A Shallow Focus On The Old Lady

Handling Your Home When Moving to Assisted Living

ByAaron Champion Updated on
A Shallow Focus On The Old Lady
Image via Pexels

The decision to sell your home in Naples, FL, and move into assisted living is important and can help make your life and golden years easier. Consider many things consider when you think about selling your home, renting it out, or gifting your home to family.

Pros and Cons

Taking the time to understand the pros and cons of your options will help you to make a decision that’s best for you now and well into the future.

1. Home Pricing Trends and the Market

If you’re considering a move, starting your transition is important by looking into home price trends in your area. If you’re living in an area with a seller’s market, now might be a great time to sell, whereas the opposite could be true in a buyer’s market. Consider equity and location, too.

The average Naples home sells for $699,000. You’ll want to think about the equity you have in your home and whether the timing is right to sell based on the fact that Florida homes sell best in winter months, particularly December. 

When considering the market in your area, ask yourself if selling your home and its equity will be needed for your stay in an assisted living facility. This could help you decide what to do regardless of current pricing trends. In a buyer’s market, there are options to consider that could help you make back the most out of your home in the long run.

2. Selling, Renting, or Gifting

If it’s not the right time to sell, you’ll want to look at ways to maintain your property while moving to assisted living. In some cases, gifting a home to a relative can be helpful. Your home will remain in the family but won’t be used to determine your long-term assets.

Some seniors rent out their homes instead of selling them during a buyer’s market. This can be a great way to earn a passive income while waiting for the market to turn around and could help pay your assisted living costs. However, if you rent your property, you’ll still need to deal with home maintenance headaches.

3. Types of Facilities

As you consider selling your home to move to assisted living, you need to know the costs and payment options of the facilities you’re considering. Look at online reviews and talk to friends and family in your area to learn about other people’s experiences.

Not all facilities are the same. An assisted living facility is different from a nursing home in that a nursing home provides 24/7 skilled nursing care for medical issues, whereas assisted living facilities are less hands-on. Talk to your healthcare provider and family members to help take an honest look at your current and future senior housing needs.

4. Golden Years and Peace of Mind

Your decision to downsize and sell your home in Naples, FL, as you move toward assisted living will help take the stress away. To begin preparing your home for sale, visit Junk Removal Advice, and you’ll be well on your way to peace of mind.

Similar Posts

Furniture Removal

Lessons Learned About Furniture Removal in the Junk Removal Business

ByAaron Champion Updated on

You may have a big house, but if you think of the furniture as an obstacle that’s taking up space, then you probably feel cramped. Furniture removal in your home is essential if you want to make your living space feel bigger. If you’re moving into a new home, or if the room needs some renovation, getting rid of old and unused furniture can open up so much storage space. But what do you do with old and bulky furniture? The junk removal business can help! You see, removing that old sofa or table will not be enough. You’ll also need to remove it from your property, which means hiring a junk removal company to take care of the rest for you. Here are 5 tips for starting up the business and getting a good start:

junk-hauling-naples-fl

What You Know About Junk Removal And What You Don’t Know About Junk Removal.

ByBrandon Louisseize Updated on

because of the inconvenience they bring. You might have to think of a method of disposing of your junk safely.

Unfortunately, you may not be well equipped to handle the junk or know where to dispose of it. Asking around can give you a few pointers on where you start. However, some legal restrictions could bind you making it mandatory for you to hire junk removal specialists.

gutter cleaning

A Gutter Cleaning Checklist for Spring!

ByBrandon Louisseize Updated on

Time flies when you’re having fun (or fiberglass in your face). And before you know it, winter is over and the birds are singing again. You might not think spring will bring much to your gutter-cleaning routine, but you’d be wrong. There are a few changes that come with the arrival of springtime that you should take into account if you want to have an easier time cleaning your gutters this year than last.

Furniture Disposal Near Me

Furniture Disposal Near Me – Behind the Scenes

ByAaron Champion Updated on

So you’re moving out of your apartment and into a new home. You won’t need the old place for a few months, so what should you do with all those pieces of furniture? Your first inclination might be to throw everything away. After all, you probably don’t have space for all of it in your new place, and leaving it in storage is an expensive proposition. However, there are other options. You can sell some things, give others away to friends or neighbors, or find some company that will come and take everything off your hands. Disposing of furniture isn’t easy but fortunately, it’s not a difficult task either. Let us walk through the process step by step:

construction company

5 Reasons You Should Hire a Local Construction Company for Your Next Home Improvement Project

ByBrandon Louisseize Updated on

If you’re planning on doing some home renovations or adding a new feature to your home, you might be inclined to hire a general contractor. In most cases, this is the right way to go. After all, hiring a general contractor means that one person will be in charge of ensuring that your project goes smoothly and on time. However, if you’re hoping to save money and reduce the hassles of managing workers at the same time, you might want to consider hiring a local construction company instead. In this blog post, we will discuss why general contractors are great for large renovation projects and why hiring a local construction company is better for small projects like adding an outdoor kitchen or finishing your basement.