For Aging Homeowners, Elevators Give Luxury Properties a Major Lift

by anastasiakaufman-chime-me

Baby boomers especially have home elevators ‘high on their list’

By Lia PicardApril 26, 2023 5:00 pm ET

This home in Wrightsville Beach, N.C., has an elevator and is listed at $10.49 million. LANDMARK SOTHEBY’S INTERNATIONAL REALTY

In 2020, Russell Franchi’s clients liked many features of a beach home in South Walton County, Fla., but it was missing one thing: an elevator. The clients, who had limited mobility, considered retrofitting an elevator, but ultimately walked away from the deal before finding a house that already had one installed. “We have a lot of baby boomers that are retiring, and it’s just something that a lot of clients looking for homes starting around $3 million think about, or have it high on their list,” said Mr. Franchi, a real-estate agent with Scenic Sotheby’s International Realty in Santa Rosa Beach, Fla…. READ MORE>>>https://www.wsj.com/articles/for-aging-homeowners-elevators-give-luxury-properties-a-major-lift-d236184f?st=i7qb0dzokg8oc2w&mod=e2fbrlst&fbclid=IwAR04EPjYTiEV1JWVfKbMkgNprEjcDzAQH7SnZ75W4CkC3O_uiNeAn9uaaVI

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