One of the fastest growing areas of construction and remodeling is "aging-in-place" services. A majority of people prefer to stay in their home safely, independently and comfortably throughout their lives. It means the pleasure of living in a familiar environment throughout your maturing years and the ability to enjoy the familiar daily rituals of your life. It means the reassurance of being able to call a house a "home" for a lifetime.
If you're like the majority of Americans over the age of 45, you want to continue living in a familiar environment throughout your maturing years. According to the AARP, older homeowners overwhelmingly prefer to age-in-place.
To age-in-place you will probably need to modify your house as you mature to increase access and maneuverability. These modifications range from the installation of bath and shower grab bars and adjustment of countertop heights to the creation of multifunctional first floor master suites and the installation of private elevators.
It's important for rental property owners to consider modifications for an aging population as well. Active, older baby boomers may prefer to down-size from their large homes to a smaller apartment or home, and may choose to rent rather than buy at this stage of life. A few things to think about with older residents would be: