5 Concerns That Could Force You to Downsize

Posted by Stuart Neal on Thursday, October 17th, 2019 at 8:10am.

Whilst many of our clients face the need to downsize, I would estimate that probably more people push away the decision for as long as they can and some cases forever. If I had a dollar for every senior that said to me “I’m never moving. They can carry me out in a box” I would be a very rich man.

1.  Deterioration of Health

Many physical issues for example breaking a hip (very common) after a fall can be sudden. So can a heart attack or a stroke. Other issues like arthritis and rheumatism can develop over time. Most mind-based issues such as dementia or Alzheimer’s disease creep up on a person until one day that person can no longer live in their home.

2.  Too Many Things to Worry About

Perhaps all it takes is one big snow fall and you no longer have the will or the stamina to clear it. Perhaps mowing the lawn has reached a point where its beyond a chore and those weeds keep popping up. Perhaps you have too many drains on your income to pay all of your bills. Would you rather have more time to do the things you want to do and have less bills?

3.  Loneliness

Even if you are comfortable being alone, too much alone time can depress the most independent of us. If you have reached a point in life where you only see others every few days perhaps it’s time to consider alternative living styles.

4.  Poor nutrition

In too many cases people don’t like to eat alone. So instead of taking the time to prepare a lovely meal they simply skip eating. Not eating properly may lead to the kind of physical and mental issues that we all seek to avoid.

5.  Lack of independence

For many people this means having to give up driving. When folks choose to give up driving or when they are forced to, this marks the end of a significant element of life quality. If you could not longer drive how would your current home serve you? Are you close enough to health services, social opportunities and shopping? Or would you be isolated in suburbia?

As inspiration for this article I referred to a wonderful book you may wish to purchase. It’s called The Best of the Rest – Downsizers for Seniors and Boomers (Senior Moves ISBN 978-0-9948631-2)

About the author:

Stuart Neal is an accredited Seniors Real Estate Specialist (SRES®). Many of his clients are downsizers. You can read more about the author of this blog by clicking this link – Stuart Neal Broker Owner & REALTOR®

Want more information about our lower cost FLAT FEE home selling programs? Please feel free to call our broker owner Stuart Neal at: 780-760-2014 or visit our home sellers page www.FlatFeeRealtyAdvisors.ca

 

 

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