Bernie Stephan, Eco Realty - Downsizing Your Home for Retirement

you shouldn’t make concessions on, and if a home doesn’t meet all your needs, it’s time to move on. In addition to the obvious needs of a home, such as a good, solid roof, a strong foundation and structure, and working systems, you’ll need to think about: • Minimum and maximum number of bedrooms (remember, you’re moving into a smaller space, but you still might wish to host family members, grandchildren for sleepovers, and out-of-town guests) • Minimum and maximum number of bathrooms • Garage, for small houses and if you have a vehicle • Stairs/levels: Many seniors prefer one-level homes as they age so they don’t have to worry about stairs in case there are any mobility or health issues; also, trips or falls down the stairs (and potential injuries as a result) become more of a risk for seniors • Yard (size, fenced-in, etc.), patio, deck, garage—these are some features that are needs from some buyers who are downsizing; for others, they are just wants; and for still others, they’re on neither list, because they’re not going to be a priority in the next stage of their lives So, it’s your job to really consider what you need in your next home, and then write those non-negotiable items down.

FIGURE OUT WHAT YOU WANT

After you’ve established what your needs are in terms of your new home, regardless of which type of dwelling you choose to live out this next season of your life, and put them down on paper, it’s time to think about what you want.

105

Powered by