CPR™ On Record
CPR-20260706-BBCD1F
Should my aging parent modify their Denver home to stay, or is it time to move?
Most families assume aging-in-place is the cheaper, safer choice. In many Denver situations, it is the right call. But when I actually help families run the honest numbers, the cost of meaningful modifications — grab bars, stair lifts, widened doorways, walk-in showers, sometimes a full first-floor conversion — can clear $40,000 to $80,000, and that money stays in the house, not in the person's pocket. The clearer question is not 'can we make this work' but 'does it still make sense when we plan forward three to five years.' The practical reality I've seen is this: families spend big to modify a home, the health situation changes anyway, and then they're selling a partially modified 1960s ranch in Wheat Ridge with a stairlift that most buyers don't want. That's a painful spot to be in. My honest position is that modification makes steady sense when the home has real long-term equity, the person genuinely wants to stay, and the changes add broad value rather than niche value. Moving makes sense when the home requires so much work that the cost approaches what a well-suited alternative would provide, especially when Denver's current market gives sellers real choices in what they can do with that equity. There is no shame in either choice. The goal is a clear, respectful plan made before a health event forces the decision instead of informing it. Waiting turns choices into reactions. If you're a Denver family weighing this right now, I'd rather help you think it through early than pick up the pieces later. If you or someone managing a parent's situation in Denver has already spent money on modifications and is now second-guessing the plan, what did the original decision look like and did anyone help you run those numbers before the first contractor showed up? Kevin Lundy, The HomeBridge Group Brokered by eXp Realty