Why Now Is an Ideal Time to Rightsize Your Home
November 18, 2021
The retirement years can be a rewarding season where you have the time and energy to pursue new interests, deepen relationships with loved ones and work your way through your travel bucket list. Perhaps you have plans to return to favorite sites overseas or to visit Stonehenge at long last. Beyond new experiences, what a gift it is to be able to make new memories with children and grandchildren without the pressures that come along with a busy career. However, if you’re living in your longtime family residence, you may find that the ongoing responsibilities of homeownership are holding you back in more ways than one.
The decision to rightsize your home often comes with a range of emotions, and there are certainly pros and cons on both sides. The good news is that making the move to a new residence can be a game-changer that adds freedom, luxury and joy to your days. As a retirement community in Charlotte, we have the privilege of being a part of this significant life upgrade for our residents. Keep reading for our perspective on why now is the ideal time to rightsize your home.
Benefits of Rightsizing
In a recent article for MoneyTalksNews , Emmet Pierce highlights seven benefits of rightsizing your home, which include:
- Ease of relocating
- Getting organized
- Reducing stress
- Increasing accessibility
- Reducing drive time when amenities are close by
- Lessening the burden on children
- Gaining free time
Our residents would agree with the above items wholeheartedly, and there are still other benefits we see first-hand, such as a boost in overall health—body, mind and spirit—thanks to our comprehensive wellness program. We understand just how crucial a role personal growth and development plays in life satisfaction, and our life enrichment/wellness director does a fantastic job of keeping our residents’ social calendars buzzing.
Your Transaction Money at Your Disposal
There are also financial benefits to rightsizing. First, when selling your home, you can now capitalize on the transaction without paying a large entrance fee. Your transaction money is now freed up for your use over time, at your discretion. You’ll also be free from the ongoing expenses tied to homeownership and maintenance. There’s also peace of mind around knowing what your monthly living expenses will be. With U.S. median home prices hitting record highs— 23 percent year over year —homeowners are in a favorable position to sell their home and realize their gain in equity.
Gourmet Meals at Your Service
Thanks to our distinctive dining service, you’ll gain back the countless hours you once devoted to meal planning and preparation. Depending on what they’re in the mood for, our residents may opt for our casual dining area, small plates at our pub or fine dining in the grill.
A Scenic Backdrop and a Thriving Community
There’s also time in nature, as our terrace overlooks a wooded area, with the treasures of SouthPark just beyond. Whether enjoying the green space at Symphony Park or listening to the glorious sounds of the Charlotte Symphony Orchestra there in the summertime, residents can soak up the sweet North Carolina sunshine year-round.
In your search for the perfect retirement community in Charlotte, consider the lifestyle you’ll find at The Barclay. We’d love to speak with you!
The Barclay at SouthPark is a remarkable new retirement community with unparalleled offerings, including elegant independent living apartment homes, high-end amenities, distinctive dining options, concierge services and an engaging lifestyle that emphasizes whole-person wellness. Request your free brochure online or contact us at 980-224-8540.