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5 Tips When Downsizing Your Home

5 Tips When Downsizing Your Home

5 Tips When Downsizing Your Home

Houses

Most older individuals will contemplate downsizing or relocating to a home in a retirement community as they get older. Around 51% of retirees aged 50 and above downsize their houses once they retire and 77% of seniors intend on remaining in their current place of residence. It could be wise to downsize if you notice you have a lot of unnecessary extra space or too much clutter, you’re lacking the social connections you want, or the cost to maintain your current home isn’t practical.

If you are thinking about moving into a 55+ community or smaller house, here are five tips for downsizing your home:

Begin as early as possible and pace yourself

Starting your home downsizing project as soon as possible will give you time to get organized while avoiding any last minute stresses when getting rid of clutter when you finally relocate.

Place emphasis on what you’re getting rather than what you’re losing. Change is never easy, and there will be difficult days ahead. Take into account how your life will improve as a result of these adjustments. By starting your home downsizing project early, you will also have the time to spend enjoying your days and loved ones rather than cleaning, working, or searching for stuff.

 

Start small and concentrate on one room at a time

Trying to focus on what needs to get done in your entire home may feel like a large overwhelming project. Make a plan to dedicate time to one room at a time. We suggest taking care of practical must-haves in the beginning such as bathrooms and kitchen. Save going through sentimental items such as heirlooms for later as these items are the most difficult to part with. By starting out with the essentials and saving the sentimental times for later, you may find it easier to decide on what to keep once you have gotten into a rhythm with the allocation of your must-have basics.

 

Sell, donate or give away

For each area, create and label containers for things you wish to maintain, donate (or give to loved ones), and discard. It’s tempting to make a “maybe” pile, but avoid this as much as you can! At the very least, limit it to only a few items. Taking away the “maybe” option motivates you to stay on track and avoid dedicating too much time fixating on one item.

 

Should you have possessions you are holding on to because you imagine you might need them later, take into account if their potential use is worth the space they are occupying. For many situations, particularly with furniture, media, and cookery, these objects may be simply replaced in the longer run, perhaps with an even better version.

 

Prior to giving up anything with emotional value, check with your relatives to be certain what you’re letting go of isn’t someone’s cherished item. It however is not advisable to retain something presuming it’s significant to another family member without first asking.  Recognize that your kids and loved ones may just appreciate a few belongings, no matter how precious they may be to you.

 

Go digital

Photographs, documents, videos and your kids’ artwork can take up a lot of room. While you don’t have to get rid of everything, you can capture these items into a small device you’re able to plug in and view at whenever you like. If you have a large amount of items to digitize, you can even pay a business to do it for you.

Get some help if needed

One of the most difficult aspects about downsizing is not having much knowledge on what to anticipate. Should you have any concerns or questions, talk to others who have gone through this process before. Getting a start on this project may get overwhelming, however, hearing about their experience may further motivate you to follow their footsteps.

 

When it comes to going through the downsizing process, it may be a good idea to ask friends or family members for help, especially with problem areas and tough jobs. They can assist you with staying organized, letting go of items as well as help with any heavy lifting needing to be done.

Housing is an essential subject as we age, whether we choose to stay in our current house or move. If you have any questions about buying a Central Florida retirement home, we are here to help you embark on your life’s next chapter by finding your next dream home.

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

Hanover Lakes Community in St. Cloud Florida

Hanover Lakes Community in St. Cloud Florida

Hanover Lakes Community in St. Cloud Florida

Hanover Lakes Arial View
Hanover Lakes is a residential community as unique as you. Backyard boat docks put serenity and sensational scenery at your doorstep. Escape the endless buzz of the real world and experience the glory of Florida outdoors. Reel in some fish at the Alligator Chain of pristine spring-fed lakes, featuring unspoiled shorelines of cypress, pine and oaks, and teeming with trophy bass, bluegill & speckled perch. If relaxing around a resort-style pool is your flavor of the day, Hanover Lakes has that too. There’s a generous sundeck with lounge chairs made for socializing with all of your new friends, plus a splash pad for the kids and other amenities to add to the fun. 

