Universal Designed Homes: Social Value and Economic Benefits

Abstract

This paper examines the social value and economic benefits of Universal Design (UD) Homes, with a focus on assessing the potential financial savings arising in various areas of expenditure due to investment in UD Homes. Investment in the provision of UD Homes can result in a win-win outcome, leading to improved quality of life and more cost-effective forms of investment. UD Homes are found to be particularly cost-effective in the context of age friendly housing due to the potential to reduce the need for costlier forms of long-term residential care and the avoidance of injurious falls.