Michele Buckman has put together some videos discussing the current DC market and what the future may hold for the real estate market in the Washington DC area.
With the recent state of the United States housing market I have been actively pursuing homes that are compatible with the needs of the elderly and aging. Within the not-so-distant future millions of baby boomers will be retiring and not all will welcome the idea of joining an assisted living facility. From most of the individuals I talk to many would either like to remain in their own homes or find homes fit their needs. For those homes that do have traits that would appeal to the aging, you may find that the resale value of your home will increase and that the ease of selling will be worth the extra expense tagged on to the remodeling job.
For those who are unfamiliar with the term again in place let me clarify. Aging in place means building or remodeling a home so that individuals, usually of the 55 + age, can stay in their home comfortably, safely and independently as they get older, regardless of any physical challenges.
For those homeowners who are currently having issues selling their homes in this recession, making your home "aging friendly" may be your ticket to finally sealing the deal. Remodeling jobs such as larger faucet handles, safer tubs, wider doors, and maintenance free yards are all traits that may be appealing for an aging couple. Whether you live in Washington DC proper or the outskirts of the city such as Chevy Chase, Maryland there are additions and subtractions that can be made to your home to increase its likelihood to sell. Aging remodeling is just one option. Check back in to my site and blog for further articles about aging in place.