Talk Up Age-in-Place Home Possibilities

March 25, 2016

As the population ages, the demand for age-in-place home features is growing. The population of Americans 65 and older is estimated to rise to 73 million by 2030, according to U.S. Census Bureau data.

As such, more home owners may be looking for ways to adapt their home as they age or how to adapt a home they move into. Contractors say they’ve already seen a boom in this side of their business. You may want to add some to your network to assist clients in seeing the possibilities.

According to a recent study by HomeAdvisor, “Aging in Place Survey Report,” the following top five universal design projects were reported by repair contractors:

  • Adding grab bars in the home, such as the bathroom or bedroom.
  • Adding a ramp to the home’s entrance
  • Widening doorways
  • Adding a bathroom on the home’s first floor
  • Adding lever handles on the doors.

What’s more, contractors say home automation is growing in popularity with the aging population, such as all-in-one remote controls and smart phone apps that control temperature, light, and other elements of the home.

Home owners aren't waiting until retirement to make age-in-place renovations. Fifty-six percent of survey respondents who had used a contractor for aging-specific projects were under the age of 65.

Source: “Aging-in-Place Options Most Popular with Baby Boomers,” The Washington Post (March 14, 2016)