There are many homeowners throughout Kerrisdale and Metro Vancouver who find themselves in the later part of their life. Many are not able to live in their own home any longer. The typical approach to listing and selling their homes may not be appropriate. Special real estate skills may be necessary to guide all parties through the process. You may be dealing with diminished capacities, family considerations, financial considerations and other compounding factors. In Vancouver and increasingly throughout British Columbia, your elderly family member will also have to deal with the difficult issue of affordability. This increases the need to deal very carefully and patiently with everyone who is involved. Doing so will ensure that the seller retains as much of the sales income as possible.
I meet a lot of elderly people when working in my neighbourhood, and I have the opportunity to talk with their adult children from time to time. From my conversations I’ve learned 3 areas of concern and objection that you may encounter when talking to your aging parents or loved ones about downsizing
There is a sense of identity and dignity that comes from being in the familiarity of your home. But many of these houses are older, dating from the 1930s to the 1950s. What are the challenges to growing old with dignity, and without worry of physical injury? Are there typical renovation challenges?
The discussion about growing old often centers around downsizing, retirement homes and assisted living, but for many people there are good reasons to grow old at home. A quick Google search will reveal many lists of reasons why you should consider staying in your home as you grow older.
You love living in your own house. It gives you a sense of independence and control over your life, but there are a few changes that would make your life so much easier. Do you know about the BC Home Renovation Tax Credit for Seniors and People with Disabilities?