For many seniors, living well means living comfortably at home. As people age, however, physical challenges can make it hard to get around the house. One solution is to remodel the space to accommodate these challenges.
A major home remodel can cost thousands of dollars. But it’s often less costly than senior living alternatives. A basic unit in an assisted living facility, for example, runs about $43,000 a year, according to the latest Cost of Care survey from Genworth Financial.