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Homesharing: Enhancing Elderly Independence through Support and Companionship

Updated: Aug 1

As our loved ones age, ensuring their well-being, independence, and overall quality of life becomes paramount. Many seniors prefer to age in the comfort of their own homes, surrounded by familiar surroundings and cherished memories. However, concerns regarding safety, loneliness, and the need for support often arise. In recent years, homesharing has emerged as an innovative solution, offering elderly parents the assistance, companionship, and peace of mind they need to prolong their stay in their own homes.

In this blog post, we will explore how homesharing can positively impact the lives of elderly parents, enabling them to maintain a sense of autonomy, social connection, and emotional well-being.

1. A Safe and Supportive Environment

Homesharing provides a safe and supportive environment for elderly parents by matching them with compatible individuals who are seeking affordable housing in exchange for companionship and assistance. These matches are carefully made, considering shared interests, personalities, and lifestyle preferences.

By welcoming a compatible housemate, seniors can enjoy the presence of another person in their home, ensuring immediate assistance in cases of emergency and assistance with daily tasks.

2. Companionship and Reduced Loneliness

Isolation and loneliness are significant concerns for many elderly individuals, leading to a decline in physical and mental health. Homesharing addresses this issue by offering companionship and social interaction. The presence of a housemate provides opportunities for shared activities, conversations, and the development of new friendships. Having someone to talk to, share meals with, or engage in hobbies can significantly enhance emotional well-being and combat feelings of loneliness.

3. Assisted Daily Living

As individuals age, everyday tasks that were once routine can become more challenging. Homesharing offers practical support to elderly parents, ensuring they receive assistance with daily living activities. In a Task Exchange Homeshare, housemates help with grocery shopping, meal preparation, housekeeping, and transportation. By sharing responsibilities, the burden of these tasks is lightened, allowing elderly parents to conserve their energy for activities they enjoy and promoting a greater sense of independence.

4. Enhanced Security

One of the primary concerns for elderly individuals living alone is personal safety. Homesharing can provide an added layer of security through the presence of a housemate. Not only does this deter potential intruders, but it also offers peace of mind, knowing that someone is there to provide immediate assistance in case of an emergency. Furthermore, housemates can keep an eye out for signs of health issues or accidents, ensuring prompt intervention and medical attention if necessary.

5. Cost-Effective Solution

Elderly parents often face financial constraints when seeking assistance and support. Homesharing offers an affordable solution by providing a mutually beneficial arrangement. Housemates typically contribute to shared expenses, such as rent, utilities, and groceries, thereby reducing the financial burden on elderly parents. This cost-effective approach allows seniors to age in place without the need for expensive assisted living facilities or home care services.


Homesharing presents a compelling solution for elderly parents who wish to maintain their independence while receiving the necessary support and companionship. By matching seniors with compatible housemates, this innovative concept offers a safe, supportive, and cost-effective environment where aging individuals can thrive.

From reducing loneliness to providing assistance with daily living activities, homesharing has the potential to enhance the overall well-being and quality of life of elderly parents. As we strive to create inclusive and supportive housing options, homesharing can help empower our loved ones to feel more secure while they age in place.

Still wondering what steps to consider when starting your own homeshare? We're happy to help, and we encourage you to reach out to our experienced team at HomeShare Alliance. We can help you on your search for the ideal housemate to suit your lifestyle.


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