Should You Buy a New Home When You Retire?

Published On: November 24, 2021|Categories: Blog, Buyers, Retirement|Tags: Should You Buy a New Home When You Retire?|

When it comes to retirement, there are many different things to consider. One of the most important questions you may have is whether or not you should buy a new home when you retire. This is an important decision and one that requires careful thought and consideration.

For some retirees, buying a new home is a great way to start their retirement. It can be an exciting time as they prepare to move into a new living space and make it their own. A new home provides the opportunity to start fresh and to create a lifestyle that works best for them.

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On the other hand, there are some downsides to buying a home when you retire. Retirement typically means fewer sources of income, so buying a home can be an expensive undertaking. There are also other financial considerations to keep in mind, such as taxes and insurance costs. Additionally, there is the matter of upkeep and maintenance that must be done on a regular basis.

Ultimately, the decision to buy a new home when you retire is one that needs to be made on an individual basis. It’s important to weigh all the pros and cons before making a decision, as this will help ensure that it is the right one for you. If you take the time to consider your options carefully and make an informed decision, you can be sure that your retirement home will be a great choice.

When only the best will do! This exciting new listing is located on a large corner lot in the highly sought after community, 24/7 gated community of Arbor Greene. Beyond the primary security gate, an additional gate ensures enhanced security. This captivating new listing offers 4 bedrooms + office, 3 bathrooms, spanning 2,984 square feet, and features a sparkling pool. From the moment you arrive you will be captivated by the home's impeccable curb appeal, highlighted by charming column accents and fresh landscaping. Upon entering, you are greeted by an expansive formal living and dining areas, newer contemporary lighting, and designer perfect touches throughout.The gourmet kitchen is a chef's dream, featuring 42-inch white staggered raised-panel cabinetry, granite countertops, custom stone backsplash, a kitchen island with additional storage, stainless steel appliances, and a convenient breakfast bar. The kitchen seamlessly transitions into the cozy family room, adorned with custom built-ins, elegant column accents, and 8-foot sliding glass doors leading to the serene lanai. Retreat to the luxurious primary suite at the end of your day, boasting private access to the lanai, a spacious walk-in closet, and a lavish en suite bathroom. The en suite is a spa-like oasis, equipped with dual vanities with fresh contemporary paint, a relaxing garden bathtub, and a separate step-in glass shower. Tucked away at the rear of the home is a generous bonus room, flooded with natural light, offering additional closet space, and serving as the perfect versatile space for a playroom, exercise room, or home office. The secondary bedrooms are equally spacious, each offering ample closet space for added convenience. Step outside to your private sanctuary on the screened paver lanai, where you can unwind in tranquility and enjoy the peaceful ambiance of your own personal oasis. A significant upgrade in the garage includes a NEMA 14-50 outlet that can be used for a backup generator, EV Charging, or an RV outlet. The solar panel warranty will also be transferred to the new owners! Arbor Greene offers an array of exceptional amenities, including Har-Tru Clay Tennis Courts, Pickleball, a Fitness Room and Studio, a Fitness Pool, a Resort Pool with a Gathering Room, playgrounds, and tot lots, all nestled against the backdrop of a picturesque lake. With over 20 miles of interconnected walkways, accessing each amenity is effortless. Welcome home!

