Choosing the Perfect Home for Senior Citizens
As senior citizens consider their housing options, there are several crucial factors to keep in mind. Whether you’re downsizing, relocating, or seeking a more age-friendly environment, here’s a comprehensive guide on what to look for when choosing a home:
1. Affordability
Financial Impact: Before purchasing a new home, assess its impact on your finances. Consider proceeds from selling your existing home and whether they cover the cost of the new living space. Factor in all costs, including relocation costs, agent commissions, and certain transfer costs. Adjust your housing budget to align with your retirement income.
2. Rates and Taxes
Rates and Levies: Ensure that rates and levies (where applicable) are reasonable for your budget. If buying into a retirement complex there may be higher levies to accommodate frail care and step-down facilities. Also consider the possible taxes payable on disposal of your existing home. Capital Gains Tax can come as a nasty surprise.
3. Accessibility
Age in Place: Prioritize homes that allow you to age in place. Look for single-story properties or those with a master bedroom suite on the first floor. Open floor plans and wide hallways accommodate wheelchairs or walkers. Bathrooms with zero-entry showers and built-in safety features reduce the need for future renovations.
4. Universal Design Details
Consider these universal design elements:
Bright Lighting: Install bright lighting with toggle switches.
Lever-Style Door Handles and Faucets: Easier to use than traditional knobs.
Slip-Resistant Floors: Choose surfaces that reduce the risk of falls.
Multileveled Countertops: Accommodate both standing and sitting.
Accessible Cabinetry: Pull-out or down options.
Lowered Microwaves or Raised Dishwashers: Enhance convenience.
High Outlets: Eliminate the need to crouch.
Programmable Front Door Locks: Enhance security.
5. Safety and Security
Neighborhood Safety: Research the safety of the area.
Emergency Services: Proximity to hospitals and emergency care.
Security Measures: Consider gated communities or security systems.
6. Low Maintenance
Easy-to-Clean Surfaces: Opt for flooring and countertops that require minimal maintenance.
Durable Materials: Choose materials that withstand wear and tear.
7. Proximity to Services
Healthcare Facilities: Access to medical services and specialists.
Grocery Stores and Pharmacies: Convenience matters.
8. Community Amenities
Community Centres: Look for programs, classes, and social activities.
Outdoor Spaces: Parks, walking trails, and green areas.
Social Interaction: Friendly neighbours and community events.
9. Future-Proofing
Room to Grow: Anticipate future needs (e.g., home office, guest rooms).
Resale Value: Choose a home that holds its value well.
10. Emotional Well-Being
Comfort and Happiness: Prioritize a home that brings joy and comfort.
Memories and Relationships: Consider the emotional value of the space.
Remember, finding the right home involves balancing practical considerations with emotional fulfilment. Take your time, explore options, and envision a happy and secure life in your chosen home.
If you'd like to connect with MIKE FORSYTH of MGF Attorneys, call 033 343 1100/082 800 5257, he will be glad to assist you.
About the author: Mike is a long time Hilton resident and is an Attorney and Conveyancer specialising in Conveyancing, Contracts, Wills and Estate Planning.