the Parade of Homes in April.
Prices will range from from the upper 200,000s to the low 400,000s.
“We tried to get the whole spectrum,” Shanks says.
He says the state’s PACE program, which assists the elderly who remain in their homes, made the multigenerational living concept a more attractive option.
“We’re kind of getting a sense that there’s kind of a pent-up demand,” Shanks says. “We don’t know how big, but there’s definitely a real need for this type of solution.”