There comes a point in everyone's lives when they need to consider how their elderly parents will be taken care of. If you are at this stage in your life, you may be considering renovating your home to build an in-law suite for your elderly parents. This is a typical reaction after someone learns what the average monthly costs of long-term care are.
According to longtermcare.gov, a 1-bedroom apartment in an assisted living facility averaged $3,293 per month, and a semi-private room in a nursing home averaged $6,235 per month.
With these statistics, it's no wonder that 80% of the elderly in long-term care are being cared for by their family members. Here are a few important things to consider.
Initial costs may seem high, but it's a good investment
Renovating your home to build an in-law suite may seem overwhelming, but it may actually help you increase the value of your home. According to the U.S. Administration on Aging, there will be 72.1 million people aged 65 and older by the year 2030.
When you consider that 80% of them may be taken care of by family members (based on current trends), that's a lot of people who will need in-law suites in the future, which will increase your home's resale value.
The location of the in-law suite is important
Ideally, the location of the in-law suite should be easy for those with mobility problems to get to. An in-law suite on the second floor or in the basement may not be ideal unless, perhaps, you install an elevator.
If possible, an addition built onto your home may present the least amount of challenges during and after construction.
Another option may be to build a separate structure on your property. This will help your elderly parents feel a bit more independent, but it may make things more difficult for you to take care of them, especially when they become gravely ill.
Build an in-law suite with all the necessary amenities
When building the in-law suite, it's important to build it for the needs your elderly parents will likely have in the future, even if they don't have those particular needs now.
Mobility issues can make it difficult for your parents to pick up their feet when they walk. For this reason, make sure the thresholds are flush instead of raised. Also, the doors and hallways should be extra-wide to accommodate a wheelchair.
With advancements in technology, an electrician can install helpful amenities such as automated drapes and an intercom system connected to the main living areas of your home.
Install handicapped-accessible bathroom features for additional comfort
It's always a good idea to install handicapped-accessible features in the bathroom. The accessories should be easy for arthritic hands to maneuver, especially the knobs for the sink, shower and tub.
Consider installing a heated towel rack and a radiant heat flooring to help your elderly parents keep warm while they use the bathroom facilities. Many elderly find the cold hard to take.
Install a point-of-service water heater specifically for the bathroom in the in-law suite. That way, the hot water in the in-law suite can be regulated to the exact temperature your elderly parents prefer.
Also, a separate water heater will help reduce the risks of having the shower or tub water suddenly turn cold or hot when someone else in the home runs a faucet or flushes a toilet. Since these installations can get technical, you should hire a professional to do the job for you. Try visiting http://www.centralplumbingspec.com to learn more about what services such as installing bathroom fixtures will cost.
Remember, the time and money you spend to renovate your home or build an addition will pay off in the long run. Not only will it help your elderly parent save money, it can raise your property value and increase your ability to sell in the future. And, it can keep your family closer together.