Solely 56% {of professional} remodelers undertake initiatives designed to permit householders to Age-in-Place (AIP), in accordance with outcomes from NAHB’s Q1 2025 Reworking Market Index (RMI) survey. That is the bottom share recorded since NAHB started periodically asking AIP questions on its RMI survey in 2004. Financial uncertainty and excessive rates of interest over the previous 12 months are the most definitely explanations for this slight pullback in initiatives. Moreover, inventory market volatility has dampened any potential wealth results, particularly since over 75% of all company equities and mutual fund holdings are held by these 55 or older.
The Nationwide Institute of Getting older defines AIP as “staying in your individual house as you become older.” This idea is turning into extra related as the general median age of the inhabitants continues to extend. Given the age of the present housing inventory, the necessity to replace properties for AIP is a serious demand-driver for the transforming sector.
Age Teams
When requested in regards to the age teams of householders who request AIP work, 73% of remodelers indicated that householders are 65 years or older, adopted by 55 to 64 years at 61%. These two age teams have persistently been above 60% because the This fall 2010 survey.
Familiarity with Getting older-in-Place
Ninety-six p.c of remodelers indicated that almost all or a few of their customers are aware of the AIP idea. That share has been no less than 90% because the This fall 2018 survey.
Sort of Getting older-in-Place Tasks
Seize bars stay the commonest AIP venture, with 87% of remodelers reporting this job within the final 12 months, adopted by curb-less bathe (78%), putting in larger bogs (71%), and widening doorways (52%). Whereas their relative rating has modified, these 4 have persistently been the AIP venture sorts most frequently cited by remodelers.
Frequency of Getting older-in-Place Requests
Seventy-three p.c of remodelers indicated that requests for AIP options have considerably or considerably elevated over the previous 5 years. This determine has not modified a lot because the inception of the sequence in 2004, starting from 72% to 77%.
Causes for Getting older-in-Place Work
As for the explanation why prospects are endeavor AIP initiatives, 91% of remodelers acknowledged that prospects are planning forward for future wants, adopted by residing with older mother and father (48%) and acute age-related disabilities (43%).
Who’s Requesting Getting older-in-Place Work?
Sixty-five p.c of remodelers indicated {that a} majority of their AIP work was decided by the consumer, whereas the opposite 35% mentioned it was principally recommended by the contractor. The ‘decided by consumer’ choice has persistently been above 50 p.c.
Receptive to Getting older-in-Place Modifications
When requested how receptive potential purchasers are to incorporating recommended AIP modifications, 48% indicated that their prospects had been very receptive and 51% had been considerably receptive, with solely 2% acknowledged that prospects had been by no means receptive to those modifications. The mixed share of potential purchasers being receptive (‘very receptive’ + ‘considerably receptive’) has persistently been above 95%.
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