Taking the plunge and purchasing your future retirement home can be an exciting, yet nerve-wrecking experience. This purchase will be a lifetime commitment and be the location of the rest of your beautiful life. As exciting as this purchase is, making sure that you make the right decisions for the present and years to come is absolutely essential. Here are some things to consider as you choose your Florida Keys retirement home.
Determine How Much House You Can Afford
Although money may be abundant at the present, remember that once you retire it is likely you will be living on a set income. This income must cover home expenses, utilities, taxes and daily needs. Choosing a home you can afford now, but not later can lead you as a homeowner down a stressful road. Meet with a financial advisor to determine what your budget is and how you can afford expenses down the road.
Choose a Home that Is Handicap Accessible
No one wants to think about the possibility of immobility in the future, but it is a reality for many retirees. As the years pass, it may become more difficult to move around. Choose a home that will be mobility-friendly for years to come such as a one-story home, a home with a handicap ramp, or a home with an elevator. Also consider the height of bathtubs and other areas of the home that you will have to tackle.
Proximity to Necessities
Be sure to consider the drive or flight times to see family, drive to doctors and hospitals, and stores needed. Most of the Florida Keys is within an easy drive to all needed items, but determining what is the most important to you can help you determine what key to choose as home.
Determine what is important to you about living in the Florida Keys. If you enjoy boating, be sure to look for homes with water accesses or dockage. If you enjoy the downtown area consider homes in the Key West area or in the center of keys. All of these important items can make a difference in your enjoyment of the twilight years.
Ready to start your search today? Sellstate Island Properties is the leader in Florida Keys real estate and Key West real estate. Learn more today!