Hanover Lakes Floorplans at a Glance

The St. Cloud residential community has 16 new construction floorplans to choose from for building your home just the way you want it.

  • Price: $328,999 – $509,999
  • 1,819 – 4,417 Square Feet
  • 4 – 6 Bedrooms
  • 2 – 3 Garages
  • 2 – 3 Full Bathrooms, 1 Half Bathroom
  • 1 – 2 Story
  • Zip: 34772
Homes at Hanover Place

Ammenities at Hanover Lakes

The centrally-located community by Hanover Family Builders, has an amenities center featuring a resort-style pool, spacious sundeck and cabana. Kids will love the splash pad and adults will love the large sundeck that’s great for meeting friends and socializing with your community. There’s no better place for having fun than home, at Hanover Lakes!

Things to Do Near Hanover Lakes


Hanover Lakes offers a convenient location in beautiful Osceola County, close to world-famous attractions such as Disney World Resort, Universal Orlando, and Sea World. The Atlantic Beaches are nearby as well, and expressways make Downtown Orlando’s sports and cultural venues easily accessible. Contact us today and discover the possibilities.
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Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

Clermont House Just Sold

Clermont House Just Sold

Clermont House Just Sold

10542 Mira Lago Ln, Clermont, FL

Sold

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Bardell Real Estate

Bardell Real Estate
863-424-2309

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$ Click for current price
3 BEDROOMS | 2 full baths BATHROOMS | 1481 SqFt

Great curb appeal to this spacious 3 bed, 2 bath family home sitting on an oversized lot in the sought after community of Lake Clair Place on the outskirts of Clermont. The expansive, open floorplan gives lots of design options and the split bedroom plan affords privacy to the master suite. A large Florida room at the rear of the property gives even more living space and opens to a brick paved patio perfect for family BBQs and entertaining. The fenced back yard is an ideal play area for children and pets. The indoor laundry room leads to the 2 car garage and the HUGE driveway will easily accommodate 6 vehicles! NEW roof April 2021, new A/C 2020, new refrigerator 2020. Septic pumped and filter maintenance April 2021.

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

Tohoqua Reserve: Kissimmee’s New 55+ Community

Tohoqua Reserve: Kissimmee’s New 55+ Community

Tohoqua Reserve: Kissimmee’s New 55+ Community

Tohoqua Reseve Clubhouse
Just outside of Orlando in the fun-filled town of Kissimmee, Florida, you will find the highly anticipated new construction 55+ community of Tohoqua Reserve. Pulte Homes began constructing this 730-acre gated community in early 2021 with the intent of building a total of 258 houses along a master-planned development.
 
The new retirement homes for sale are priced from the mid $200s to low $400s and range from 1,579 to 2,870 square feet. Their seven available floorplan options of single-family homes and attached villas are one to two stories, include two to three bedrooms and bathrooms and have attached two-car garages.

Tohoqua Reserve’s homeowners’ association not only has an affordable monthly fee, but they also take care of maintaining the amenities and community landscaping, giving residents the luxury of relishing in a low-maintenance lifestyle.

Residents get access to not one, but two amenity centers; one specifically solely for the 55+ community members and another one open to their guests. The clubhouse is perfect for hosting a variety special events from networking meetups to memorable birthday bashes. Homeowners there can also work up a sweat at the fitness center or enjoy the neighborhood’s many exciting outdoor amenities, such as:

 

  • A resort-style zero-entry pool and patio wonderful for taking it easy and spending time with neighbors and friends
  • Lighted sports courts for activities such as tennis, pickleball and bocce ball
  • A children’s playground great for any visiting grandkids
  • A serene lake surrounded by a tree-lined walkway ideal for quiet morning strolls underneath towering oak trees
  • Trails over five miles in length that wind through the retirement community nice for walking, running or bicycling
  • Outdoor seating area and Formal Lawn
Seniors playing tennis
Seniors playing tennis

Tohoqua Reserve’s location of Kissimmee offers residents an endless amount of activity options from enjoying the beautiful Florida outdoors to experiencing the thrills of world-class tourist attractions such as Walt Disney World and Universal Orlando. There are multiple spots to enjoy nature nearby including parks, lakes and country club golf courses. The retirement community is just a 30-minute drive to Orlando and only a 10-minute drive from the Florida Turnpike to Highway, giving residents plenty of exciting entertainment and dining options. 

