NPR highlights Aging at Home

FullLife staff

National Public Radio (NPR) has aired a report on "aging at home" (link: http://www.npr.org/templates/story/story.php?storyId=129085934).  Homebuilders see a big market for a building concept called universal design.  The approach allows homeowners to stay at home even if they develop physical limitations.  The trick is making them beautiful enough that no one suspects they're meant for seniors.

How will this impact home values?  Will people be willing to pay more for these accommodations?

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Comments (1)

Patrick Ward
Patrick Ward
I heard Dr. Jeff Goldsmith, a professor from U.VA and a noted health futurist, call the large homes that have been so popular McMansions. He commented that they might make good group homes for Seniors. They are big enough, and with a little outfitting, they could accommodate four or five seniors and house supervision if necessary. I think the concern is that the homes we are currently living in are not easy to sell. This will could ultimately trap us in our own homes. The demographics don't give me much hope either. The generation coming up after us, who would be the logical group to buy our homes, is much smaller. So we end up with a diminished demand, lower selling price, and increased cost for new construction. It is a great idea, but a tough sell. A friend of mine was saying that his Mom was staying with him, and she didn't want to go back to her very nice retirement community. When asked why, she said that she hated to go down to dinner every day and hear about which neighbor or friend had died that week. I think that we need to develop the universal design concept in age diverse communities rather than in developments that concentrate seniors. Of course, we still have to see if we can afford universal design in any setting.