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Ramps, grab bars, and wider door openings are lifesavers for elderly people, especially those with limited mobility, who want to remain in their homes as they age.

MarketWatch lists some tips for homeowners who want to remodel their properties as they age in place. When it comes to readjusting the floor plan, no-step entrances and bedrooms and bathrooms on the first floor are important. Many people opt for upgrades such as lever-style doorknobs, walk-in showers, and chair lifts that attach to a staircase.

Of the more than 25 million households of people age 65 and older, about 44% need some sort of accessibility feature because of disability or other challenges, according to the Joint Center report.

Age-in-place renovations may negatively affect the resale value of a home, because buyers may have to undo all the customized features of the previous homeowner.

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