Contact us now to begin a life new chapter enjoying your Florida retirement in a Tohoqua Reserve new construction home!

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

Behind the Gates of ChampionsGate

Behind the Gates of ChampionsGate

Behind the Gates of ChampionsGate

Nestled beyond the Gate within the heart of Central Florida lies the City of ChampionsGate. The location is one the most attractive features of ChampionsGate. Positioned within the Golden Triangle, I-4, SR 192 and SR 27, it is just miles from Walt Disney World, Posner Park for Shopping, Old Town, Orlando Premium Outlets, The Mall at Millenia, and countless casual and fine dining restaurants.

ChampionsGate will offer something for pre-retirees, retirees, and vacation home buyers and is sure to “wow” the international set. The convenient location, 22 different stunning home designs, and acres of lush landscaping and top of the line amenities will make this the most sought-after community in Central Florida.

So whether you are still raising the kids, ready to retire, want to enjoy the leisure life daily, or want a second home in a resort-style, amenity-filled community in sunny Orlando, Florida, ChampionsGate offers something for everyone.

The Retreat at ChampionsGate

The Retreat Entrance sign in champions gate

The Retreat Estates at ChampionsGate is the ideal place for your vacation home. This premier Lennar community offers resort-style amenities in a welcoming atmosphere.  Several major highways link ChampionsGate to the surrounding areas for easy accessibility to major outlet shopping centers, Orlando’s International Drive and airport.

Residents of the Retreat Estates have access to the state-of-the-art, luxury-inspired Oasis Club. This exclusive clubhouse features a resort-style swimming pool with a lazy river and splash pad, a fully-equipped fitness center, a tiki bar, theater room, a restaurant and bar, and so much more!

The Estates at ChampionsGate

The Estates at ChampionsGate by Lennar is centrally situated near the Oasis Club water park complex and Clubhouse. This phase is aimed towards the buyer looking to purchase a first or second home but does not plan to place the property on the short-term rental market. This wonderful residential community will have golf course views and have larger home lots.

The Estates community Pool

Merill Gardens 55+ Community at ChampionsGate

The Retreat Entrance sign in champions gate

Merill Gardens 55+ Community offers private apartments with generous living spaces and a choice of floor plans. Bring your small pet and all the personal touches that make your house a home. Anytime Dining gives you the flexibility to enjoy your meals just like you did at home—on your schedule.

The activities calendar is driven by the desires of the people who live here—from fitness classes to charity work to community volunteering opportunities to games to outings—it’s all at your fingertips.

Chair yoga, giant crosswords, day trips, ice cream socials, skits, strength training, movies, bingo, swimming, wine and cheese tastings, TED talks, scenic drives, pet therapy, bread baking, national food day celebrations, jazz concerts, Bible studies, and picnics are just a few of the things going on in any given week. The only complaint seems to be that residents just don’t have time to fit it all in!

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

 

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April Existing-home sales Report

April Existing-home sales Report

April Existing-home sales Report

Market watch ReportWASHINGTON (May 21, 2021) – Existing-home sales waned in April, marking three straight months of declines, according to the National Association of Realtors®. All but one of the four major U.S. regions witnessed month-over-month drops in home sales, but each registered double-digit year-over-year gains for April.

Total existing-home sales,1 https://www.nar.realtor/existing-home-sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, slipped 2.7% from March to a seasonally-adjusted annual rate of 5.85 million in April. Sales overall jumped year-over-year, up 33.9% from a year ago (4.37 million in April 2020).

