Consideration

Considerations on Downsizing

There are many helpful Internet articles related to downsizing from a single family home. Below are bold itialized links to a few articles that may help you when considering a move to senior housing and why a senior housing cooperative should be considered.

When to Downsize?

  • Seven (7) Signs It’s Time to Put That Big Old House on the Market
    • Your monthly housing expenses have risen above 30%
    • Your current monthly budget leaves little leftover cash for saving…or fun
    • You’re falling behind on your home maintenance
    • Your home has features that no longer fit your lifestyle
    • You’re the oldest resident in your neighborhood
    • You want to convert your home equity into income
    • Your career no longer ties you to your location

7 Questions to Ask Yourself

  • 7 Questions to Ask Yourself When Considering When to Downsize
    • Do I want easier access to more social activities?
    • Do I want to live near others of similar age and experiences?
    • Do I feel lonely or isolated in my current living situation?
    • Do I feel unsafe living in my house for the fear of being an easy target for burglars?
    • Am I tired of preparing all my meals and performing household chores?
    • Am I having difficulty maintaining my ideal lifestyle at my current location?
    • Am I worried about being alone if I fall or become ill?

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