A majority of Baby Boomers and Empty Nesters are “downsizing” – looking for homes, condos, or townhouses that are almost new/remodeled or new. They span nearly every price ranges and most areas of the Portland, Oregon area.
As the largest, most affluent segment of our urban and suburban population, they are now planning to find a home that they can live in for the rest of their time in independent living. A one level home with master remodeled or a new home with low cost-to-maintain inside and out and the ability to walk to a nearby village with amenities is particularly appealing to this group.
Great open spaces filled with light and warmth and intimacy using natural materials, stone, hardwood floors and handcrafted features also appeal to them. Townhouses with elevators are good because they usually have bedrooms upstairs or downstairs. Living spaces on one level with a great room serving as a space for living, dining and entertainment with gourmet kitchens and large comfy conversation bars are also attracting this generation.
For this group, most older urban homes do not work with their steep stairs and small low ceilinged rooms. One levels that are remodeled with modern open spaces will be in great demand. A study/office downstairs with perhaps a 3 car garage and extra room for a shop or crafts area or upstairs or downstairs bonus or hobby room area with two bedrooms can also work for this lifestyle, as well as outdoor covered living spaces with privacy.
Amenities that save time and effort making life simpler such as architect-designed home theatre, sound, cable, wireless, handicap access throughout, perhaps setup to enable installation of an elevator if needed.
The Baby Boom generation will create a whole new neighborhood lifestyle as they begin to retire and downsize. If you are searching for a home to meet your needs for a one-level living lifestyle, begin your search now.