A Checklist for Retirees Who Plan on Buying a Condo

About 42% of baby boomers want to move for their retirement. If you’re a part of this group, then start planning before you’re ready to retire. This can help make the transition a smooth one.

One of the first steps of preparing for retirement is choosing where you’ll live. Don’t settle for just any condo neighborhood. Why not live in a luxury resort-style community?

Add these tips on buying a condo to your checklist to make the process of buying a condo a smooth one.

Location

You want the condo that you choose to be near the stores and services that you will regularly use. This will reduce your travel time and make it easier for you to get around in retirement.

Add “look at Google maps” to your condo purchase checklist. Browse the surrounding neighborhood of a condo community you’re interested in. Look at a variety of businesses to get an idea of what services are available and what the surrounding community is like.

  • Restaurants
  • Banks
  • Fitness facilities
  • Hospitals
  • Religious services
  • Shopping
  • Airports
  • Entertainment venues
  • Sports
  • Doctors’ offices

Visit the community in person and take a drive or walk around. You should feel at home and safe.

Floorplan

One of the essential items to add to your condo purchase checklist is the floorplan. The condo you choose needs to feel spacious and have a floorplan that suits your lifestyle.

If you love to entertain, then you need to have plenty of square footage in the living spaces. For those who love to cook, square footage in the kitchen is paramount. If you have a large wardrobe, then closet space will be at a premium.

Amenities

Investing in a condo is about more than the living space you’re buying. You’re investing in an entire community that comes with several amenities beyond your condo’s walls.

The right amenities can create a sense of community by providing you an opportunity to meet and socialize with your neighbors. Look for these common amenities in your Florida condo community:

  • Pool
  • Firepit
  • Patio
  • Viewing deck
  • Clubhouse
  • Putting green
  • Bocce ball court
  • Lounge areas
  • Outdoor grilling area
  • Fitness center
  • Wet bar area

Reputation

If a condo community has a bad reputation, there’s a reason for it. This is the home you plan on living in throughout your retirement. You need to choose a place that holds itself to high standards and has a positive reputation.

You can start by reading testimonials. Then you could also read reviews online. Finally, you could talk with current residents about their experiences.

Buying a Condo With a Checklist Is Easy

Buying a condo with a checklist will make the entire process smoother and easier. You’ll be able to narrow in on the essential qualities that the condo, community, and surrounding neighborhood must-have.

This will help you make the right choice the first time. That way, you can transition into retirement when you’re ready.

Contact our knowledgeable team and let us guide you through the condo selection process.

2020-05-28T17:31:49-04:00