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My parents are in the same house they bought in 1968. They are talking now about putting an addition on it so they can grow old in it. First floor bedroom and bathroom, etc. My dad retires this year.
My wife and I have been in our house for 11 years, and we plan to stay here at least 20 more years. May live here forever.
We're talking about putting an addition on ours, but I'm not sure we have enough $$ to swing it. Have to look into loans/refinancing and see if it's doable without changing our lifestyle or extending the term of the loan too much.
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