Market for Aging-in-Place Remodeling Goes Mainstream

February 22, 2012

The market for aging-in-place remodeling continues to grow as more homeowners choose to remain in their homes as they age, according to the National Association of Home Builders (NAHB).

Nine out of 10 people age 50 and older say they want to remain in their homes and communities for as long as possible. “As the first baby boomers turn 65 this year, NAHB Certified Aging-In-Place Specialists (CAPS) professionals in remodeling and other industries are providing the expertise these families need to stay in their homes safely and in style,” said Scott Sevon, CAPS, GMR, GMB, CGP, 2012 chair of the CAPS Board of Governors and a remodeler from Palatine, IL. “This generation is typically healthier and wealthier than previous generations of similar age and expects their homes to reflect their active, independent and upscale lifestyles.”

Since the creation of the CAPS designation program 10 years ago, the aging-in-place market continues to grow as families plan to age in their homes or address acute needs. While the majority of CAPS consumers are 55-64 years of age, remodelers report that 23 percent of clients are younger (45-54 years of age) and are planning ahead to age-in-place.

The CAPS program was launched by NAHB in partnership with AARP, the NAHB Research Center and the NAHB 50+ Housing Council in 2002. In 2011, NAHB introduced a new course, Universal Design/Build, that focuses on integrated home design features and product specifications that account for client differences due to circumstance, physical characteristics, health issues and aging.
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