Downsizing your Home for Retirement

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The advantages of downsizing to a laneway house as a retiree

You can do a whole lot with the money you save from downsizing your home during retirement. The very idea of finding a new home presents another adventure to keep you active as you adapt to your new lifestyle as a retiree. A laneway house provides these benefits and many more to retirees.

laneway house allows you to explore the fringe area of a lot for a more cozy, cost-effective housing option. It allows you to have access to all your favorite amenities in a space efficient manner, including a parking lot and a patio. It also allows you to save up on mortgage costs, energy costs, and other utility costs. What’s more, it’s a viable investment option; you can receive a steady stream of income by renting it out. On of the main benefits is families staying closer together across generations leading happier and healthier lives.

The following is a rundown of reasons why you should consider downsizing to a laneway house as a retiree.

The opportunity to own your dream house


At whatever instance, turning a new chapter in your life might require holistic lifestyle changes. This is even more true with retirement. There’s no better time to acquire the home of your dreams than when you’re adjusting to your new lifestyle as a retiree.

Proximity to Favorite Facilities Loved Ones

laneway house presents an opportunity to own a home that’s highly convenient. It can bring you closer to social amenities and public facilities which your previous home was far-removed from. It also allows you to move to a location or community of your choice, where you can keep in close touch with friends and family.

Safety and Security:

When building a laneway house in Vancouver, you’ll find it easier to install safety and convenience measures you need in place as you age. It’s easier to install rail guards and other things that can help enhance your independence and mobility in your new home, in comparison to carrying out refittings in an old home. Ceiling lifts that are planned for in the future enable for easy install at the time when they are needed

Convenience and reduced stress:

With all the advantages that you can get from a laneway house, it’s easy to see how it can make you live out your twilight years with greater convenience and peace of mind. You’ll get to enjoy life with a lower utility cost, and in close proximity to the people facilities you love with a laneway house.

Environmental friendliness

With a smaller space, you’ll get to enjoy life with a much lesser carbon footprint. The lower carbon footprint that results from living in a laneway house can qualify you for green incentives in Vancouver.

Space-efficiency:

laneway house provides you with as much space as you need to enjoy a healthy, and socially vibrant lifestyle. You’ll have space for cooking, doing hobby work, entertaining friends and family, and for doing just about anything you’ve been doing in your previous home.

Is a Laneway House a Suitable Option for your Retirement?

A laneway house is a prudent choice for retirees in Vancouver. It can help retirees deal with issues bordering on finances, independence and health, and staying closer to family. At Silvercrest Custom Homes and Renovations, we’ll help you make the best choices when building a laneway house.