Services: Replacement home

When you are ready to sell your house and downsize, determining your replacement home is really the very important first step. Where will you live? What will your lifestyle be? How big will your replacement home be? What furniture and things will you need to take with you?

Over the years, senior clients we’ve worked with in the past have decided on the following types of replacement homes as being the best for them,

Buy a condominium or townhome locally or out-of-state.
Buy a smaller ranch-style home locally or out-of-state.
Buy a condominium, townhome or ranch-style home in a 55+ community locally or out-of-state.
Rent an apartment in a senior independent, assisted, or memory care living community locally or out-of-state.
Rent an apartment locally or out-of-state.
Rent a smaller house locally or out-of-state.
Move in with an adult child, locally or out-of-state.
Move in with a relative, locally or out-of-state.
Purchase and move into a recreational vehicle to travel full-time around the country.
Rent a local city or state subsidized senior apartment.

In determining your replacement home, some important considerations to include are,

What is the location? Is it close to family, social activities, grocery stores, healthcare
services?
Is the home affordable for you today and in the long run?
Is the home low maintenance and easy for you to manage year-round?
Does the home meet your lifestyle needs? Does it support you aging- in-place safely and comfortably?
Does the home provide you with meals, transportation, social activities, connection to people?
Is the home comfortable? Does it bring you joy and improve your quality of life?
Does the home have a waiting list to move-in or can you move-in right away?
Can the home accommodate you as you age and need more assistance?

Depending on your current and anticipated needs in the future, it is best to think long-term about your replacement home. How will it meet your housing budget? Will it serve you over time? Will it allow you to live a safe life, facilitate a high quality of life and bring you joy! If you need help, guidance or resources to buy or secure your replacement home, whatever or whenever it is, give Mimi a call. She has excellent resources to help steer you in the right direction!