home, they are easy enough to replace, even though it will come at a cost. Some homeowners who are downsizing would like to keep a small private yard so they can continue their passion for gardening (this would work with a small single-family home or townhouse), which could be a need or a want; still others entering their senior years definitely need their new home to not have a yard for them to worry about maintaining and landscaping (this would definitely be a need, and choosing a condo, apartment, or community living would better suit these individuals). But everyone is different, and this is important to keep in mind when you’re creating your list of needs and wants.
Key Takeaway:
If you choose to purchase your next home for downsizing, whether it’s a small house, a townhouse, a condo, or apartment, you should first understand that everyone’s home-search experience is different. The home-search process in downsizing also begins with picturing your ideal home for this next stage of your life, and then creating a list of your needs (the non- negotiables) as well as your wants (the “nice-to-haves”).
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