Three Reasons To Convince Elderly Parents To Downsize Into A Condo
Helping to care for aging parents is a task that many adult children will face as the Baby Boomer generation continues to age. While this is not all that surprising, given the sheer numbers of aging Boomers, the fact that as many as 85% of these caregivers want to help their parents age successfully in their own homes may be. But is the family home the right home for this new chapter in an aging parent's life? If your parent or parents will need some help from you as they age, encouraging them to decide to downsize into a condo may be an excellent idea for both of you.
Condo living can help aging parents be independent longer
In most cases, the family home quickly becomes too large to heat, cool, clean, and maintain as the owners age. Even worse, many homes that were designed perfectly to house the growing family may be physically unsafe for seniors with mobility issues or health conditions, such as those with several flights of stairs.
In these situations, helping parents choose to downsize into a low-maintenance condominium can be a much better option. Since most condos take care of all exterior maintenance and seasonal needs, like lawn care and snow removal, older occupants will no longer have to risk injury in order to keep their home well-maintained.
Condos can offer more security features
Another excellent reason for older homeowners to consider selling the family home and moving into a condo development is that many offer a more secure living situation for them as they age.
Many condos offer security gates or patrols, as well as well-lit premises and limited access to residential buildings to help make the living experience safer for all residents. Some even have a nurse or other types of emergency assistance on staff.
Condos can help offer a more social living experience
Adult children who take care of their parents are usually also working and raising their own children, as well. This can mean they have difficulty spending as much time with their parents as they would like.
When their parents choose to downsize into a condo, especially one that caters to older residents, they are usually able to make friends and enjoy social activities with other residents. This means they remain happy and active, even when their children are unable to visit.
To find out more good reasons to speak to your aging parents about downsizing into a condo, adult children should consider discussing condos for sale with a real estate professional. If possible, always chose an agent who is experienced in helping people downsize successfully.
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