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Field Survey Methodology: Elderly Living

Following is a synopsis of the components typically included within a Danter Company field survey for elderly living development:

Site Inspection

Each proposed site is personally inspected by a Danter Company field analyst. The site is inspected for the suitability for development as it relates to the market. A full area description is included identifying surrounding land uses, as well as proximity to area resident services.

Effective Market Area (EMA)

The EMA, the smallest area from which the project will draw 60% to 70% of its support, is identified for the subject site. Mobility patterns affecting development at the subject site, natural and manmade boundaries that affect mobility, and area perceptions affecting the site are all identified.

100% Field Survey of Elderly Living Facilities

A 100% field survey is conducted to identify area elderly living facilities (independent living, congregate care, assisted-living, and nursing homes, depending on the type of study being conducted) to identify the following, presented in comparative chart form for each project surveyed:

  • Type of facility
  • Number of units/unit mix
  • Rents/monthly fees
  • Vacancies
  • Year opened/converted
  • Endowments (if applicable)
  • Unit amenities
  • Project amenities/services
  • Utilities
  • Service charges/additional fees
  • Refund policies
  • Square footage of rooms/units

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