Your kids are finally out of the house—So now what? what’s your next plan? You no longer have to rush around to football games or doing multiple loads of laundry a day. It’s time to think about yourself and where you want to live in this next phase of your life.
Many empty nesters take this time to either buy a new home in smaller communities, downsize their existing home, or invest in a vacation home. There are many things things to consider when house shopping now. Think about location—you don’t need to be next to a school, maybe you want to be in the city. Or maybe you’re ready to minimize your material needs and are looking for a simple 1-2 bedroom apartment at the beach for yourself when you want to get away for a weekend. These are just a few things to think about when you become an empty nester.
Who knows where this journey will take you?! This can be just as exciting as buying your first home. Here are a few popular plans for empty nesters to give you some ideas.
Luxury High Rise
If you’ve always lived in the suburbs and are looking for some excitement, consider a condo in the city. Living in the city gives you access to all the entertainment and excitement urban environments have to offer, while being able to go and unwind in your own space after a long day without the drive.
These homes are usually one story and built in the early 1900s. If you’re looking for some peace and quiet a country cottage could be the perfect escape from the business of the city. This type of home is what you would want to go to and be able to disconnect from everything and feed like you’re in another time.
This is the perfect idea for any new empty nester that is ready to kick up their feet and relax. Beach houses are a great vacation destination for families to meet up over holidays, get away for a weekend, and even rent out on Air BnB to make a little extra income. The most popular features of beach houses are wrap around porches that are perfect for outdoor meals, and are usually propped up above a garage that is perfect for some extra storage space.
Cabin in the Woods
If you’re an outdoors person and love the thought of natural environments, then a country home is the best choice for you! These houses are perfect for relaxing on the front porch with a cup of coffee and listening to the birds sing to the new day as you recharge your mental batteries.
There are so many roads you can take with being a new empty nester! Don’t feel the need to limit yourself to these four routes. Talk to a loan officer about your needs and keep an open mind as you start your journey.