Are you an “empty nester” wondering why you need all that square footage? As the Baby Boomer generation ages, many home owners are considering making a move to a smaller home. Especially since the housing market appears to be stabilizing and home sales are picking up. A smaller home means less maintenance and more time to travel, pursue a new hobby or spend time with family.
If you’re ready to make a move, here are some downsizing tips:
- Have a plan.Think about what kind of lifestyle you want. Do you prefer an urban or coastal setting? Do you need a yard? Do you want to be part of a community that offers lots of activities and amenities such as golf courses and swimming pools? Or are you a more independent type who seeks out opportunities on your own? This is where a Senior Real Estate Specialist (SRES) can help filter the options. If you’ve raised your family in the beaches area and don’t want to leave, Senior Real Estate Specialist Marsha Keller, recommends looking at some of the new neighborhoods and existing neighborhoods near the coast. These neighborhoods can provide a active lifestyle while convenient to all your favorite shops, restaurants and friends.