Will your home age gracefully with you, or will it turn out to be a burden through your “golden years?” Here are some helpful tips to determine if your home and neighborhood will still serve you as you reach retirement age.
I often hear from clients who are worried about their parents (or themselves) when it comes to living in their home through their retirement years. There are lots of reasons why a dream home can become a retirement nightmare as we age. From safety issues to neighborhood concerns, there are numerous factors which impact whether or not a home is ideal as we get older. Consider:
1. Falling / slipping hazards. Are bathrooms designed with mobility challenges in mind? Are the surfaces we once loved (hardwood, tile, concrete) now slipping hazards?
2. Accessibility. Is a second story practical? Will stairs become a painful hassle in years ahead?
3. Entrapment. Could locks in the house be inadvertently engaged, trapping a resident in a back bedroom or bathroom without access to medicine or lines of communication?
4. Right-sizing. Is the home still appropriate for the number of residents? Will it be a maintenance or upkeep hassle now that kids or spouses may no longer be in the house?
5. Neighborhood safety. How as a neighborhood improved or declined in recent years? What’s projected to happen in the next 10? 20?
6. Walkability. Are you planning to keep and drive a car as you age? How close are grocery stores, drug stores, hospitals, entertainment venues, and restaurants? Are you in a relatively isolated area? How close do you want your neighbors to be?
This is but a fraction of the full list, but a good place to begin thinking about the years ahead. I love helping home owners evaluate properties with an eye on getting the most out of retirement
If you want to downsize or find your perfect home for your “Golden Years” Please don’t hesitate to contact
Christine Gay, Realtor, ABR, SFR | Cherry Creek Properties, LLC
5655 S Yosemite St | Suite 109 | Greenwood Village, CO 80111 (303) 877-0658 Cell | (303) 713-9002 Fax