Recent studies from the National Association of Home Builders (NAHB) of permit and demographic data indicates that single-family home building in the first quarter of 2023 is occurring mostly in counties where baby boomers make up a majority of the population.
The baby boomer generation makes up the second largest portion of the American population. This generation, which currently consists of more than 76 million people, is made up of those who were born between 1946 and 1964 and most are either retired or nearing their retirement. All other generations have lost market share by this measure over the same period, with Millennials market share falling from 29.1% to 24.7%, Generation X falling from 4.6% to 4.3% and Generation Z falling from 13.7% to 12.8%. But, what sets the baby boomers apart from the previous generation is the fact that they are highly active, more sophisticated, and more likely than most other generations to be in the market for new homes. As a result, home builders are noticing certain top 8 trends in age in place homes for baby boomers,
1. AGE IN PLACE HOMES
Many people today face changes in their health, lifestyle and family and find it necessary to adapt their home to those changes. Aging parents, working from home, children, and/or a new health challenge could cause a person to wonder how they will function in their existing residence. Longevity Home Solutions will use their experience and knowledge to help you find ways to adapt to changes your home requires from you and all of the members of your family. Age in place homes are designed specifically to be adaptable.
2. FIRST FLOOR BEDROOMS AND BATHROOMS
In addition to wider doors and hallways, baby boomers also want at least one bedroom and a full-sized bathroom on the first floor. This will allow them to remain in their homes even if they lose the mobility to climb the stairs to the upper level of their houses.
3. FLEXIBLE LIVING SPACE
Flexibility is important to the baby boomer generation because they understand that life is always changing. This is why most home buyers of this generation prefer having one or more flexible rooms in their floor plans. This allows the home to accommodate the continually changing needs of its owners.
4. HI-TECH MEDIA CENTERS
Baby boomers have lived through some of the most incredible technological advancements of our time. As a result, this tech-savvy group wants their homes to boast top of the line hi-tech features like premium home theaters, whole house sound systems, home automation technology, advanced security solutions, wireless controls, and more.
5. HOME OFFICES
Many baby boomers look at retirement as just another one of life’s transitions and with more time on their hands, some use this advantage to start their dream businesses. Of course, this means having the space available for getting work done and as a result, the home office is a common request.
6. EXTRA-WIDE DOORS AND HALLWAYS
Baby boomers are active and endlessly optimistic, but they also understand reality. They know that there may come a time in the future when they will need the assistance of a cane, walker, or wheelchair. Therefore, many choose to incorporate extra-wide doors and hallways into their home designs so their homes will be able to support their future needs. This is a very important thing to consider when building your home because this particular aspect of age in place homes is very difficult to adjust for when the home is already built.
7. BIGGER WINDOWS AND IMPROVED LIGHTING
The older the baby boomer generation gets, the more important good lighting throughout their homes will become. That’s why so many baby boomers plan ahead and incorporate larger windows and better lighting than what comes standard in most floor plans
8. EASY-TO-MAINTAIN LANDSCAPES
As the baby boom generation ages, they’ll gradually become less able to keep up with their landscapes and their homes’ exteriors. To help keep maintenance needs to a minimum, many home buyers of this generation choose low-maintenance home exteriors like stucco, vinyl siding, or brick. And, they replace large portions of their lawn with living patios or low-maintenance decorative landscaping.
See also Adapt Your Home for Life
See also Extending Your Home With ADUS
LONGEVITY HOME SOLUTIONS understands that starting the process of home improvements can be daunting and often plagued with unavoidable delays, but when it comes to safety at home, we believe time is of the essence! Our team are masters at project management and we will get your project done efficiently and as quickly as possible. If you need help to make your home more adaptable, no matter what the reason may be, CONTACT US.