One of the biggest decisions we face when it’s time to downsize is what kind of home will suit my needs and budget.
Option 1: Villa style townhouse Villas offer a similar feel to a house, often attached to only one other unit, and featuring open plans and full basements for additional living space. Most, but not all villas, are condominiums. Fees vary based on size and amenities. Option 2: Age restricted condominium apartments offer a secure living environment designed for mature adults. Most complexes feature one and two bedroom units with suitable amenities such as elevators, in-suite laundry, recreation facilities, to name a few. Condominium fees vary based on size and amenities. Option 3: Assisted living buildings offer a full-service lifestyle with daily meals, organized activities, on site management and health care services. Most have self-contained units with kitchens. Rents vary, but can be expensive due to the services provided.