Flex Your Muscle
By on Jan 04, 2008
While it may be a new concept to many
homebuyers, FlexHousing offers a number
of clear benefits for those looking to buyor build a home and for those looking ahead to when
it's time to sell.
Buying a FlexHouse is like buying many homes
in one. With features such as rooms that can be easilyreconfigured or pre-designed for external additions,
FlexHouses give the ability to create a home that'sright for families for today and tomorrow, but without
the trouble or expense that conventional renovationscan bring.
Accessibility is another key FlexHousing advantage. As
family or individual needs change over time, features suchas grab bars in the bathroom or stairlifts for better
vertical access can be added easily and inexpensively. Inaddition to ensuring continued comfort and safety, these
small changes can go a long way towards helping seniorsor those with impaired mobility stay independent in their
own homes longer.
However, improved accessibility isn't just an advantage
for people who require it. Everyone benefits from living in
a home built with enhanced accessibility in mind. Forexample, an entry without steps is equally convenient for
someone with a walker or wheelchair, a parent pushinga baby carriage, or anyone struggling with an armful of
groceries. Level entries, wider doorways, and leverhandles likewise simplify daily household activities,
making life easier and more convenient.
Homebuyers will also appreciate the safety issues that
are a core consideration in the design of a FlexHouse.
From non-slip flooring and the layout of stairs andlandings to the strategic placement of exterior lights,
pre-wiring for alarm systems, or installation of reliablelocks, the attention to detail that a FlexHouse provides
makes homeowners feel protected and secure.Finally, another fundamental principle of the
FlexHousing concept is affordability. As might beexpected, the initial cost of a FlexHouse is slightly higher
than the price of a conventional home of similar style andsize. However, a FlexHouse has a number of short- and
long-term advantages that easily pay for the extra upfrontinvestment many times over.
By creating a liveable space for an elderly parent to join
the family or to take care of a preschool child, for instance,FlexHouses can reduce the cost of child care when
compared to traditional daycare costs. Creating ahome-based office will not only save on office rent,
parking, and other costs, but will also reduce the timespent commuting to and from work each day.
By incorporating features such as the provision of extra
doors and windows, adequate closet space, wiring,
lighting, and plumbing fixtures in advance, the costs offuture renovations in a FlexHouse are dramatically
reduced.Plus, because a FlexHouse is more adaptable andless costly to renovate than a conventional home,
FlexHouse owners can enlarge or reconfigure their homesas their needs or wants change.
In addition to allowing homeowners to enjoy their
home and community for as long as they choose tolive there, FlexHouses can also save an average of
$20,000 per move in real estate agent fees, legalfees, building inspector fees, moving costs, and
redecorating costs alone.
For more information or a free copy of CMHC's
FlexHousing Pocket Planner, please visit our website at
www.cmhc.ca or call toll-free at 1-800-668-2642.
Mark Salerno is district manager for the GTA at the
Canada Mortgage and Housing Corporation. For over 60
agency and a source of objective, reliable housing
expertise.