by Matt Zielenski
March 29, 2018
The US features a large—and growing—population of older Americans who want to remain in their homes as they age. While a significant number of these senior citizens remain active and fit well into their “golden years,” they will still take measures to make their homes more suitable for daily living. These homeowners will play a key role in supporting increases in spending on kitchen and bathroom remodeling projects as they:
Adding a bathroom is among the more common home improvement projects for older Americans. Homeowners unwilling or unable to navigate stairs will often add one or more bathrooms—such as one on every floor of a house—to make their homes more senior-friendly. As more and more homeowners add bathrooms, bathroom remodeling spending will receive a significant boost due to:
In addition to installing new bathrooms, older Americans are also increasingly choosing to renovate their existing bathrooms. It is often less expensive and time-consuming to remodel a bathroom than to add a new one. Furthermore, in many cases, an older bathroom can easily be made more suitable for use by a senior citizen, such as by:
Remodeling kitchens can also play an important role in creating a senior-friendly home, given the amount of time spent in a kitchen preparing and serving meals and hosting gatherings of family and friends.
Ways a kitchen can be remodeled to be more senior friendly include:
For more information about the US home kitchen and bathroom remodeling market, check out The Freedonia Group's new study Home Kitchen and Bathroom Remodeling in the US.
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