$745,000 Active

10201 Cypress Links Drive Tampa, Florida

4 Beds 3 Baths 2,984 SqFt 0.410 Acres

Welcome to one of South Tampa's most elite waterfront neighborhoods. This estate stands as a treasure of unparalleled luxury in the heart of Sunset Park. This elegant custom-built residence, completed in 2020 was meticulously designed and built by Hughes Construction. This home is a true retreat blending relaxation and luxury, all while showcasing and accessing the best of Tampa Bay. As you step through the entry door you will be fascinated by the thoughtful craftsmanship that has been woven into every corner of this home. Double-volume ceilings and rich wood floors create an ambiance embellished by the water's edge and timeless sophistication. This gorgeous home boasts 5 bedrooms and 7 baths. The heart of this home resides in the chef's state-of-the-art kitchen, designed with top-of-the-line appliances, including Sub-Zero Refrigerator, and Wolf kitchen appliances complemented by exquisite countertops. No detail was overlooked in creating this culinary haven. The kitchen and main living spaces seamlessly flow outdoors, perfect for entertaining and capturing captivating sunsets, with pool, spa, and an outdoor kitchen including optional custom remote screens. Whether it's a leisurely cruise, a paddle board excursion, or fishing at dawn, the Bay is your perfect playground. The second level is a haven of rest & private relaxation with the primary suite featuring a private porch overlooking the pool and canal. In addition, it features a luxurious modern bath, and a custom walk-in closet that will satisfy even the most avid shopper. This property promises a luxurious and relaxing-like feel, despite being moments away from the city's prime locations. Why wait to build when you have this rare opportunity to acquire a recently constructed masterpiece on a waterfront lot in this highly sought-after neighborhood offering deep-water dockage. Offering convenience to Tampa’s popular International Plaza, Tampa International Airport, the Westshore Business District and to Tampa’s best private and public schools, you’re less than 5 miles to shopping, dining, beaches, sports and cultural venues. The ask price INCLUDES both furniture AND the Everglades Center Console boat that already awaits you inside the private boat lift.

$6,499,000 Active

5120 W San Jose Street Tampa, Florida

5 Beds 7 Baths 6,252 SqFt 0.260 Acres

$535,000 Active

19207 Cinnamon Ridge Way Tampa, Florida

4 Beds 2 Baths 2,581 SqFt 0.190 Acres

Welcome to your dream home in the desirable South Tampa neighborhood of Bon Air/Gray Gables! This charming residence boasts a perfect blend of comfort and sophistication, from the luscious landscaping to the luxurious modern upgrades. The property is situated in the highly sought after Grady, Coleman, and PLANT school districts and requires NO FLOOD INSURANCE. The home offers an OPEN-CONCEPT floor plan with a total of three bedrooms and two full bathrooms, providing comfortable accommodations for family members or guests. Prepare to be wowed by the thoughtfully designed DREAM KITCHEN with an expansive center island, granite countertops, a contemporary backsplash, upgraded cabinetry with crown moulding, and a built-in pantry. Fully equipped with stainless steel appliances, a gas range, a vent hood, and a single-basin porcelain sink, this dual-tone kitchen is picture-perfect. Adjacent to the kitchen is a formal dining room, enshrouded in windows for added natural light. The separation of the formal dining room is perfect for intimate dinners and festive celebrations alike. The kitchen also overlooks the spacious family room, which showcases a cozy NATURAL GAS FIREPLACE on the built-in entertainment system. The expansive owner’s retreat features vaulted ceilings, an enormous walk-in closet with custom built-ins, and a luxurious en-suite bathroom. The en-suite features dual sinks, a vanity station, a SOAKING TUB, a spacious WALK-IN SHOWER, and a separated water closet. The secondary bedrooms feature ample closet space, and share a conveniently located hall bathroom. A pair of french doors lead you from the family room onto the rear deck, where the the FULLY FENCED backyard and mature landscaping create a private outdoor oasis. Stepping down from the rear-deck onto a paver patio, you’ll have ample space for al-fresco dining, entertaining, and relaxation. Moreover, the rear portion of the patio contains an OUTDOOR KITCHEN, fully equipped with a grill, a PRIMO Extra Large Oval Kamado Grill & Smoker, an outdoor fridge, and counter/serving space. Combine this kitchen with the abundant space for outdoor relaxation and you’ll have the perfect spot for summer barbecues, casual gatherings, or whatever your heart desires. The entire front and back yards are also fully equipped with newer sod and irrigation. The home also has a long driveway, a carport, and a built-in shed for extra storage space. Best of all, this home is located just minutes from popular shopping, restaurants, cafes, and lifestyle -- in addition to being in proximity to Downtown, Tampa General, and Tampa International. Don't miss the opportunity to make this charming and updated South Tampa residence yours today.

$760,000 Active

3603 W Platt Street Tampa, Florida

3 Beds 2 Baths 1,930 SqFt 0.170 Acres

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