A Home for Retirement: Re-Sizing Your Lifestyle

BSR0902The Jupiter Florida real estate market is no stranger to beautiful homes suitable for a well-deserved retirement; from Admiral’s Cove and Frenchman’s Creek to Egret Landing and Abacoa, options abound for those who are searching for just the right spot to enjoy their golden years.

But it’s important for buyers in this market to recognize that even if they’ve bought homes before, buying for retirement is a different animal; things you looked for in a home when you were working a steady job, or still had children under the roof, aren’t going to be the same characteristics you want when your time is wholly your own — and your income fixed.

So while nearly every Jupiter home for sale could be a good enough one for retirement, the ones that will stand out for you are those that match your needs at this stage in life — not the needs you think you might have. A good example is size; many buyers will look at a near perfect potential home for retirement as being too small, because they feel it important to be able to house all the family that might visit at one time. But for the extra cost of a few bedrooms and bathrooms in that home’s purchase price, a buyer could opt for a smaller home and invite their families to stay in the finest hotel in Florida every time they stay (and probably still come out ahead).

Larger homes also cost more to heat, cool, and maintain; for a fixed income retired person, it might be best to find an exceptional smaller home — even if there’s a larger one in a similar price range — and be ready to pocket the savings on upkeep.