Most Homes Not Ready for Aging in Place, HIRI Study Reveals

During the past 20 years, the percentage of older adults living in traditional housing has increased, which means that more and more homeowners are looking for ways to remain safe, comfortable, and independent in their homes for as long as possible, according to the Aging in Place study released by the Home Improvement Research Institute.

Additionally, the HIRI study notes that the U.S. Census Bureau estimates that around 90% of U.S. homes are not “aging-ready,” which means there is ample opportunity within the remodeling sector to address this gap.

A few more “fast facts” from their study:

• 28% of households with older adults reported difficulty using some aspect of their home.
• 37% of homeowners who completed an aging-in-place remodel spent between $5,000 and $24,999
• 42% of aging-in-place modifications were the result of declining physical health vs. a recent or sudden medical event.
• 53% of aging-in-place updates involved bathroom modifications. Top mods included adding grab bars, creating a barrier-free shower, and installing toilets with a higher seat.