Modernize Homeowner Insights: Independent Living Survey Reveals Surging Interest in Home Safety Projects
04 Mars 2024 - 5:24PM
Business Wire
Modernize Home Services, the leading home services marketing
platform, unveils compelling insights from its latest Independent
Living and Accessibility survey. The survey of nearly 11,000
consumers, spanning trades such as solar, stairlifts, medical
alerts, flooring, windows, roofing, HVAC, and bathrooms, shows
homeowners prioritizing their safety, comfort, and concern for
their aging loved ones.
The survey results should be helpful to homeowners seeking
information about the range of improvements that can be undertaken
to remain safe in their homes. They can also be valuable to
contractors who need insights into projected demand for projects
that support individuals facing physical limitations.
Important Home Safety and Accessibility Survey
Findings
In our most recent survey, 68.16% of homeowners expressed a
heightened interest in exploring independent living for themselves
in the next 12 months. This year, 8.18% of respondents indicated an
interest in pursuing an accessibility project for a loved one who
plans to age in place; this is a shift from 5% the previous year.
Additional survey highlights include:
- 46.85% plan to remodel the entire bathroom when installing a
walk-in tub
- 46.47% express interest in walk-in tub costs and financing a
project
- 29.13% have established a budget for independent living
improvements (while 70.87% have not set a budget)
- 16.57% plan to explore walk-in tubs
- 16.57% will consider non-slip flooring for safety
improvements
Of those surveyed, 36.44% report living in their current home
for more than 20 years, with another 18.7% living in their existing
home for between 11-20 years. Please review the independent living
and accessibility survey trends summary, and click on the link to
access the full report.
"The recent surge in interest for independent living and
accessibility projects indicates a strong desire among homeowners
to ensure safety and comfort for themselves and older family
members,” observes Cassie Morien, director of strategy for
Modernize. “Our survey data details the types of aging-in-place
projects homeowners want to pursue and how those projects are
prioritized by consumers today.”
Morien is available to delve into the complete survey findings
and provide expert commentary on consumer preferences for specific
home improvements to enhance safety, whether for themselves or
their older relatives. She can also offer insights into the
implications of these survey findings for home improvement
contractors.
About Modernize Home Services
For more than 18 years, Modernize has been a leader in the home
improvement and services industry, connecting homeowners with
contractors and other home services professionals. Modernize
operates in more than 17 high-value, high-consideration home
segments, including new and replacement windows, solar
installation, roofing, heating and air conditioning, siding,
bathrooms, kitchens, new and replacement gutters, home security,
and others. The business brings a network of more than 1,000
contractors and professionals across all segments, offering broad
geographical coverage and choice for homeowners.
Modernize Home Services is owned and operated by QuinStreet,
Inc. (Nasdaq: QNST), a leader in providing performance marketplace
technologies and services to the financial services and home
services industries. QuinStreet is a pioneer in delivering online
marketplace solutions to match searchers with brands in digital
media. The company is committed to providing consumers with the
information and tools to research, find, and select the products
and brands that meet their needs.
Consumer-facing social platforms
X: https://twitter.com/Modernize Facebook:
https://www.facebook.com/modernizehome Instagram:
https://www.instagram.com/modernizehome/
Trade-facing social platforms
X: https://twitter.com/ModernizePros Facebook:
https://www.facebook.com/ModernizePros LinkedIn:
https://www.linkedin.com/company/modernize/ Youtube:
https://www.youtube.com/@ModernizeHome Apple Podcasts:
https://podcasts.apple.com/us/podcast/built-better/id1530034646
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240304983981/en/
Jacqueline Leppla Sr. Director of Brand Marketing and Reputation
Management jleppla@quinstreet.com 650-578-7609
QuinStreet (NASDAQ:QNST)
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