by Stuart Neal
on Saturday, May 18th, 2019 at 7:08pm.
Many of our clients are downsizers. One of the options that we suggest to our clients as they seek to simplify their lives, leave home maintenance behind and in some cases reduce costs, is to move into a condominium and to sell their single-family home.
One of the interesting phenomena I have noticed is the aversion that many clients have to selecting a ground floor condo unit. The overriding fear seems to be that ground floor condo units are more susceptible to crime and in particular burglary. I have never seen any evidence that this fear is grounded in reality. For sure some areas of Edmonton, St Albert and Sherwood Park may be more prone to crime than others and its possible to review crime stats by area online. It’s a good idea to compare areas with another. Here is a handy link for those thinking of buying in Edmonton: Edmonton Police Crime Map.
There are some real advantages to buying a ground floor unit:
If you lived in a single-family home and in particular a bungalow, you already lived on the ground floor. How was it?
Ground floor units are insulated from the sun and in the winter the cold by your neigbours above.
If you have pets and if you have a door to the outside of the building what could be more convenient when your little dog or in some cases a cat or other cute little animal needs a nature break?
Ground floor units are closest to many amenities. Many condo complexes offer swimming pools or gyms. Chances are that these are on the ground floor. What could be more convenient?
You will be nearer to parking.
It will be quicker for your guests to get in and out to see you.
Ground floor units are often the least expensive. Because many people cling to the belief that higher is better, each successive floor tends to attract a pricing premium. Why not buy a unit that is the same size as those above it and enjoy a discount? I would!
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