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Why Downsizing to a Condominium Should Be Your Next Move

Downsizing to a Condo Should Be Your Next Move

Trading a single-family home for condo living is becoming an increasingly popular decision. Parents with all of the kids grown and out of the four or five-bedroom house with the sprawling lawn are left with too much space and countless hours of home maintenance. Downsizing to a condo gives the perfect amount of space and eliminates responsibilities like grass cutting, garden tending, gutter cleaning and snow shoveling, which frees up time for family activities and personal hobbies. Condos are often much cheaper than single family houses. The opportunity to live on the waterfront close to urban amenities and recreation at a fraction of the cost and virtually maintenance free is hard to ignore.

Commencement Bay views from Point Ruston

Savings Increase with a Scaled-down Lifestyle

Condominium living offers homeowners financial benefits as well. If you’ve paid off your mortgage, selling your house for a less-expensive condo means that you’ll have a big chunk of cash at your disposal. This could be used to supplement your retirement income or fund that dream trip around the world. Even if you haven’t paid off your mortgage, you may be able to reduce or eliminate a high monthly payment. Downsizing often means a decrease in property taxes, too. Taking advantage of the 8 year property tax abatement that is offered at The Baker Condominiums saves you thousands of dollars and adds to your available monthly income. Condo living also encourages thrifty spending with a smaller, neater living space in mind.

Baker Condominiums

The water view homes at The Baker Condominiums sold out at a record pace, and the village view condos are following quickly with only 7 remaining. With a village view condo, you enjoy all the benefits of living in this waterfront resort-style community at a more affordable price. Eat, shop and play at the water’s edge just steps from your front door. The Baker Condominiums offer top quality finishes, secure access building and private parking garage plus community lounges available for everyday use and rentable for private gatherings. Make the most of your downsized lifestyle at The Baker Condominiums.

 

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