“Home sales were down again in April from the prior month, as housing supply continues to fall short of demand,” said Lawrence Yun, NAR’s chief economist. “We’ll see more inventory come to the market later this year as further COVID-19 vaccinations are administered and potential home sellers become more comfortable listing and showing their homes. The falling number of homeowners in mortgage forbearance will also bring about more inventory.

“Despite the decline, housing demand is still strong compared to one year ago, evidenced by home sales from this January to April, which are up 20% compared to 2020,” Yun continued. “The additional supply projected for the market should cool down the torrid pace of price appreciation later in the year.”

The median existing-home price2 for all housing types in April was $341,600, up 19.1% from April 2020 ($286,800), as every region recorded price increases. This is a record high and marks 110 straight months of year-over-year gains.

Total housing inventory3 at the end of April amounted to 1.16 million units, up 10.5% from March’s inventory and down 20.5% from one year ago (1.46 million). Unsold inventory sits at a 2.4-month supply at the current sales pace, slightly up from March’s 2.1-month supply and down from the 4.0-month supply recorded in April 2020. These numbers continue to represent near-record lows. NAR first began tracking the single-family home supply in 1982.

Properties typically remained on the market for 17 days in April, down from 18 days in March and from 27 days in April 2020. Eighty-eight percent of the homes sold in April 2021 were on the market for less than a month.

First-time buyers were responsible for 31% of sales in April, down from 32% in March and 36% in April 2020. NAR’s 2020 Profile of Home Buyers and Sellers – released in late 20204 – revealed that the annual share of first-time buyers was 31%.

“First-time buyers in particular are having trouble securing that first home for a multitude of reasons, including not enough affordable properties, competition with cash buyers and properties leaving the market at such a rapid pace,” Yun said.

Individual investors or second-home buyers, who account for many cash sales, purchased 17% of homes in April, up from 15% in March and 10% in April 2020. All-cash sales accounted for 25% of transactions in April, up from both 23% in March and 15% in April 2020.

Distressed sales5 – foreclosures and short sales – represented less than 1% of sales in April, equal to March’s percentage but down from 3% in April 2020.

According to Freddie Mac, the average commitment rate(link is external) for a 30-year, conventional, fixed-rate mortgage was 3.06% in April, down from 3.08% in March. The average commitment rate across all of 2020 was 3.11%. Yun expects the 30-year fixed-rate mortgage to remain below 3.5% in 2021.

Single-family and Condo/Co-op Sales

Single-family home sales dropped to a seasonally-adjusted annual rate of 5.13 million in April, down 3.2% from 5.30 million in March, and up 28.9% from one year ago. The median existing single-family home price was $347,400 in April, up 20.3% from April 2020.

Existing condominium and co-op sales were recorded at a seasonally-adjusted annual rate of 720,000 units in April, up 1.4% from March and up 84.6% from one year ago. The median existing condo price was $300,400 in April, an increase of 12.6% from a year ago.

“The demand for homeownership in America is as strong as it’s ever been, and NAR continues working with policymakers across the country to find solutions to the issues we face in our industry,” said NAR President Charlie Oppler, a Realtor® from Franklin Lakes, N.J., and the CEO of Prominent Properties Sotheby’s International Realty. “Ultimately, though, buyers still recognize that securing a home is one of the best ways to build long-term wealth, and Realtors® continue their work to make that dream a reality for families everywhere.”

Realtor.com®’s Market Hotness Index(link is external), measuring time-on-the-market data and unique viewers per property, revealed that the hottest metro areas as of May 13 were Manchester, N.H.; Concord, N.H.; Lafayette, Ind.; Janesville, Wis.; and Elkhart, Ind.

Regional Breakdown

Only the Midwest experienced higher sales from the prior month, but each of the four major U.S. regions recorded year-over-year increases.

Existing-home sales in the Northeast fell 3.9% from March, but the annual rate of 730,000 represents a 30.4% leap from a year ago. The median price in the Northeast was $381,100, up 22.0% from April 2020.

