Finding A New Nest: An Empty Nester’s Search for a Home

Empty Nester. Lifestyle Living. Moving Down. Right Sizing…What best describes what you and what you’re looking for?

Like it or not, these are all just fancy marketing names for all you baby boomers looking for a new home to fit your new lifestyle. Whatever you or they call it, you’re just ready to shed the home that you raised your kids in for something more your current style

So what’s important to you in a new home? One misconception that we always hear from non empty-nesters (like their kids!) is often that this move is ONLY about one floor living so you can get around easier now or in the future. Don’t get us wrong, we know this is a big part of it, but we know that’s not the only driver! The fact is that you are looking for a location to capitalize on this new found freedom. We’ve helped dozens of empty nester buyers looking for a new home and most often, the number one drive in their search is location because they want to be surrounded by things to do. Restaurants, walking trails, shopping, etc. so they can take advantage of the time they used to spend on their kids. This might not be in every case, but we’re seeing it more often than not!

Happy smiling family relaxing in autumn park

Of course, in addition to location, we know that you’ll be thinking about things like:

  1. Function Living Spaces – One floor potentially or maybe a future elevator
  2. No or Low Maintenance – Lock it and Leave it!
  3. Close to your kids: Lets face it, we might need you guys more than ever!

NOW, HOW DO YOU FIND IT?

Even though you have the exact idea of what you might want, finding it is a different story!  The search can be difficult because of the lack of options and inventory. That’s often why people come to us because of our less conventional ways to go about the search!

In fact, to make it a bit easier on you, we’ve outlined a few tips on how to go about your search:

EXISTING HOMES:

Most Buyers start off searching for Existing Homes because it’s the path of least resistance. It would be ideal to find a ranch style home with one floor living, minimal steps and that’s fixed up enough that you won’t have to do much to it. However, you’ll see that the inventory of homes like this is slim. Take Montgomery for example. Of the 51 single family home listings in Montgomery, only 7 are ranches, and of those 7, only 3 are existing homes.

TOWNHOMES & CONDOS:

Condo living is fantastic! You can lock it and leave it since there’s NO maintenance.  In areas like Montgomery, Blue Ash, Oakley, Hyde Park, there are quite a few new condo developments (and existing ones) to choose from. For instance, the Allora on Madison is an excellent example of a new community that has been a magnet for empty nester buyers. With low HOA fees, elevator options and located smack dab in the heart of Oakley, this development literally checks ALL boxes!

As you look as these options though, there’s a few key items to consider:

  1. HOA fees – These can range monthly from $100 to well over $600 so keep an eye on what they cost and what’s included!
  2. Functionality and size of your floor plan – If you’re coming from a larger single family home think about the culture shock of going from 4000 ft to 2000 ft.

In addition to the Allora, here’s a few links to some other options that are available now:

NEW CONSTRUCTION

We wouldn’t be called Build Collective if we didn’t mention at least a couple of new construction options! Take for example Orchard Trail in Montgomery. Designed for lifestyle living, this community caters to the empty nester crowd by designing ranch homes, an all inclusive HOA and maintenance fee and plenty of room for outdoor entertaining without the burden of taking care of more than you need.

Things to keep in mind:

  1. Cost Per Square Foot – Ranches tend to be more expensive because all or most of the living is on the first floor!
  2. Lot Width – This is the most important feature to consider if you’re looking at lots!
  3. Timing – Make sure you have adequate time to build, which can take anywhere from 6-10 months nowadays with the tight labor market

Here’s a Few Options to Consider:

Whichever option you choose, try to think through the transition and location. It’s also key to keeping an open mind. Sometimes the best options never cross your mind until they’re right in front of you!

And, as you search, we’re hear to help. Having a good agent on your side is pivotal as they can find ferret out options for you and make your purchase MUCH smoother.

Download Our Guide to Moving Down to help you as well!

