Empty Nesters can find a condominium home in Tooele County; but it wont be easy. As meager as the single family home inventory is, available condominiums are even more difficult to find. For example, as of today, there are only 5 listed in the entire county. 4 of these are listed in Grantsville UT & 1 in the city of Tooele
Dealing with an Empty Nester is not a piece of cake either. Not only are choices limited, but the entire transaction is foreign to most home buyers. Unlike buying a stand alone, there are usually rules and regulations that need to be evaluated and budgets that should be scrutinized. Few condo buyers are prepared to surrender some of their rights as homeowners even though many of the responsibilities are reduced or eliminated.
Here are a couple of articles recently published about empty nesters that might be helpful.
Irish TimesSharon Stone’s advice for empty nesters is … not bad actuallyIrish TimesA volleyballing quinquagenarian movie star wouldn’t normally be the first woman I’d suggest to tentative empty-nesters seeking lifestyle advice. Later, though, sitti …
Irish ExaminerAgeing with attitude: Empty nesters take flight with FreebirdIrish ExaminerSOCIAL isolation and loneliness may be a growing problem among people in their 60s and upwards, but one Irishman has come up with a fun solution to encourage emp …
5 Reasons to Downsize into a New Condo
There’s a good chance if your children have recently moved out that your home is feeling a lot larger than it used to, and perhaps you’re re-considering the extra space. If downsizing to a condo is on your mind and you’re weighing the benefits of this kind of move, here are some that might make it worth the switch in size.
A Little Extra Money
With the additional money you should be making off the sale of your home, there’s a good chance that downsizing may provide you with extra assets to sock away for retirement, travel or whatever your heart fancies. If you don’t need the money, it might not matter, but in the retirement years a little extra can be of benefit for many.
Cut Your Costs
Usually, there are many utility and heating costs that go along with home ownership, but by moving into a condo you can alleviate many monthly payments instantly. Instead of paying for every utility, condo living can help to simplify and minimize the amount you owe each month.
Better Prepare For Retirement
Often times it may seem like home ownership is the dream, but many people approaching retirement would rather have the flexibility of renting. Because there are limited responsibilities with a rental, it means you can spend the winter months in Mexico without having to worry about who will take care of your home.
Maybe a Condominium Community
The great thing about many condo buildings is that they are built close to amenities like grocery stores, dry cleaners and restaurants, so you don’t have to worry about venturing far out. It might not seem important if you’re used to driving to the store to make your purchases, but being able to walk might make you a convert to a different way of life.
Maintenance Free Living
If you’ve gotten used to all of the maintenance that goes into a home, downsizing can be a great relief in terms of the time you’ll be saving. Instead of a lawn to cut or a multi-level home you’re responsible for, you’ll be able to rely on the building manager to do this for you.
It can be comforting to have a home you’ve bought and paid for that belongs to you, but by downsizing you may be able to save on time and significantly lower your living costs.
If you’re considering purchasing a condo in the county and would like to learn more about your options, give me a call, Berna Sloan 435-840-5029.
I know how empty nesters can find a condominium home in Tooele County.