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Larger, More Accessible Homes Increase in Demand by Homeowners Preparing to Age-In-Place

Monday, June 29, 2015  



Larger, More Accessible Homes Increase in Demand by Homeowners Preparing to Age-In-Place

Residential architects report robust business conditions

 

 

Des Moines, Iowa – June 29, 2015 – As the housing market continues its recovery, homeowners are gradually seeking increased square footage while simultaneously looking for more accessibility inside and outside of the home.  These findings are from the American Institute of Architects (AIA) Home Design Trends Survey for the first quarter of 2015, which focuses specifically on overall home layout and the use of interior and exterior space.

 

All of the data can be accessed through this infographic.

 

“We are seeing an increase in demand for more square footage as well as accessible design options. This points to a population that wants to stay in their homes into retirement years, or that sees a future need to take care of aging relatives,” said AIA Iowa Executive Director, Jessica Reinert, Hon. AIA Iowa, CAE, IOM. “Homeowners are also investing more in outdoor living spaces to increase quality of life.”

 

The survey further demonstrates gains across all major housing sectors, except for new construction.  “The lag in new construction in conjunction with the increase in remodeling is another indication of homeowners who want to age at home,” said Reinert.


Residential elements (% of respondents that reported increases)

2015

2014

 

 

 

In-home accessibility

70%

65%

Access in/out of home

59%

55%

Informal space

56%

52%

Open space layout

61%

50%

Single-floor plan

46%

47%

Volume

26%

28%

Square footage

20%

15%

Lot size

2%

3%

% of firms reporting “increasing” activity for that characteristic; Q1 2015

 

Outdoor living and landscaping trends

Residential elements (% of respondents that reported increases)

2015

2014

 

 

 

Outdoor living space

72%

69%

Low irrigation landscaping

61%

60%

Blended indoor / outdoor living

58%

56%

Outdoor features

21%

16%

Exterior / security lighting

36%

36%

% of firms reporting “increasing” activity for that characteristic; Q1 2015

Housing market business conditions

AIA Home Design Survey Index for Q1 2015 (any score above 50 is positive)

  • Billings: 66
  • Inquiries for new projects: 73

 

“The market is showing steady progress and stabilization, as illustrated by the survey,” Reinert added. “Residential architecture firms and the industry as a whole are showing steady improvements.”

 

Specific residential segments*

2015

2014

 

 

 

Kitchen and bath remodeling

57

57

Remodeling additions / alterations

61

59

Custom / luxury home market

33

29

Move-up homes

30

27

Townhouse / condo market

15

15

First-time buyer / affordable home market

9

5

Second / vacation home market

1

-9

% of respondents reporting sector “improving” minus % reporting “weakening”; Q1 2015

About the AIA Home Design Trends Survey

The AIA Home Design Trend Survey is conducted quarterly with a panel of more than 500 architecture firms that concentrate their practice in the residential sector.  Residential architects are design leaders in shaping how homes function, look, and integrate into communities and this survey helps to identify emerging trends in the housing marketplace.  Business conditions are also monitored on a quarterly basis.  Future surveys will focus on specialty rooms and systems (September 2015), community design trends (December 2015) and kitchen and bath trends (February2016).

 

About The American Institute of Architects
Founded in 1857, the American Institute of Architects consistently works to create more valuable, healthy, secure, and sustainable buildings, neighborhoods, and communities. Through nearly 300 state and local chapters, the AIA advocates for public policies that promote economic vitality and public wellbeing. Members adhere to a code of ethics and conduct to ensure the highest professional standards. The AIA provides members with tools and resources to assist them in their careers and business as well as engaging civic and government leaders and the public to find solutions to pressing issues facing our communities, institutions, nation and world. Visit www.aia.org.


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