Retirement Real Estate - Finding a Home for Senior Living
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Finding a Home for Senior Living

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In many ways finding a home for Senior Living is no different than finding a home at any stage of your life. However, there are some factors that require a different level of real estate expertise and due diligence. As you look to retirement, it is important to look for a home that provides the best environment for your physical needs now and in the future – a home that will age as gracefully as you do.
  • Look for a home that is low maintenance. Today’s “smart” houses are virtually maintenance free and energy-efficient.
  • Look for a one-story home. Stairs and steps may become barriers. Bathrooms should be equipped with safety grab bars in tub/shower areas. Doorways should be wide enough for wheelchair access.
  • Look for a home with added security such as an alarm system with medical call capability in a well-lit, possibly gated community.
  • Social interaction is important in retirement. Leasing or buying a condominium or a home in an active retirement-oriented community makes sense. Look for a home that offers interaction with neighbors.
  • Seek a convenient location. Most retirees cite being able to walk to recreation and shopping as a major benefit.
  • Hire a professional home inspector to examine a prospective home for major defects. Ask your real estate agent for referrals to home inspectors.
  • Request a home warranty from the seller, or purchase your own. A home warranty should cover heating and cooling systems, electrical problems, plumbing, water heaters, and kitchen appliances. A home warranty from a reputable provider facilitates getting repairs done and offers peace of mind. The annual cost of $350-$600 will pay for itself when major repairs are need once warranties expire.

Learn More About Senior Living and Real Estate
To learn more about other Senior Living and Real Estate, please review the other articles in this section.

To find a GMAC Real Estate agent with certifications as a Senior Residential Marketing Master or as a Seniors Real Estate Specialist, please click here.