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Making the decision to buy or sell a home can be an overwhelming. The team at Build Collective, Coldwell Banker West Shell can help you understand the process and make sure you get the most for your home in the shortest amount of time. Contact us at 513.686.7676 to get your new home journey started!

Sell Your Home in the Winter

Sell Your Home in the Winter

Sellers Wanted! Three Reasons Why Winter is A Great Time to List Your Home

The sun is shining (at least for today), and while the calendar says winter, the market says SPRING. With the holidays behind us, it’s time to get serious about listing your home. There’s no need to wait for warmer weather; getting your home on the market first can also mean getting it sold FIRST. 

Top 3 reasons to list NOW:

1. Buyers are hunting, and less inventory means MORE attention for your listing.

You’ve heard of the theory of supply and demand. With fewer choices on the market, there’s a greater possibility buyers will be giving your home a look (or a second, maybe even a third). Is it a great fit? Let’s hope. If it’s not, they’re more likely to consider making adjustments rather than waiting for the perfect house to come along (while they’re living in their cramped apartment or parents’ basement). Winter-time lookers tend to be more serious. Give them something to look AT (and never end a sentence with a preposition).

2. Lower inventory can also lead to HIGHER SALES PRICES!

“I want to sell my house for a lower amount.” (said no one ever). Put your house on the market now and you’re more likely to get full value. Why? One word: competition. You don’t have as much. With fewer houses on the market, potential buyers have fewer options to compare and are less likely to negotiate aggressively.

3. Less business can lead to a SMOOTH TRANSACTION.

Everyone gets busy during the spring and delays can be a huge frustration for both buyers and sellers. With fewer transactions occurring during the winter months, lenders, appraisers and inspectors have more time to focus on your property. Bypass those long lines. Get your house on the market early and put your listing in the express lane.

Bottom line:

If you’re ready to sell, there’s never a bad time to list your home, but don’t procrastinate (keep that New Year’s resolution). The buyers are out there. Let your house be the “new listing” getting everyone’s attention and let us show you how to do it.

Making the decision to sell your home can be an overwhelming. Brandi Schildmeyer, at Build Collective, Coldwell Banker West Shell can help you understand the process and make sure you get the most for your home in the shortest amount of time.

Broadway Brownstones – Active Living with ZERO Maintenance in Loveland!

Broadway Brownstones – Active Living with ZERO Maintenance in Loveland!

Have you been to Downtown Loveland lately? Regardless of whether you’re looking to buy a home, you need to get down there. It’s incredibly vibrant and keeps getting better each and every day! Even with so many vibrant city centers in the Greater Cincinnati area, Loveland stands on it’s own as one of the best with quaint shops and bustling restaurants…even in the winter time!

Now, we know that most of you know historic Downtown Loveland for the Little Miami Bike trail, which is of course, amazing! The scene trail stretches 78 miles up and down some of Ohio’s most beautiful terrain with restaurants and shops along the way.

But, the Little Miami Trail is just one small part of the why people love Loveland. (pun intended)  Below are a few of our favorites in Loveland that keep pulling us back (regardless of the great community we have listed right in the heart of downtown!)…

Can you image living next to all of that? Well, at Broadway Brownstones you can! Broadway Brownstones has so much to offer, and with with low maintenance living, you can focus on being active where it counts and when you want to! Here are 5 reasons to call Broadway home:

  • No Maintenance Living – Enjoy biking through Loveland, not cutting your grass
  • Loveland Bike Trail – 78 Miles… need we say more?
  • Historic Downtown Loveland – Picturesque and bustling!
  • Rooftop Decks – Views of the River and Downtown. Perfect for Entertaining!
  • Luxury Finishes – On rainy days, enjoy the the fine details throughout your new home.

What are you waiting for? Call Bob Hines, Build Collective at Coldwell Banker West Shell (513-260-0424) today to set up a showing at one of our units.

OR Visit the Broadway Brownstones Website to see each space and you could be out on the trail before you know it!