When planning for retirement one thing that needs to be considered is downsizing. Your parents said their next move would be to 'the home' but that just isn't the case for the retiree of today. With better health and active lifestyles, 'the home' is a long way off. The family home that served so well to raise your children is no longer a good fit for your lifestyle. A house that once was bursting at the seams is now too large for two people. This means cleaning and heating all the rooms you no longer use.|
What are the options available to retirees or those planning to retire?
You can build a smaller home that better suits your current and future needs. The fist thing you will find is that even though your home has grown in value, in most cases existing homes have not kept up with the cost of building a new home. You may find yourself paying more for a new smaller home than you can sell you big home for.
Buying a pre-existing home may be more affordable but probably won't shorten that maintenance list any.
Brison Developments, who have been involved in land development and home construction for the past 25 years, sought out a new alternative for the Valley area. After 2 years of working with the municipality and doing a lot of research, they have started Windsor's first fully services land lease community. The Crossing will close the gap between affordable homes and quality, maintenance-free living.
What is a land leased community?
Land leases are very popular in Europe, as well as many parts of the United States, particularly in Florida and other Snowbird locations. However, some people are discovering the advantages of leasing for the first time. In a land leased community, you own your home, and you lease the land it sits on. This creates a very different relationship between you as a homeowner, and the developer as the community owner.
You are in it together for the long haul. Once the home is finished, the developer remains as the landowner, with all the responsibilities that this entails.
Modern Land leased communities are specifically designed for relaxation, peace and quiet, with social activities and clubs for those who so choose. Other communities can change radically in character over time as homes change ownership with no controls. Because land leased communities remain privately owned, the character of the community will be maintained over time. They have rules and regulations to be followed to ensure quiet enjoyment of the community by everyone.
Brison Developments has made a substantial investment in The Crossing and will be working hard to protect their investment and yours by ensuring that community standards are met and constantly improved. This community will fill the void in the housing market for people looking to downsize not only their home but their expenses as well.