Seniors Real Estate Information

Where will you retire? What factors should you consider? What type of home will best suit your needs in the coming years? Making the right move requires careful consideration of all the available options. Contact me today to learn more.
Considering Your Next Move into an Active Adult Community

Every housing decision involves a complex set of factors and moving into an active adult community adds additional unique considerations. Good News is that a Realtor® and SRES®-designated agent, like myself, can help you with your next move into an Active Adult Community.

Things to Consider:
Location
  • Do you prefer living close to family/friends or in a particular area for health/weather reasons?
  • Do you want to live in a development with minimal amenities within a city or prefer a more isolated community that meets all your social needs and includes all the onsite amenities you desire?
  • Do you plan to maintain one or more vehicles or prefer relying on your community’s transportation options or public transit?

Cost
Your options will expand or be limited by the amount you have saved and the sale price of your existing home. How much can you invest in your new house and what is your monthly budget for living expenses?
Remember to include all homeowners’ fees when making your decision. Also factor in any “Up Front” move-in fees.

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Walkability Drives Seniors’ Housing Decisions

Though a desire for walkable neighbourhoods is most associated with the millennial generation, walkability and good public transit also are high on boomers’ and seniors’ wish-lists.

Though things like quality of care services, affordability, and a facility’s cleanliness topped people’s must-have lists, walkability and access to transit were also tremendously important to survey respondents.

Among consumers considering their housing options, walkability was described as mandatory or very important to those seeking senior apartments (53%), independent living (38%), and assisted living (26%). Public transit options were also crucial to these groups.



Retirement Planning & You

Retirement Checklist It’s important to take a look at your financial picture to see where you are at at any age but, even more so if you are nearing retirement.

Make a list of steps you need to take to assure that your future actions align with your long-term financial goals.

A CBIC poll (CIBC retirement savings), shows that last year people thought that $756,000 is the average amount that Canadians think they’ll need in order to fund the retirement lifestyle they’d like.

Yet, among those nearing retirement or on the cusp—those aged 45 to 64—of it, 32 percent haven’t saved anything for retirement.
Among those with retirement money stashed away, the average value of their fund is $345,000, though nearly half (49%) have saved less than $250,000.
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Choosing a Retirement Destination

Among the most important decisions you’ll make in your lifetime is where to retire. Whether you plan to stay in your city, Province, or move to another country altogether – here are a few important factors to consider in choosing a place to put down new roots. Wherever you look, an SRES® can help you gather the information you’ll need to make a sound decision for buyers and sellers in your situation.

Accessible Health Care
Any older adult, no matter how active, should take a close look at what health care options are available in areas they are considering. It’s nice to have internists and specialists within a convenient drive. Most important is having access to a well-regarded hospital, in case of emergency or serious illness.
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Online Resources For 50+ Buyers and Sellers

When it comes to buying or selling your home, seniors often face more issues and decisions than their younger counterparts. Fortunately, many sites offer a wealth of information and resources on a wide variety of topics to help address these concerns. But each situation is unique.

Ask your Seniors Real Estate Specialist® to recommend the best resources among these and others.

Age In Place  www.ageinplace.com
Learn how to create an environment that is safe and easier to live in, including kitchen, bathroom and other home remodeling, senior cell phone choices, aging in place monitoring products and other helpful resources.

Alzheimer’s Association  alz.org
The Alzheimer’s Association works on a global, national, and local level to enhance care and support for all those affected by Alzheimer’s and related dementias. Use the Alzheimer’s Navigator for step-by-step guidance and custom action plans.

CARP  carp.ca
Supporting Canadian seniors through advocacy, benefits, and community chapter events.

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4 Reasons to Work with an Exclusive Seniors Real Estate Specialist®


If you are over the age of 50 and considering buying or selling a home, there are many reasons to choose a senior real estate specialist like Rosemary Papp
You’ve probably heard the saying, “all real estate is local”. It’s a truism that refers to the unique qualities of neighbourhoods and properties—and the importance of working with a real estate professional who intimately understands a local market.

The same claim can be made for real estate clients. Everyone who buys or sells property has unique needs. This is especially true for later-in-life real estate transactions, which may include distinct challenges (floor plans that accommodate aging in place, estate planning considerations, special financing requirements, etc).

Continue reading . . .

Find your ideal home with my help. I’m your SRES®.





Gated Communities for Active Adults 45+
Browse our selection of condo and townhouse communities in the Langley area that offer security, amenities and a carefree lifestyle.

Get In Touch

Rosemary Papp

Phone: 778.834.8021

Email

Office Info

RE/MAX Treeland Realty

101-6337 198 Street  Langley,  BC  V1M 2C8 

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