"Aging in Place" is Important to Today's Buyers

Prospective buyers looking to downsize or retire are becoming more and more concerned about the layout of their home and whether or not it will allow them to "Age in place."

Aging in place is the idea that the property you live in allows you to remain in your home as your health changes with age. If you live in a home that was built with this in mind you can continue to live there safely and independently as you grow older. The three biggest concerns for older home owners are the entry to the home, stairs, and safety and accessibility in the bathroom.

The thought of age hindering a person's ability to live comfortably and confidently in their home is unnerving and can easily be avoided if home owners properly prepare. Common amenities in homes that cater to an older demographic are first floor master suites, maintenance free living, and proximity to public transportation and hospitals. Seniors also look for added storage because in many cases they're downsizing to the home they retire in. Open floor plans and outdoor living spaces are also extremely popular among these buyers.

When it comes to purchasing property in the current market, smart buyers are looking to hold on to their property for many years in order to gain as much equity as possible. By properly preparing to age in place, prospective buyers can be assured they will have the opportunity to enjoy their home for many years to come.