A Real Estate Reality Check for Suburban Baby Boomers

Dear Boomers,

Occasionally, a reality check is in order.  As your friendly residential broker, here’s one thing you might not want to think about, but you should.

 

The kids are grown. They’ve flown the coop and left behind an empty nest, double-wide fridge and three car garage. You love your four bedroom home and yard, and cherish the memories, furniture, trophies and “stuff”.  But be honest: the house requires more attention, money and love than you’re willing to give.

You look outside and see a lawn that needs mowing, leaves that need raking or a walk that needs shoveling, and that’s just the routine maintenance. What about the roof that’s already been patched three times? The CAC that no longer hums? The cutting edge kitchen, circa 1998? These things, plus escalating property taxes, utility bills and gas prices have put a strain on the love affair with your half-empty house.  And the commute to The City, which once seemed so easy, now crimps your style. Who has the energy to remain awake for the entire 10:00 news, never mind staying after work for an 8:00 pm Broadway show?

It’s time to reconsider what a house in the suburb means and <GASP> investigate other options.

What are your choices? Enroll in Sunset Village, FL – A Tranquil Setting for Retirement? <Gasp again!>  Breathe, Boomers.  Let’s look at three more realistic options.