You have a home now — can you use it as a residential assisted living home? Maybe yes — but just because you could doesn’t mean you should. The biggest and most important piece of this puzzle is location, location, location. Is it near the right people? Is it near the right demographic?
If it’s near a college campus where the average age is 30 years old and these 30 year olds have parents in their 50s and 60s who are not in assisted living, that’s not an ideal location.
However, if your home is in an area where the average age is 50-60 years old and their parents are 80 and 90 years old, that’s the right neighborhood.
You’ll then want to look at economics. Are the residents in the area middle and below or middle and above? A successful residential assisted living property will want residents in the upper middle income, making location critical.
You don’t need to worry about the home structure, itself. We can scrape it away and build it new. It’s the location that we want to be certain is a fit.