These Are Your Downsizing Must-Do’s for Retirement

 

Retirement condos in Jacksonville, Fl

BY: SARAH NOEL
October 25 7, 2021

Downsizing is often a necessary step for seniors, and it can mean a long to-do list you’ll need to tackle. Fortunately, there are ways to make the process simpler both logistically and emotionally. Courtesy of Red Door Realty Group, here’s what every senior needs to know about downsizing—especially during COVID-19.

Explore New Neighborhoods

Moving is a big decision regardless of the stage of life you’re in. Research desirable neighborhoods and areas online to see what your options are as far as home pricing and size.

Look at the average cost of homes in your desired neighborhood to gauge the overall affordability. Knowing how much you’ll need to spend can help you plan for a new home purchase as necessary. Then, you can create a realistic new home budget in advance of going on home tours. Experienced real estate pros like Red Door Realty Group can help guide you through the whole process.

Narrow Down Your Home Choices

While buying a home is one option during retirement, there are many possibilities for housing. For example, you may choose to rent, whether due to the relative affordability or in case you plan to move again later.

Or, you may be interested in an adult active living community or retirement condominium. Such communities often have numerous recreation opportunities and on-site amenities. If you need personal care, there are facilities that offer medical and health-related services, too.

Other housing options, such as life plan communities or subsidized housing, are also available for seniors. Comparing your choices can help you find the right fit for both your lifestyle and budget.

Think About Hiring Help

Though the coronavirus has caused many nonessential businesses to shut down, movers are often exempt from those rules. That means you can continue preparing to move, even if you’re unable to pack and lift boxes on your own. Of course, the cost of your move could be a significant expense. You can find a moving service online and compare prices. Note that the bottom line will depend on how far you’re moving, how soon you want delivery, and whether you’re sharing truck space with other households.

Choosing the right, a reputable moving company near you involves a number of decisions and questions to be asked. Angi suggests asking these essential questions:

  • Do you belong to The American Moving & Storage Association (AMSA)?
    How much do your services cost?
    What type of estimate do you provide (binding, non-binding, or not-to-exceed)?
    Do you have liability insurance? Are you insured in case of any accident or mishap?

Know What to Expect During COVID-19

While the real estate market continues to remain active during the coronavirus pandemic, there are some differences you should be aware of. For example, nationwide, mortgage rates are very low, but many cities are seeing fewer homes on the market, explains Money.

Another difference during this time is that many sellers are requesting virtual-only tours to protect themselves and their families. In addition to video-chat tours and even e-closings, experts suggest having hand sanitizer and protective gear on hand for any in-person showings.

Better Homes and Gardens also recommends sticking to social distancing guidelines during your move, including choosing virtual payments and communication whenever possible. The fewer people you come in contact with, the lower your chances are of becoming ill.

Declutter with Care

Getting rid of belongings can be emotional—and understandably so. The secret to decluttering is to go easy on yourself and take things step by step. You should choose one area of your home to start with and have all your supplies—such as trash bags and storage bins—ready beforehand.

Then, begin sorting items into different categories. Keep, sell, and trash will be your main categories, especially since many organizations are not accepting donations during the pandemic. For example, Goodwill locations aim to reopen in alignment with state guidelines, which can vary widely. Of course, you can still aim to give away belongings to friends and family, though sanitizing each item is a smart step.

Preparing to downsize—especially during the pandemic—can be stressful. But with proper planning and the right resources, you can complete your downsize. Then, all that’s left is to enjoy your new place.

Photo via Pexels

The team at Red Door Realty Group is dedicated to providing you with the best possible customer service, combining education, field experience, and integrity to solve problems, create solutions and optimize your real estate experience. We want to earn your business — call 904.996.0000 today!