AUSTIN, TX — A majority of surveyed homeowners report that they plan to explore aging-in-place projects for themselves or someone they love in the current year, a new survey has found.
According to the survey of more than 4,000 homeowners, conducted by Austin, TX-based Modernize.com, the findings reflect a steady rise in interest for aging-in-place projects compared to recent years.
“This study shows that many homeowners are forward-thinking as they prepare to remain in their homes for as long as possible,” said Cassie Morien, director of strategy and homeowner insights for Modernize Home Services, an online service that connects homeowners with residential remodelers and other home-improvement professionals.
Of the homeowners who expect to pursue aging-in-place projects, 38% have lived in their home for more than 20 years, while about 62% have lived in their home for 20 years or less, according to Modernize.
80.5% of the homeowners surveyed say they plan to remodel part, if not all, of their bathroom during the installation of a walk-in tub, Modernize said. Other planned upgrades include the addition of medical alerts (13%), shower seats (12%), non-slip flooring (9%), grab handles (8%) and wider hallways (3%), the company reported.