Your kids are off to school, getting married and starting their lives with kids and homes of their own. You no longer need that sprawling five bedroom estate. It’s way too much to clean and depending on your ageing health; it can be a pain to keep clean and in good repair.
Empty nest households where adult children have moved out, are the most common type of household in the country in 2016, representing 28.2 percent of all households in Canada. You are not alone in this stage of your life. The good news is there a lots of options for empty nesters who want to downsize to an Edmonton condo, townhome, apartment or even a stratified, smaller family home where yard and maintenance is taken care of. The options are endless. There is also a long list of buyers looking for deals on older homes in great neighbourhoods that they can renovate and improve for their own growing families.
There are many things to consider when you’re downsizing. We recommend brushing up on our tips for preparing your home for sale and speaking with a real estate agent who specializes in downsizing transactions. We have many real estate agents who focus on Edmonton seniors and who are well versed in local communities, buildings and areas that are geared towards a downsized life.
If you’re looking to evolve to the next phase of your life on a smaller scale we would love to chat with you further to come up with a plan for your next move – contact one of our Edmonton real estate professionals today!