Retirement for Seniors

Downsizing? Which Type of Home is Best for Your Situation? | Retirement for Seniors
Home Planning Money Matters Lifestyle Where to Retire Retiree in Thailand Health Insurance Social

Downsizing? Which Type of Home is Best for Your Situation?

Date : Apr 03,2014
By : Kandace Heller

For seniors, choosing the best living situation for their golden years can feel like a tall order. Moving out of the home that you have raised your family in for decades can be very difficult. For care givers, it can feel just as challenging to help select a home for their aging loved one.

Staying Put

For some seniors, staying put in their own home is the leading choice. There can be a number of reasons for this. The key to making this option work is making in-home safety modifications, hiring help for home maintenance and chores, and having qualified in-home care as needed. This can be a good option, but for people who can no longer take care of the yard work or climb stairs, this might not be the best option.

Town Home

In a town home, the square footage is typically less challenging to maintain and care for than a free standing home, but there may still be some light yard work and home maintenance tasks to do. Here, the key may be to rent rather than own to cut down on daily responsibilities. However, since town homes tend to be two- or -three-storied, this may not be ideal if you or your loved one has foot, knee, or hip issues.

Condominium or Apartment Home

With a condominium or an apartment home, you will have the least amount of household duties and no yard care. However, you may need to navigate stairs and driveways to take out trash out, get to and from a vehicle, and get the mail. There are options though. Some apartments in Ohio and many other states offer amenities like doorstep trash service. This allows those with mobility issues to save their energy and not walk all the way to the apartment’s Cincinnati Dumpsters or trash compactor.

Senior Village

A senior village is a community designed with senior citizens in mind. This community may be in the form of apartments, condominiums, town houses, patio homes, or free standing housing. But since the community is designated for seniors-only, association dues go towards providing pooled services such as yard care, home maintenance, assistance with chores and shopping, and other necessary tasks, making it a good choice for seniors who wish to have some independence but also need some extra support.

Independent Living/Assisted/Nursing Housing

Often seniors-only living facilities offer different levels of care – some are just for independent living, some are for assisted living, and some also have both plus nursing care. The best choice is to find a facility that offers all three levels so you or your loved one can transition as needed.

Whether you are selecting your own next home or doing so on behalf of an elderly loved one, these tips can help you pick the perfect housing situation.