Downsizing... Could it be your
answer to retirement?
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Have you considered Downsizing your
home to make ends meet in retirement?
It is no secret that the majority of
Americans are reaching retirement age. Downsizing
is picking up steam. Many of us will be forced to
downsize in more than one aspect... our homes, our
automobiles, our diet. With the ever growing price of
food soon we won't be able to afford to eat unless we
take alternative measures. To remain mobile
during this age of higher fuel prices we will have to
downsize our automobiles. Food and fuel keep
going up and there seems to be no end in sight.
Our dollars are buying less and less.
Selling the 5,000 sq ft. home and
replacing it with a 2,000 sq ft. home makes sense.
Building a smaller more efficient home that requires
less maintenance and energy is the way to go. By
building it smaller you can still afford to make it
charming while socking away money for retirement in the process.
When I think about building a new house
for myself the first word that comes to mind is
sustainability. Will this new downsized home
suit me as I grow older? During a time that resources are
more expensive and my income is fixed or not growing as
fast as inflation, gives me cause to worry. Will this new home
require less maintenance and be laid out in such a way
that lessens the burdens of old age.
First, a good idea still needs a good
plan. I would need to obtain a set of house plans.
You can find house plans in a variety of ways. The
most expensive would be to hire an architect to
design and draw a set of plans. Then the
plans would need to be engineered. The cost would
be between 5000.00 and 15000.00 depending on the
complexity of the home. Mind you that we are
talking about a house that is only 2000 to 2500 sq. ft.
Another way is to look in house plan magazines. Or
you can look on the web. There are many different
sites to choose from. I found a site that
advertized they could draw a set of plans from a
picture!
When I think of my ideal house I see a
home with a small footprint. 27 x 32 sounds about
right. Smaller footprint means smaller
building site needed. The fact that you need a
smaller site means you can take that savings and put it
towards a site with a view or next to water.
I like 2 story homes so a shaft for an elevator would
have to be designed just in case. I would not
skimp on windows. I would buy the best I
could afford. My first choice for exterior veneer
would have to be brick. Brick is done once and it
gets better with age. I would design the roof in
such a way that no gutters would be needed.
Gutters are expensive, a maintenance problem. Without gutters an attractive eve detail is
possible. If you are like myself and live in a
place that snows a lot then building a roof that can
carry a huge snow loud would be prudent. Its a lot
easier leaving the snow on the roof until spring than
shoveling it off!
Now for the floor plan. I would
have a full basement with a direct exit door to the
outside. A dumb waiter that travels from the
basement to the 2nd floor is a must. The basement
would house the mechanical room and laundry.
The first level would consist or a
entry, powder bath, living room with a fireplace,
kitchen, Dining that leads out to a deck.
The second level would have a guest
bedroom, office, and a master bedroom with a fireplace
and master bath, and a hall bath. In the hall
there would be a drop down ladder for attic storage.
The days of the giant oversize houses
are coming to an end for the common people.
Americans are going to be forced to scale way back.
Norm Kile
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