Buying Real Estate for the Long-Term

It’s pretty much understood that we won’t see the kinds of appreciation in property values that we’ve seen in the last decade. Not any time soon. So using the equity in your home to buy up–take the profits and move to “bigger and better”– is a thing of the past for many homeowners. New homes are trending smaller as homeowners and buyers scale down their wants/needs in challenging economic times. So maybe it’s time for many buyers to think about buying for the longer term. (Of course, I’m not talking about first-time buyers here who may not be at a life or employment or financial moment to think like this).

Home Design Focused on Aging In Place

Any home can be viewed in terms of it’s utility for people across the life cycle. Buying a home that has features that make it attractive and useful for “aging in place” or renovating an existing space to accommodate the needs of individuals, couples and families over time–this is a trend that has legs.

Universal Home Design

Universal design is not about grab bars and wheelchair accessibility.  Not at all.  Not any more.  Home design is about considering all of the kinds of lifestyle options that any individual or family will potentially address over the course of their home ownership. Alterations need no longer resemble a hospital room.  On the contrary. Here’s a bathroom design that has everything these owners will require to “age in place”, yet it has a design aesthetic that is truly timeless.  The key is to create normal-looking spaces–as comfortable for a parent carrying a child on his/her hip as for an older person requiring safe surfaces, level entryways and functional work spaces.  In this kitchen, all family members can be accommodated in a warm and welcoming space.

Creative Approaches for Buying, Selling or Designing your Home

When you combine this kind of thinking with green principles and sustainable design–you have a property that will be appealing to a wider pool of home buyers and that will create value in the bargain. It’s a good strategy when you’re looking for a home or when you begin to consider renovation. In these times a creative approach to home ownership is vital. Contact us for an introduction to our innovative services as you buy, sell,  or design your next home.