For many seniors the idea of downsizing and moving into a smaller home can be daunting and warrants a lot of consideration before taking the leap.
Whether the property is too much to manage, the kids are grown and gone, you’re looking to travel, or you simply want a smaller living space, it is important for home owners to do their homework before making any final decisions.
“There is so much for a home owner to consider when they are thinking about downsizing,” said Cathy Rocca. “It’s important to look at the decision from all angles and to utilize all of the resources that are available.”
Below are some considerations that might help in the decision making process.
The market: What are the real estate trends in your area? Will you be able to make money on the sale of your home? Working with a seasoned realtor will give you a good idea of what the possible sale of your home will look like.
Personal finances: Go over your finances thoroughly. If you’re on a retirement or fixed income and your savings aren’t enough to give you security, then the profit from the sale of your home could give you a bit of a nest egg.
Property payments: Depending on where you live, your property taxes might be quite high, taking a substantial amount out of your budget or savings. Assess whether or not those expenses would be reduced if you were in a different neighbourhood or on a smaller lot. A realtor will be able to give you some insight into this.
Don’t be hasty: Take assurance from the fact that you can take your time in figuring this out. Meet with your realtor to get a sense of the work you would need to do, and to get a better understanding of what you need from the sale of your home and in the purchase of your new place.
Spring is almost upon us and in just a couple of weeks we will be celebrating Easter! As children eagerly anticipate the arrival of a certain festive bunny, the Rocca Sisters & Associates are proud to once again be the presenting sponsor with Museums of Burlington’s Sp’egg’tacular Easter Event on Sunday, April 9 from 11 am to 3 pm.
Hop on over to Ireland House at Oakridge Farm, at 2168 Guelph Line in Burlington, for this family-oriented event that’s fun, festive and a memorable time for all!
The Rocca Sisters & Associates are thrilled to provide our community the opportunity to celebrate the arrival of spring, community spirit and of course Easter!
“One of the ways we can thank our community is to invite everyone to join us at the Sp’EGG’tacular Easter Event at Ireland House on Oakridge Farm FREE of charge,” says Tanya Rocca.
Egg-citing activities will include an Easter egg trail and visits with the Easter bunny. The trail will be open from 11 am to 3 pm for all ages. Kids can find three of the same-coloured eggs in order to complete the hunt. Once collected, they can trade their three eggs for a treat bag! And, if they find a golden egg they will win a special prize!
“We have it on good authority that the Easter Bunny is feeling extra generous this year, so get those bunny ears on, bring your best Easter basket, and keep your eyes peeled for lots of eggs!” adds Cathy Rocca.
Be sure to leave time for the family friendly activities including Bricks 4 Kidz lego activity station, Comedy Magic Show at 2pm, crafts, games, face-painting (this is always a hit with the kids!) and more. Museum tours, silent auction, vendors, Horticultural Society spring wands and more! A delicious spring BBQ and other refreshments will be available. Be sure to visit the Rocca Sisters & Associates’ tent in which children will receive a free giveaway!
Admission is free but donations are welcomed and will go to supporting the children’s educational programs and conservation of the museum’s collection.
“Ireland House Museum is a local treasure with wonderful educational programs and an incredible historic collection. We invite everyone to come out to this free event, and encourage residents to donate to the Museums of Burlington,” explains Tanya.
Ireland House at Oakridge Farm is one of the oldest heritage homes in the community, and the Museums of Burlington bring past to present by fostering exploration and curiosity.
So, mark your calendars and bring the entire family for an Egg-tastic time!!!
For more information on the event, visit the “Upcoming Events” section of our website, www.RoccaSisters.ca. We look forward to seeing you there!
With home improvement and real estate television shows gaining popularity, potential home owners have access to a vast amount of information. Whether it be learning about the latest trends in flooring, countertops, home layout or even décor, the information is not only accessible but plentiful.
With all this information available at the click of a button, potential buyers begin to form concrete ideas of what they are looking for and can, at times lose sight of the bigger picture. While an open concept floor plan, new fixtures and updated appliances might be at the top of one’s wish list, real estate experts will often remind their clients of the old adage ‘location, location, location.’
“Every potential buyer has an idea of what they are looking for in a home,” says Cathy Rocca. “It’s part of what makes the search so exciting for many people, but it’s important to factor location into that wish list.”
The location of a home can have a positive or negative impact on the value of a home and it is possible to purchase the right home in the wrong location.
“Finding our clients a home in the perfect location is always a thrill for us,” said Tanya Rocca. “Whether it’s in their preferred neighbourhood, is within walking distance to their favourite shops, or if it offers a great view, we always want to get the location just right.”
So what should a home buyer do if they have found a home in their perfect location but it doesn’t meet every item on their list? Consider prioritizing what is most important and what are the absolute must-haves. Home owners can always alter a home’s layout, remove wallpaper and paint, and can easily replace fixtures and appliances, however you cannot move your home.
Looking for a home can be an emotional process, but by creating a clear outline of what is important in the home search, buyers will be able to see their housing needs as a bigger picture.
The Rocca Sisters have built a solid reputation for serving their clients with a high standard of professionalism. Their full service, highly responsive, executive team of professionals are deeply committed to providing timely, ethical and comprehensive guidance to your home buying experience.
Contact the Rocca Sisters & Associates today and let their personal approach and proven results surpass your expectations.