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Stories Tagged - retiree
News
Aug. 30, 2017 | Barb Livingstone
Bungalow buyers
Single-level homes are in high demand among retirees planning for their future
For active senior JoAnn Fetzner, who golfs three times a week and travels widely, one-level, bungalow living was an obvious choice for the rest of her life.
For empty-nester Patti Clarkson, 54, who is easing her way into retirement, her recently purchased bungalow villa will be the perfect "forever home."
For both women, finding a single-level home was a priority – part of their long-term planning for possible mobility issues down the road.
For active senior JoAnn Fetzner, who golfs three times a week and travels widely, one-level, bungalow living was an obvious choice for the rest of her life.
For empty-nester Patti Clarkson, 54, who is easing her way into retirement, her recently purchased bungalow villa will be the perfect "forever home."
For both women, finding a single-level home was a priority – part of their long-term planning for possible mobility issues down the road.
News
Aug. 30, 2017 | Geoff Geddes
The upside of downsizing
Popularity of condo living among seniors is on the rise
When it comes to choosing a home later in life, age often brings thoughtful consideration of what really matters. More and more in Calgary, that wisdom is leading seniors to choose condominiums as the place to live out their golden years.
"Five years ago, when we tracked inner-city demographics, you saw maybe 1-2 per cent of seniors purchasing condos," said Oliver Trutina, vice-president of Calgary-based builder Truman.
"Today, that number is around 20 per cent. Since this is often their third or fourth home purchase, they know what they want and are asking for it."
When it comes to choosing a home later in life, age often brings thoughtful consideration of what really matters. More and more in Calgary, that wisdom is leading seniors to choose condominiums as the place to live out their golden years.
"Five years ago, when we tracked inner-city demographics, you saw maybe 1-2 per cent of seniors purchasing condos," said Oliver Trutina, vice-president of Calgary-based builder Truman.
"Today, that number is around 20 per cent. Since this is often their third or fourth home purchase, they know what they want and are asking for it."