As you age, you may wonder if your current home is suitable for aging in place. But before you make the decision to renovate or move to an accessible home, consider the pros and cons. Our blog explores the benefits and challenges of both options so you can make an informed decision that ensures your safety, comfort, and happiness.
As we age, it’s natural to start thinking about our future living arrangements. For many of us, that means looking at our current homes and wondering if they suit Aging-in-Place. Unfortunately, for some of us, the answer is a resounding “no.”
If you’re in the same boat, you’re probably feeling overwhelmed by the sheer amount of work needed to make your current home safe and accessible. Maybe you must install grab bars in the bathroom or widen doors to accommodate a wheelchair. You may need to replace your outdated heating and cooling system or add a stairlift to make getting up and down your stairs easier.
Whatever the case, you’re probably starting to feel like starting fresh with a new home would be easier. After all, there are plenty of accessible homes on the market these days that are designed specifically for seniors who want to age in place with confidence and independence.
But before you start packing up your things and calling the realtor, take a step back and really think about what you’re giving up by moving. Sure, a new home may be easier in some ways, but it’s also a huge upheaval. You’ll need to say goodbye to your neighbors and community, and you may have to adjust to a new city or state. Plus, a new home can be expensive, and you’ll likely need to take out a mortgage or dip into your retirement savings to make it happen.
On the other hand, if you stay in your current home and make the necessary modifications, you can remain in the place you know and love. You’ll still be close to your friends and family, and you’ll be able to maintain your established routine. Plus, if you can pay for the modifications outright, you won’t have to take on any new debt.
So, what’s the answer? Ultimately, only you can decide whether renovating your current home or moving to a new one is the right choice for you. But before you make any big decisions, it’s important to weigh the pros and cons and talk to your loved ones and trusted professionals. Remember, your home is where you should feel safe, comfortable, and happy, no matter your life stage.
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