Existing-home sales in the Midwest grew 0.8% to an annual rate of 1,290,000 in April, a 13.2% increase from a year ago. The median price in the Midwest was $259,300, a 13.5% rise from April 2020.

Existing-home sales in the South decreased 3.7%, recording an annual rate of 2,600,000 in April, up 39.0% from the same time one year ago. The median price in the South was $289,600, a 15.8% jump from one year ago.

Existing-home sales in the West declined 3.1% from the month prior, posting an annual rate of 1,230,000 in April, a 53.8% surge from a year ago. The median price in the West was $501,200, up 19.9% from April 2020.

The National Association of Realtors® is America’s largest trade association, representing more than 1.4 million members involved in all aspects of the residential and commercial real estate industries.

# # #

For local information, please contact the local association of Realtors® for data from local multiple listing services (MLS). Local MLS data is the most accurate source of sales and price information in specific areas, although there may be differences in reporting methodology.

NOTE: NAR’s Pending Home Sales Index for April is scheduled for release on May 27, and Existing-Home Sales for May will be released June 22; release times are 10:00 a.m. ET.


1 Existing-home sales, which include single-family, townhomes, condominiums and co-ops, are based on transaction closings from Multiple Listing Services. Changes in sales trends outside of MLSs are not captured in the monthly series. NAR rebenchmarks home sales periodically using other sources to assess overall home sales trends, including sales not reported by MLSs.

Existing-home sales, based on closings, differ from the U.S. Census Bureau’s series on new single-family home sales, which are based on contracts or the acceptance of a deposit. Because of these differences, it is not uncommon for each series to move in different directions in the same month. In addition, existing-home sales, which account for more than 90% of total home sales, are based on a much larger data sample – about 40% of multiple listing service data each month – and typically are not subject to large prior-month revisions.

The annual rate for a particular month represents what the total number of actual sales for a year would be if the relative pace for that month were maintained for 12 consecutive months. Seasonally adjusted annual rates are used in reporting monthly data to factor out seasonal variations in resale activity. For example, home sales volume is normally higher in the summer than in the winter, primarily because of differences in the weather and family buying patterns. However, seasonal factors cannot compensate for abnormal weather patterns.

Single-family data collection began monthly in 1968, while condo data collection began quarterly in 1981; the series were combined in 1999 when monthly collection of condo data began. Prior to this period, single-family homes accounted for more than nine out of 10 purchases. Historic comparisons for total home sales prior to 1999 are based on monthly single-family sales, combined with the corresponding quarterly sales rate for condos.

2 The median price is where half sold for more and half sold for less; medians are more typical of market conditions than average prices, which are skewed higher by a relatively small share of upper-end transactions. The only valid comparisons for median prices are with the same period a year earlier due to seasonality in buying patterns. Month-to-month comparisons do not compensate for seasonal changes, especially for the timing of family buying patterns. Changes in the composition of sales can distort median price data. Year-ago median and mean prices sometimes are revised in an automated process if additional data is received.

The national median condo/co-op price often is higher than the median single-family home price because condos are concentrated in higher-cost housing markets. However, in a given area, single-family homes typically sell for more than condos as seen in NAR’s quarterly metro area price reports.

3 Total inventory and month’s supply data are available back through 1999, while single-family inventory and month’s supply are available back to 1982 (prior to 1999, single-family sales accounted for more than 90% of transactions and condos were measured only on a quarterly basis).

4 Survey results represent owner-occupants and differ from separately reported monthly findings from NAR’s Realtors® Confidence Index, which include all types of buyers. Investors are under-represented in the annual study because survey questionnaires are mailed to the addresses of the property purchased and generally are not returned by absentee owners. Results include both new and existing homes.

5 Distressed sales (foreclosures and short sales), days on market, first-time buyers, all-cash transactions and investors are from a monthly survey for the NAR’s Realtors® Confidence Index, posted at nar.realtor.

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.