Getting the process started for buying a home in retirement can be intimidating, but it’s important to remember to enjoy the experience as much as you can. The retirement years are referred to as the “Golden Years” for a reason – your focus can shift from your career to the things you enjoy. Relaxation and enjoyment can become your top priorities when it comes to where you live.
The very first thing you need to decide is where you’d like to retire. If Portland isn’t already on your shortlist – it needs to be. Rankings from MagnifyMoney have Portland at the top of the list of best retirement destinations in America based on four major categories: assisted care availability and quality; medical quality and cost; cost of living and lifestyle. Another list, published by US News, ranks Portland as number 6 on the list of the top 125 cities in the U.S for retirement. This high ranking means the city scored high marks in value, overall desirability, job market and quality of life.
As you get started with your house hunting journey, make sure to keep the following tips in mind. They will guide you through the process and help to ensure everything goes as smooth as possible:
1. Consider the Benefits of Downsizing
A huge house sounds great, but choosing a smaller, more practical home can help to ensure that your house remains appropriate for you even as you continue to age. At some point in your life, you’re not going to want to walk up a flight of stairs every time you need to get to your bedroom, and you’re not going to want to have to keep up with all the cleaning responsibilities that come with having a large house.
Beyond size, you’ll want to make sure any house you’re targeting includes amenities that will help you live safely and comfortably in your home. Wide doorways, entryways that don’t involve steps, and open floor plans with plenty of space are just some of the amenities that can benefit retirees in the future.
2. Think About Senior Living Options in Portland
If you decide that buying a home isn’t for you, you’ll be happy to hear that Portland is home to many different senior living options.
If you are healthy, relatively active and want to stay as independent as possible, you can look into a retirement community in Portland. These communities are ideal for retirees who want to live on their own, but don’t want to deal with the most annoying parts of owning a home. Retirees can also make new friends and develop new social routines in these communities, since management in these developments typically organize things like happy hours, holiday celebrations and crafting classes for residents.
An assisted living facility is another option available to you in Portland. These facilities are best for retirees who feel they may need someone to help them with activities of daily living, such as getting dressed, getting proper meals or managing their medications. There are a wide variety of senior care communities in Portland and over 20 in neighboring cities.
3. Definitely Work with a Real Estate Agent
Most people aren’t experts at buying and selling real estate, so if you count yourself among these people, you’re definitely going to want to enlist the help of a real estate agent when searching for your dream retirement home. A real estate agent can help you navigate all the different properties and assist in narrowing your search down to the best homes that fit your goals, needs and preferences. Windermere Real Estate is committed to guiding you through an exceptional real estate experience. Call us today to get started on your Portland house hunting journey.