Real Estate Needs Change as We Age
By Barb Trousdale.
There is an undeniable fact that as we age, our real estate needs can change. Most of us would prefer to age in our current home. It’s heartbreaking to see our family members and friends’ ability to care for themselves and their homes diminish as they age.
The Empty Nesters’ Dilemma: To Stay or Leave
There are many events that might precipitate someone to evaluate whether their current home is still a good solution. Some of those events might be the death of a spouse/partner, retirement, current home needs repairs, or health issues that make your current home not a good option anymore.
Housing Considerations: Evaluating your needs
- Does your home meet your current and future physical needs?
- Are there funds available for modifications that will ensure your continued safety?
- Is it financially possible to pay for outside help for things you are not able to do on your own?
How to know when it’s time to start thinking about a move
- Understanding the limitations of daily living caused by your medical conditions
- Following your doctor’s recommendations
- Having an honest conversation with your family members to evaluate the options of your needs and desires
- Assessing the safety of your current home
- Evaluating your finances to see what you can afford
- Researching other living possibilities
Building your team: Selecting professionals trained in assisting Seniors
- Financial planner
- Estate Attorney
- Realtor – Senior Real Estate Specialist
As you reach this stage in your life, it’s important to know that you are not alone; there are professionals who have a passion for helping you through this challenging time. As a specially trained Realtor, I assisted my parents through this process, and thoroughly understand the emotions and difficult decisions that need to be made. It would be my privilege to share my expertise, and compassionately walk beside you and your family members during this challenging time in your life.
Barb Trousdale, Realtor and Senior Real Estate Specialist, Preferred Properties, Williston, VT
barb@preferredpropertiesvt.com, 802-233-5590
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