Sometimes downsizing from a large family home to a smaller retirement home is easier said than done. People often underestimate how much stuff they have accumulated until they actually go through it. That's why we have taken the time to outline four mistakes that could keep you from making your dream of downsizing a reality.
Many people enjoy indoor gardening, whether they live in a house, an apartment, or a condominium. We spend about 90 percent of our time indoors. Incorporating plants into your home is not a replacement for the outdoors but a good compromise. There are many different plants to choose from that will go best with your home. Plants create a soothing and pleasing environment. You spend most of your time indoors, so why not make a beautiful living environment. Adding plants to your home will improve your health and overall happiness.
We all need a roof over our heads to rest, sleep, share a family dinner, etc. In reality, family home is a lot more. For high-profile celebrities, like singers, actors, and even politicians, the family home is a source of branding, a sanctuary from the outside world and a space where these high-profile people get together. For a family with young children, a family home takes a whole different meaning. A home is a gathering location for a family to come together, the one place you are surrounded by those that care for you and give you a sense of belonging.
Everyone will agree physical and mental health is an essential component of a happy life. Physicians and psychologists emphasize the role of exercise and social belonging as a necessity to achieve mental and physical health, regardless of age. You may agree that social belonging and physical activity are more important for seniors. Yet they may have less access because of the circumstances. In this article, I propose how living in a condominium can facilitate such activity and benefit our aging population to stay healthy.
The condo maintenance fee structure can be complex because many underlying details need to be looked at to make sense of it. There is no easy comparison among condos. It is somewhat similar to buying a car. The price of a medium-size family car can range from 25 to over 100 thousand dollars. How do you go about comparing these cars to account for such a price gap? The car manufacturers list all the options, extras, and advantages such as luxury items, safety features, horsepower, and brand to explain the suggested price tag.
You may have heard the old saying, "numbers do not lie," and this is one idea that you can take to the bank. Interestingly, there seems to be a common quality among self-made wealthy individuals. They have a good sense of numbers. As any savvy real estate investor will tell you, they are avid followers of real estate market reports.
Young and Sheppard (Willowdale East) condominium HPI: There is a 25% price increase in the 12 months from January to December 2021.
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With so many people working from home these days, the idea of the home office has changed a bit. While some have a dedicated space for their computer and other tools, others work from their couch to supervise the kids. In the long run, it pays to have an office at home because there are many tax benefits and write-offs that come with such a space.