There comes a time in many of our lives when we decide to do more with less, at least concerning our housing. Downsizing is in order.
Children have grown and moved on. All that space just isn’t needed anymore. The rooms, the lawn, the driveway, all that stuff in the garage…there’s just too much of it now.
Condominiums offer many people the housing alternative they are looking for when the time comes for a change.
Two-thirds of those responding to a survey by Hanley Wood, a housing trade publisher, said their ideal home in the future would be a “manageable, one-level purposeful space to enjoy a relaxed lifestyle."
In fact, when asked by Hanley Wood about housing preferences for retirement, only one in five Baby Boomers (those born between 1945 and 1963) said they would prefer to stay in their current home as it stands today. Only one in five. That’s because people keenly understand that as time and life-circumstances change, they want to be able change, too.
Condos needn’t be thought of as a reduction in lifestyle. Quite the contrary, many downsizing buyers are demanding even more amenities than their former single-family houses provided. Combine these amenities with the traditional attractions of condo lifestyles—no exterior maintenance concerns and reduced utility bills, to name just two—and condominiums become very appealing to many, many people.
Where do people typically look when they’d like to downsize? Anywhere and everywhere! From suburban golf-course condo and townhome communities to downtown buildings, condos can be found all over. It all depends upon what you’d like.
In fact, speaking of downtown condos, downsizing couples and individuals are a large part of the reason urban centers all across America have experienced a resurgence in residential growth. When a house in the city or suburbs is no longer needed, many people have chosen to move to downtown Chicago condos in order to be close to entertainment and cultural attractions. And of course, the maintenance-free lifestyle, along with great views and that panache of a downtown address are strong factors, too.
Our specialists at OwnACondo.com understand that housing needs change with time. They are skilled at helping people from all walks of life make those changes. Contact OwnACondo.com today to learn more. Whether you are looking for a quiet, suburban condo or a luxury condominium in the heart of it all, we can help with downsizing. Incentives in Chicago real estate are strong in the current market. We’d love to show you what’s available.