| Real Estate & Property Management Services

Falls Church realtors — Byron condominium is located in Falls Church VA

If you're approaching retirement, or just had it with the big-house lifestyle, it might be time to down-size. Here are some thoughts to consider when downsizing:

Consider a short-distance move for familiarity. Plus, a shorter move can be cheaper.
If you're moving out to a new county or state, check the property taxes. This is especially important if you're on a fixed income.
Look for handicap features that you might not need now but which may you if your health or physical abilities decline.
Think about sharing space with a younger (or older) family member.
Insist on good security in the new property.
Look for a home that doesn’t require a lot of maintenance.
Ask about energy efficiency. Utility bills will go up but a fixed income does not.

For more information or to set up an appointment call Julie at (703)765-0300.

This article is reprinted by permission from CondoBenefits.com

Advantages

Condos on average are more affordable then other types of housing.
Maintenance of the exterior of the building will be take care of.
The peace of mind living next to neighbors if help is needed.
Condos can be located in major cities surrounded by restaurants, night clubs, and local bars.
Many condos offer a pool, gym, and basketball/tennis court for those who are active.

*Bonus* Condos are often located in high rise building making for spectacular views.

Disadvantages

1. There are condo rules by the condo corporation that would have to be followed.
Condos can have additional fees such as corporation fees.
Only your interior walls inward are own by you (depending on which type of condo you own.)
You will have to share the pool, gym, and basketball/tennis courts will your other neighbors.