It's an often-reported fact that Winnipeg's population is aging, and as such Condominiums are becoming quite popular. In fact, there are numerous advantages to owning a condo.
[caption id=”attachment_1197” align=”alignright” width=”240” caption=”Photo by Jonathan Grundy on Flickr http:[email protected]][/caption]
A separate segment of condominiums are the 55-plus Condos. These are units with bylaws which state that the owner/occupant of the unit must be at least 55 years of age. (Some 55-plus condos have dropped this age requirement down to 50 yrs, in an effort to attract more buyers). By the way, only ONE of the owners of a suite needs to be of the specified age. For example, if the wife is 55, and her husband is 42, they qualify….. and I must add, “Good for Her!!!!”
For the right person, there are a number of advantages to these 'age-specific' condominiums. Here are a few:
1) Security: Many of these 55-plus condos are built with security in mind, sometimes with security cameras but almost always with good secure locks on well-lit entry ways.
2) Handicap accessible: Many buildings feature wider-than-normal hallways, doors and bathrooms, to allow access via wheelchair or walker.
3) “Community Spirit”: Quite often, the residents organize weekly pot-luck dinners, shopping trips, card-games and other outings.
4) “Birds of a Feather”: Since everyone in the building is 55-plus, and most often retired, residents tend to have a lot in common, and friendships are made easily…. if you WANT to do so.
5) Conveniences: Local grocery stores often arrange weekly bus-trip to their shops. Some condos arrange for a local nurse to attend monthly, or bi-monthly for a general visit.
6) Amenities: 55-plus buildings often feature amenities not found in regular condos. Things such as a library, a meeting room, a lounge with kitchen, a fitness room and more.
Home-owners who are thinking of selling their houses for a variety of reasons (want to travel, no more yardwork, security issues), but don't feel they are ready for a retirement community, might well consider checking out a 55-plus Condominium. There are a growing number of such communities in Winnipeg. For a sample list of addresses which feature “age-restricted' condos, click on '55-plus condominiums”.
In addition, there is a brand new building, which (at the time of this post) has a couple of suites for sale. To see one of these listings complete with interior photos, click here.
If you're thinking of selling your current home, and wish to discuss your options, please call me anytime. Bo Kauffmann at Remax Performance Realty 204-333-2202.