without moving into senior housing or retirement community.
Living in close proximity to your neighbors means there is ample opportunity to meet new people—and even try new activities. You can easily walk down the hall to drop by and say hello, catch up over a cup of tea, play a game of cards, go out for a nice stroll, or take up a new leisurely activity together. Nearby neighbors can be a valuable resource for pet care, plant watering, and emergencies.
5. You can take advantage of amenities.
Many condo and apartment communities offer hotel-style amenities such as pools, gyms, clubhouses, and social or recreation spaces. More upscale buildings may also include rooftop terraces, outdoor kitchens, libraries, or concierge services. These amenities are especially appealing to downsizers seeking a relaxed, low-maintenance lifestyle with a touch of luxury. These amenities may be included in the rent or covered through a condo’s HOA fee. Before you buy or sign a lease, it’s important to confirm whether there are any additional costs and to verify that the amenities are regularly maintained. Be sure to research which condos or apartments within your budget offer amenities that truly align with your lifestyle.
6. You can save money on “things.”
By downsizing to a condo or an apartment, you can save money by avoiding unnecessary purchases. Simply put, having less space means you’ll be less inclined to accumulate stuff. You will naturally make more intentional decisions, focusing on what’s needed and what makes sense, rather than buying impulsively.
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