Condo living offers an excellent way to enjoy life in the city without paying high prices. Condo living is the perfect solution because it combines all the perks of traditional homeownership with the freedom that comes with condo life.
If you’re a baby boomer, there are countless reasons why downsizing to a condo could make sense for you, one of which is to escape the upkeep of a large home. You may even want to downsize because you don’t need as much room as you once did.
Many baby boomers are considering condo living as a way to spend their golden years. Thinking of moving to a condo for baby boomers in Waterford, MI? This is ideal if you want to maintain an active lifestyle.
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— Robert J. Harrell (@Robharrell123) April 23, 2021
What do baby boomers want in a home?
For years, the term “downsizing” has been common. It focuses on baby boomers who are relocating and changing their lifestyles. They are a generation of savers, spenders, planners, and explorers. Baby boomers are decluttering, simplifying, and relocating.
Classic retirement developments may not have the same charm as master-planned condo communities. For most baby boomers, it is crucial to live in a community with diverse options for entertainment and leisure.
Why should a baby boomer shift to condo living?
Condos are much easier to maintain. With no unnecessary rooms and no exterior to keep up, condos appeal to many baby boomers. That’s why residents in their 50s and 60s are leaving the suburbs for condos or lofts in city centers. Condos are usually located in walkable communities with convenient access to cultural, dining, and nightlife attractions.
In this condo buying guide for baby boomers in Waterford, MI, we’ve compiled a list of 7 reasons why condos for Baby Boomers in Waterford, MI would be ideal for you!
- Location matters
- Lots of amenities
- Living in style
- Getting around
- Sense of belonging
- A stress-free life
- Less repair and maintenance
1. Location matters
It’s all about location, no matter what stage of life you’re in. Condominiums are usually situated in prime locations. Condo living will give you quick and convenient access to your favorite places. This can include things like entertainment, shopping malls, restaurants, places of worship, hospitals and clinics.
2. Lots of amenities
Another feature of condo living are the amenities available. Baby boomers who want to live in a condo community can live a luxurious lifestyle. Your condominium’s shared public spaces can be used for various purposes.
Most condo communities have superior amenities, like a pool and deck area, spa and fitness facilities, dining, library, party room, and leisure areas available for your use. Your unit might even have a spare bedroom and bathroom for friends and family who want to stay with you when they come to visit.
3. Living in Style
Condos feature exceptional architectural style, innovative workmanship, top-of-the-line equipment, various facilities and resort-like features for baby boomers to enjoy. Luxury facilities including a main foyer clubhouse, doggy park, community patio, and more are popular in these neighborhoods.
4. Getting Around
Many luxury condominiums place an emphasis on accessibility and a sense of community. This is significant because 46% of baby boomers say they want to live in walkable communities. A condo community provides a calming, quiet, and active atmosphere. Many condominium complexes are close to grocery stores and restaurants, outside the community, ensuring that you have everything you need. What’s more, the friends you’ll be in your neighborhood are often just an elevator ride away.
Coming home is one of the most beautiful things. – Andre Rieu #HarrellRealtyTeam #RealEstateOne #WaterfordMIRealtor #LuxuryCondoInWaterfordMIForSale #WaterfordMILakefrontHomes #RobHarrellREALTOR pic.twitter.com/h7NlUqMqcB
— Robert J. Harrell (@Robharrell123) April 12, 2021
5. Sense of belonging
Living in a condominium nurtures a strong sense of community. With neighbors in proximity, it makes it easier for residents to meet new people and form long-term relationships. This is exactly the factor many baby boomers like you are looking for.
The social benefits of owning a condo are one of the greatest reasons for a baby boomer to do so. These neighborhoods are intended to be exactly that: a community. Social interaction is an essential part of life, particularly as you get older. It has been shown that being socially involved improves one’s health and satisfaction.
6. A stress-free life
Condominiums for Baby Boomers in Waterford, MI offer stress-free home maintenance. Amenities like a 24-hour concierge, valet parking and dry cleaning are often available to you. Not to mention the safety, security, and ease of getting around your neighborhood. All these are significant benefits of living in a condominium complex.
7. Less repair and maintenance
One of the key benefits of condo living is your unit needs less upkeep than a traditional home. Yard work, home repairs on the outside and inside, and pool cleaning can all eat up much of your time that could be better spent doing something else. You won’t have to think about most house and yard maintenance or repairs if you live in a condo.
Anyone who lives in a condominium community appreciates maintenance-free living. Check out available listings with our best real estate agent in Waterford, MI. This means you’ll live in flawless surroundings without having to do anything. This way of life is especially well suited to baby boomers entering their golden years.
8. Spend less money
Saving the best for last. Downsizing to a condominium would save you money. Having the perks of enjoying less repairs and maintenance in your home, will surely save you precious bucks. Money that you can instead spend for your leisure activities.
Where to look for a condo for baby boomers?
Now that you understand why condo living is ideal for baby boomers, it’s time to start looking for your next dream condo. Before that, though, you’ll need to search for a trusted and reputable real estate company.
Harrel Realty Team prides on making the process as fun, exciting, and stress-free as possible. Whether you’re selling or buying a Lake Home in Waterford, MI, their best Real Estate Agent in Waterford, MI is ready to help.
Downsizing Real Estate for Baby Boomers in Waterford, MI
Downsizing to condo living for baby boomers in Waterford, MI, can be a less expensive option than buying or renting a house – especially if you’re on a fixed income. Condos offer more amenities than an apartment building does, like pools, fitness centers, clubhouses, and even concierge services. The best realtors in Waterford, MI can lay out many reasons why condo living is perfect for baby boomers.
Where should baby boomers seek real estate advice for condo living?
Nowadays, finding the perfect real estate company to serve you in the purchase or sale of a home can be a frustrating and daunting task. My Harrel Realty Team partners and I are 100% dedicated to you and making the process as enjoyable, exciting, and stress-free as possible. We have the expertise and experience of local communities, colleges, and business trends to assist you in the sale or purchasing process.
If you’re looking to downsize or enjoy the perks of condo living on your own terms without all the responsibilities (or costs) associated with traditional homeownership, contact me, Robert Harrell, at 248-830-1870! We can help find you the perfect place to call home.
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