Why A Condo May Be A Great Solution For Empty Nesters

Dated: 11/30/2017

Views: 213

Image title


After years and years of chaos, great memories and laughter, you may find yourself back with an empty nest. With your kids off on their own, you finally have time to think about yourself! One thing that tends to be quick to recognize is that your large 4 bedroom home may be a bit excessive for just you and your husband or wife. You may be considering a downsize - but are just not quite sure the best route to go.


In my opinion, a condo is a great next step for empty nesters. There are several great reasons that I believe this.


Forget about maintenance: All of the years of mowing the lawn, shoveling the snow, trimming the trees can be a thing of the past! Condominium communities tend to include that service as part of your fee to live there.


A great size: Condos tend to be much smaller than homes. This is great because it means less cleaning and lower utility costs!


Invest more: Condos usually cost quite a bit less than homes. This means that when you sell your home, you will have plenty of leftover money to invest in your future. This could be just the right vehicle to setting up a great retirement for the both of you.


While there are tradeoffs to living in a condo, I see a lot of empty nesters that really enjoy the transition. If you have questions about making that transition, feel free to reach out to me at any point.

Blog author image

Paula Schoof

Paula is a lifelong resident of the Cedar Valley. She and her husband Rich are both graduates of UNI with BAs in Business Management. She spent many years as a Sales Representative for RJ Reynolds and....

Latest Blog Posts

February 2018 Cedar Falls Market Report

Cedar Falls Real Estate Market Report February 2018 market stats: •Closed sales: 18•New accepted offers/pending sales: 56•Median sales price: $213,250•Highest sale price: $334•

Read More

January 2018 Cedar Falls Market Report

Cedar Falls Real Estate Market ReportCurrent market environment (February):117 homes for sale Highest priced listing: $874,900Lowest priced listing: $79,999Pending Sales (properties under

Read More

November 2017 Cedar Falls Market Analysis

Cedar Falls Real Estate Market Report Current market environment (December): 116 homes for sale (down from 168 last month) Highest priced listing: $749,900  Lowest priced listing: $89

Read More

Steps To Finding The Right Mortgage

One of the most overwhelming obstacles in the homebuying process is obtaining the right mortgage. There is literally thousands of articles online all telling you different things and I wanted to

Read More