Designing for the Future: Home Improvements for Aging in Place

According to a 2024 Generational Divides in Homeownership Report by Leaf Home and Morning Consult, a significant portion of baby boomers, approximately 55%, express a desire to age in place without any plans to relocate. The primary reasons cited for staying in their current homes include a lack of necessity to move, proximity to family and the high cost of relocation.

However, a notable concern arises as 68% of these baby boomers live in houses that are 30 years old or older, with many having undergone no renovations and showing no intention to do so, as revealed in the report. Among those residing in their homes for over 25 years, 85% have no intentions of incorporating safety or accessibility features, 83% have no plans to replace the furnace or air conditioner, 80% will not upgrade roofing or siding, and 67% are not considering updating large appliances. This pattern results in these homes essentially becoming time capsules, presenting challenges for both the current residents and potential future buyers. Leaf Home’s CEO, Jon Bostock, states, “The housing market is caught in a generational tug-of-war.”

The consequence is evident as these homes lack essential safety and accessibility features, burdening future buyers with the responsibility of renovating these outdated properties. Bostock warns that this oversight may lead to a crisis overwhelming the home improvement industry and straining the budgets of inheriting millennials, ultimately impacting the housing market.

To address this issue, the 2024 U.S. Houzz Kitchen Trends Study emphasizes the importance of designing homes with longevity in mind, particularly accommodating the future needs of aging household members. The study found that 52% of homeowners anticipate special needs arising within the next five years, with 27% renovating their kitchens specifically for aging-in-place reasons.

Respondents implementing aging-in-place renovations focused on universal design elements such as pullout cabinets (58%), extra lighting (54%), and wide drawer pulls (48%). Other modifications to facilitate aging in place include:

• Nonslip floors (37%),
• Rounded countertops (34%)
• Wheelchair-accessible doorways/pathways (22%)
• Lower fixtures (14%)
• Lower countertop height (5%)

Bottom Line

There is an increasing trend among baby boomers to age in place, presenting a potential challenge for both the current residents and future buyers. With a substantial portion of these homes lacking essential safety and accessibility features, there is a pressing need for proactive renovations. As we navigate this evolving landscape, it becomes crucial for homeowners to proactively address the aging infrastructure to ensure a seamless transition for future generations. For expert guidance on enhancing your home’s safety and value, give us a call at 509-703-8187 or fill out the form below. Secure your home’s future and contribute to a resilient housing market.

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