Buying a house is a bit like planning for your wedding day — there are months packed with excitement, stress, planning, and then, finally, the big payoff. Although I can’t help you with
Why A Condo May Be A Great Solution For Empty Nesters
Dated: 11/30/2017
Views: 657
After years and years of chaos, great memories and laughter, you may find yourself back with an empty nest. With your kids off on their own, you finally have time to think about yourself! One thing that tends to be quick to recognize is that your large 4 bedroom home may be a bit excessive for just you and your husband or wife. You may be considering a downsize - but are just not quite sure the best route to go.
In my opinion, a condo is a great next step for empty nesters. There are several great reasons that I believe this.
Forget about maintenance: All of the years of mowing the lawn, shoveling the snow, trimming the trees can be a thing of the past! Condominium communities tend to include that service as part of your fee to live there.
A great size: Condos tend to be much smaller than homes. This is great because it means less cleaning and lower utility costs!
Invest more: Condos usually cost quite a bit less than homes. This means that when you sell your home, you will have plenty of leftover money to invest in your future. This could be just the right vehicle to setting up a great retirement for the both of you.
While there are tradeoffs to living in a condo, I see a lot of empty nesters that really enjoy the transition. If you have questions about making that transition, feel free to reach out to me at any point.
Paula Schoof
Paula is a lifelong resident of the Cedar Valley. She and her husband Rich are both graduates of UNI with BAs in Business Management. She spent many years as a Sales Representative for RJ Reynolds and....
Latest Blog Posts
Cedar Falls Real Estate Market Report February 2018 market stats: •Closed sales: 18•New accepted offers/pending sales: 56•Median sales price: $213,250•Highest sale price: $334•
Cedar Falls Real Estate Market ReportCurrent market environment (February):117 homes for sale Highest priced listing: $874,900Lowest priced listing: $79,999Pending Sales (properties under
Cedar Falls Real Estate Market Report Current market environment (December): 116 homes for sale (down from 168 last month) Highest priced listing: $749,900 Lowest priced listing: $89
Listing information © 2020 Waterloo Cedar Falls Board of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed accurate by the MLS. Data updated daily. Data last updated: February 21, 2020 3:33 AM.
