As you get older, so do your children, and then theirs as well. Majority of children choose to move out of parent’s homes before college, and at this point many parents are about to hit that 50+ age mark.
If you own your home and your children are now grown, what’s the benefit of having a larger 3+ bedroom house at this point? To pay a high mortgage, pay expensive utilities and keep up with the yard? Sure, you’ve owned your home for a decade-plus now, and you have more than likely created some equity for yourself, which is why it makes perfect sense to sell your home after your kids move out and buy a nearby Atlanta condo for sale that suits your lifestyle better.
A Booming Housing Market
Perhaps the best reason to sell your home right now and move into a condo is the fact that the Atlanta market is in such a good place for homeowners to sell. 2021 has shown a year-over-year increase in housing demand and home prices, with a decrease in the available home supply. What this means is that now is the perfect time to sell your home if you want to maximize proceeds.
The fact that there aren’t enough homes available and so many people are looking to buy also means it’s easier to sell your home when the time comes. You don’t have to worry about leaving a listing up for several months on end with no offers. Instead, you can expect to get plenty of offers and find a buyer for your home in little to no time – and if you don’t want to deal with the hassles of selling your home on the market, there are iBuyer companies that will provide you with a cash offer within 24 hours.
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Throughout the last 30 years, you’ve had very important belongings that you’ve hauled from home to home, place to place, and room to room. Moving into a nearby Atlanta condo has many perks, one of them being that you can begin to downsize and simplify your life a little bit for what matters most to you.
One of the best ways to downsize is to get rid of your large home and some of the stuff that’s filling it up. If you have a three-bedroom home but you’re the only one living in it (maybe with significant other as well?), you’re adding unnecessary stress to your lives. A larger home means higher property taxes, more time spent getting around and a lot more time spent cleaning.
Condos Offer a New/Fresh Community
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Finding ways to stay busy as you age is important, and one of the best ways to do that is to find a good community you can spend time with. One of the coolest parts about living in a condo in Atlanta is the fact that you have a built-in community that you can spend time with.
Condos vary a lot in terms of amenities, but it’s not unusual to find condos with a nice pool, as well as tennis and racquetball courts. Some condos may also have gyms and small parks for fishing and keeping your daily step count up. These areas give you a place to spend time to meet and get to know your neighbors, which is perfect if you’re looking for ways to stay busy.
Some people may want to consider a 55+ community, too. If you’re looking for a quieter, more relaxed pace, these communities are a great change from a home – many of which have great amenities for individuals whose children have moved forward and onward in life.
Make the Move
Selling a home in Atlanta this year is about as easy as it gets. Not only can you sell your home quickly, but you can also get a great price for it. Even better, you can move to a nearby Atlanta condo for a better sense of community and a smaller, more manageable living situation. If you’re thinking about selling your Atlanta home, downsizing and moving into a nearby condo, 2021 is the perfect time to make the move.