Many people start thinking for and planning for retirement long before they are actually ready to retire. One of the ways that people may prepare is with the purchase of a second home. Many people don’t want to retire in the home they currently live in. They may be ready to downsize and find something that is easier to care for. Central Texas Auction and Realty is here to share some tips for those that are getting ready to purchase a second home to live in after retirement.
Look for an Age in Place Home Floor Plans
As you get older, you may notice that it isn’t as easy to get around. You want a home that is as aging in place friendly as possible. You may want to look for a home with a minimal or no amount of stairs in it. Your master bedroom, laundry room and a good sized bathroom should all be located on the main floor, at the very least. You may also want to look for a walk-in shower as well. A home that has wide hallways and doorways is always a good thing in case there is ever a need for a wheelchair.
Low Maintenance Landscaping in Front & Backyard
It may be difficult to keep up with a large piece of property as you age. You don’t want to find yourself with a large lawn and garden that you have to care for as you get older. You may want to look for a patio home or a home that has an HOA that offers to take care of your yard maintenance for you so you don’t have to worry about it. Even if you are able to care for a large lawn, you may not want to with all the traveling you may be planning to do!
Consider the Benefits of a Rural Area Community
Many people that retire find that rural communities are especially appealing. You don’t have to deal with heavy traffic and hoards of people. You may find this slower paced lifestyle appealing as you start to age.
Don’t Over-Spend for Second Home
When purchasing your second home, don’t over extend your finances. You want to be able to enjoy your retirement without taking out a large mortgage. This will give you the freedom to spend your time as you please during the golden years. Avoid overspending on your second home so you can enjoy life.
Buying & Selling a Second Home & Properties in Belton, Waco, Killeen, Temple & Central Texas
If you are looking for a second home that will be yours during retirement, you want to take all these points into consideration. These are some of the best years of your life, visiting your loved one and grandchildren is something that many people in retirement enjoy doing. Don’t overspend on a second home; Central Texas Auction and Realty can help you find the perfect second home. Call us today for more information on upcoming auctions in your area and we can help you find the perfect second home.