It was bound to happen someday. It’s Sunday again, and you’re cleaning empty bedrooms and wondering why you spend your time this way these days. The kids have moved out, and the house is starting to feel too big.
Do you really need all that extra space? It’s time to consider moving into something more suited to your needs.
Many empty nesters are selling their bigger home and moving into a condo. There are plenty of benefits to making such a move, and condo design has come a long way to creating living situations that are an upgrade from your existing home.
A Condo Gives You Back Your Time
Remember those empty bedrooms we mentioned? In a condo, you can choose how much space you actually want to care for on a weekly basis. Fewer bedrooms means fewer spaces to clean and maintain. A smaller square footage means less floor to sweep. All that time you’re currently spending cleaning your home can be spent on recreational activities or hobbies, or better yet, time with friends and family.
If you purchase a condo where the lawn care or snow shovelling is done for you, you gain your weekends back as well. No more gutters to clean, painting to do, or yard equipment to maintain.
A Condo Can Be More Secure
In condo styles such as high-rise towers, villa communities, and gated areas, you’ll experience higher security than in your current home. In addition to security measures such as cameras and entry codes, you’ll also have a close-knit community of neighbours to watch over one another.
You may feel more secure having fellow condo owners nearby as well. There are more opportunities to socialize with neighbours if there are more of you in a single property, especially if there are common areas such as patios, swimming pools, or fitness areas.
One of the things you may have loved about owning your home is the ability to renovate and customize to your unique style. Even though there may be some restrictions on more major work (such as taking down walls), you can still paint walls, change cabinets, and really put your own personal stamp on your condo.
Looking to downsize but not lose all your bedrooms? Choose a two-bedroom condo with a smaller square footage. The extra room could be for a hobby or a dedicated room for when the grandkids sleep over.
If you live in a high-rise or low-rise condo, you can choose to live on the main floor for ease, or a higher floor for a bit more security and a better view! The choices are virtually endless when it comes to choosing a condo that ticks every box on your must-have list.
You Can Save Money
If your home is starting to feel too big, it’s probably costing you more than you want to spend as well. Your monthly utilities, property taxes, and even your mortgage can all be reduced.
With less square footage, you’ll have less home to heat and cool. Your property taxes will likely be less depending on the style of condo you opt for, further reducing your monthly payments.
The purchase price of most condos is generally lower than that of a single-family home, so if you sell your home, you’ll likely still have equity left over after the purchase of your condo.
If your home is starting to feel a little big for your current needs, it may be time to consider downsizing into a condo. There are many benefits to this, and with all the choices in style, location, size, and price available to you, you can find the perfect condo to suit your unique needs.