Most people heading into retirement inevitably make some sort of real estate decision—whether they downsize, relocate to a different community or make renovations to an existing home that makes the place more accessible to live in as they get older. The DiMora Team are real estate experts in the Northville and Novi neighborhoods and we know that there are numerous real estate mistakes people in this group make. Big homes come with big energy bills and large lawns to mow, not to mention sizable real estate taxes and homeowner insurance premiums. The longer you delay a move to a place that better fits your current needs, the more savings you’re missing out on. Those with dreams of relocating to a sunny locale need to research the place before moving. Know how your taxes will be affected and the cost of the living in the new area and generally how you’ll fill your days there. Maybe you’re a snowbird who likes living part-time in two locations. Or maybe you’ve purchased a second home with the intent to retire there someday, thinking that you’d save money by buying at today’s prices. Either way, maintaining two homes is a drain on your finances. Check out below to see what sold in Ravines of Northville in March 2016:
44210 Deep Hollow Circle, Northville: 4 bedrooms, 5 bathrooms, 3,512 sq. feet, 3 car garage, Sold Price: $586,500
If you’re a snowbird, make sure both homes are small, with manageable running costs. For more information on Ravines of Northville, or similar Northville or Novi neighborhoods such as Woodlands of Northville, Steeplechase and Autumn Park, contact The DiMora Team today at 248-505-7728 or email@example.com.