Downsizing Your Country Club Home

Posted by Jean-Luc Andriot on Monday, December 16th, 2019 at 3:25pm.

Downsizing Your Country Club Home for Jean-Luc Andriot blog 121619

Boca Raton is a Hub for Empty Nesters and Here’s Why

If you’re at the Gen X age or a boomer, you may be thinking about downsizing your country club or single-family home. Empty nesters are flocking to Boca Raton creating a hub for people just like you. However, there may be some hidden expenses you aren’t thinking about which are outlined in this blog. Another reason you need to read this is to find out why our Palm Beach County city is a hub for those looking to buy property because of lifestyle changes.

Scenario: The kids are married or moved away to college and don’t plan on coming back. Once full, that 5-bedroom with 6-bathroom home seems a waste of space. A smaller space seems more practical. You’re among many people that fit into this life event. There are a few benefits to look forward to especially if you’re among the 40,000 Boomers and Gen X-ers in the city.

Benefits for downsizing your home according to Realtor.com:

  • Lower utility bills

  • Fewer cleaning responsibilities

  • Easier maintenance

  • Minimalist living luxuries

  • Less clutter

  • Peace and quiet

While many of the people looking to downsize no longer need 5-car garages and a place for the kids to play, they are seeking more opportunity of freedom. Boca Raton is an area which provides just that type of replacement. With a nice selection of entertainment, outdoor activity and walkable neighborhoods it’s not surprising people are selecting this as their next location for real estate investment.

Most of the high-rise communities such as Townsend Place and Mizner Park offer luxury apartment-style penthouses without the hassle of maintaining a yard or other home treatments. Not to mention there’s a community of people who are in similar places on their journey where you can develop a sense of camaraderie. While the kids may be off to college or getting married and raising families of their own, you could be going through a second childhood. Meet new friends, planning adventures and simply soaking up the Florida sun without a care. While the idea of living with less responsibility seems awesome, re-living your college years might not be so bad either?

If you’re coming from another part of the United States, you may also like the tax benefits in Boca Raton. Florida doesn’t don’t pay state or personal income tax. For people re-locating from the North and Mid-west or even Canada, living in the 5th lowest tax burdened state is certainly a plus, plus. Reducing to one of the condominiums allows you to embellish the same amenities without all the expenses you may endure living in the North.

Empty nesters are finding Boca Raton to be an excellent place for employment opportunities as well. Perhaps you haven’t worked while raising the children? Or you’re just ready for a fresh new experience and want to contribute to the economic growth of the city? No matter what the case may be, innovation, technology and many other verticals are thriving throughout the city.

The City of Boca Raton is constantly working behind the scenes to provide redevelopment. From advocating to finding new policies our great city continues to grow with a master plan of framework. If you’ve been thinking about starting a new life, there’s plenty of freedom for you to go after those life-long dreams.

Scaling down from a huge home to a condo or townhome means more recreational fortuity. You’ll have more time to lounge and relax rather than run kids all over the state for their activities. Boca Raton provides one of the healthiest recreational spaces for you to enjoy that kismet you’ve been dreaming.

From fishing to exotic wildlife, living in Boca Raton allows you to be one with nature. Imagine not having to be rushed to do anything except suntanning on the beautiful sandy beaches? With all the waterways, you could spend your weekends on the Intracoastal or deep-sea diving in the Atlantic. No matter which way you want to spend your time, relocating to this paradise will not disappoint.

 “There has been a drop-off in the popularity of upscale property enhancements such as formal landscaping, decorative water features, tennis courts and gazebos.”

Kermit Baker, who is a chief economist, states the difference in housing trends also explains there’s a necessity for some moving out of the ‘big house’ and downsizing as a matter of affordability as well as less need for amenities. At this point, you can almost anticipate many of the folks moving into the neighborhood may be resorting to retirement or stock market funds. Either way, you can guarantee the type of properties will not make you feel as you’ve lost. The investment you make with Boca Raton housing will most likely be solid. Even though you might not have a giant backyard, you may supplement with a resort-style swimming pool complete with cabana. There’s no reason to feel small, even though you might not have 7,000 square feet. Most of the estates in the condo developments do their best to accommodate their residents where you may find a smaller space doesn’t mean a ton of adjusting.

Lastly, locals in Boca Raton are living happily ever after as the community has a focus on caring for one another. There are plenty of ways to make new friends and to help. The Palm Beach County has a huge footprint for philanthropy and events. Whether you’re looking to volunteer or want to enjoy some unique fundraisers, you’ll never have a chance to be bored. This is yet another reason why so many homeowners are downsizing and moving to our area.

While there’re many benefits to downsizing your home and Boca Raton is an excellent choice for this stage of your life, the decision is yours. Residing at your own pace is important as you’ve worked hard for what you have. Bear in mind, it’s a new beginning and not a means to an end.

Contact our offices if you’re looking to sell your single-family home or country club estate. Our professional staff will help you sell fast and save you money. Contact us today. 

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