Imagine waking up in your dream home, sipping your morning coffee in a sunny breakfast nook while reading the newspaper. You decide to prepare lunch at your kitchen island, and even if you run out of bread, it’s no big deal because the grocery store is just a few blocks away.When friends and family come to visit, they all gather in your spacious living room or on the back patio, and there’s always enough room for their coats in the closet. It’s all perfect because you designed it that way!
Does this sound like a dream come true?
For many buyers over the age of 55, this dream can indeed come true. Somewhere between the age of 55 and retirement, many find themselves thinking about moving to a new home. Maybe your kids have grown up and moved out, or perhaps your current home doesn’t quite suit your lifestyle anymore. When it’s time to find a new place to call home, more and more folks in your age group are choosing to build custom homes.
So, why is this happening? And why might a custom home be just the thing for you as you enter your golden years?
Why Custom Homes Are a Great Fit for 55+ Home Buyers
Most 55+ buyers have been homeowners before and by now, they know exactly what they want in a home. Lauren McKinney, a realtor at Judd Builders in Arden, N.C., says that buyers at this stage in life may feel more financially stable, so they know what they want and they can afford it. Building a custom home lets you start with a “blank canvas” says McKinney. Buyers get to build their dream by having control over the design from top to bottom.
Aging In Place
McKinney lists some of the most popular features a custom builder can work with buyers on: Zero-step entrances, wheelchair accessible doorways, handicap-friendly bathrooms, and technology to make it easier to turn lights and devices on and off.
No Need for Remodeling
Instead of paying to remodel an existing home, many 55+ and retired buyers are opting to build a new custom home. Francine DiFilippo Kent, a certified appraiser and 68-year old homeowner in Florida says that replacement costs for things like windows, roofs, bathrooms, and kitchens quickly deterred her from modifying an existing home.
Customize Your Floor Plan
Sunroom, reading room, breakfast nook, man cave or craft room – whatever it is you’re looking for, you can have it when you build custom. DiFilippo Kent and her partner had very specific needs and wants for their new home, such as wider hallways, a covered breezeway, and a library that could double as a guest room. The “cookie cutter” design of many homes they looked at didn’t have all the right features.
Possibility for a Smaller Home
Many production homes are built with the young and growing family in mind. For people who don’t fit that life stage, the average existing home size is often too large. With a custom home, you can build whatever size footprint the lot allows, big or small, based on what you really need.
Choose Ideal Amenities
High ceilings, natural light, security features, covered outdoor spaces, energy-efficient technology, and storage space are some of the most common requests of the 55+ crowd. Location is also an important factor, as these folks demand a safe neighborhood with lots of amenities nearby.
In the end, this buyer demographic is happy when they don’t have to settle for something that’s not everything they want. You don’t have to settle either, build custom!
Rebecca Rosenberg is a freelance copywriter, digital media strategist and world traveler. After working in marketing for some of Austin’s most beloved brands, Rebecca started her own business and left Texas behind to travel the world. You can find her currently bumming around Europe. Often flying solo, she has visited over 35 countries and lived abroad in four. In addition to being a digital nomad, Rebecca is an avid hiker, design enthusiast and certified plant nerd. She speaks English, Spanish, German and Korean.