• Life Style

Finding the perfect retirement home

• 1 Month Ago - 2025-02-27 15:00:00

Finding the perfect retirement home is about more than just downsizing. It’s about securing a space that suits your lifestyle, budget, and future needs. Careful planning is key to making the right choice. From location and amenities to affordability and long-term comfort, there are several factors to consider before making this important decision.
Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, says that your retirement property is one of the most significant purchases you’ll ever make, as it will shape your quality of life in your later years.
“Unlike other property investments, this home needs to cater to both your current lifestyle and your future needs, ensuring comfort, security, and accessibility as you age. A poorly chosen retirement home could lead to financial strain, unnecessary maintenance hassles, or even the need to move again, which can be both costly and stressful,” he highlights.
According to Nadia Aucamp, Broker Owner at RE/MAX All Stars, retirees often have high expectations, especially when it comes to newer estates and villages that may come at a premium price. “While they desire certain lifestyle amenities, these may not always align with their budget, which might require them to make some compromises,” she cautions.
When selecting a retirement home, Aucamp suggests that it is crucial to consider the following factors:
• Affordability: Retirees should ensure they don’t overcommit financially, particularly if they are no longer earning a regular income. Additional features are important but should only be considered if they fit within the budget.
• Local amenities: Is the home close to essential services such as hospitals, shopping centres, and airports? Access to these facilities becomes even more important as one ages.
• Size and maintenance: A smaller, low-maintenance home can reduce stress. Many retirees prefer homes that require minimal upkeep, so living in a complex might be more manageable than living in a free-standing home.
• Guest accommodations: If you’re moving away from family, consider whether you need a guest room for visits from loved ones.
• Care options: Will assisted care be necessary either now or in the near future? If so, a retirement village or old-age home might be a better fit.
“Security also remains a top priority for retirees, with many seeking homes in secure communities. Among the most popular choices are sectional title properties, as the levies cover outside maintenance, easing the burden on the homeowner. Ground-floor units with private gardens are especially desirable, making mobility easier as stairs can become more challenging with age. Additionally, pet-friendly properties are a must for those with furry companions,” says Aucamp.
Other desirable features that tend to work well for this age group include frail care facilities, tennis courts, paddle courts, and wellness programs like yoga classes are especially popular. “Shuttle services, on-site laundry, and even a hairdresser add tremendous value, making life more comfortable and convenient for retirees,” she adds.
“The process of selling a long-time family home and buying a new one can be emotionally and logistically challenging. Providing support during this transition, whether through family or professional guidance, can make the experience smoother and less stressful,” she concludes.