It’s time to retire by design. Moreover, you’ve worked hard for your family. Now, you should think about investing in your retirement custom home. Whether you’re looking to downsize or completely transition into a floor plan that meets your current needs, designing a custom retirement home is a rewarding step. Additionally, your home should always be your haven. Therefore, that haven will soon look like a house for retirement, custom-designed to meet your evolving needs but keeping with your aesthetic preferences and design choices.
What Type of Custom Home is Best for Retirement?
When discussing home design for seniors, we don’t mean a tiny cottage or an in-law suite. Instead, we mean retirement home designs that include single-story floor plans, accessible basements and garages, and even elevators for multi-story homes. Additionally, no one home fits all when planning your retirement home. Instead, the type of home best for your retirement is based on your current needs, style, and budget. Furthermore, a talented retirement custom home builder is comfortable guiding you through the building process – no pushing or guesswork necessary.
Floor Plans Designed for Seniors
Custom retirement homes come in all sorts of shapes and sizes. Likewise, everyone knows of the stereotypical small retirement cottage, you have far more options than that. From accessible garages and basements to installing a discrete elevator, the options are endless. Additionally, the beauty of choosing a floor plan designed for seniors is that your builder can add those details that allow you to age comfortably in place. If you’re eager to see designs catered to seniors or what modern home elevators look like, collaborating with a custom retirement home builder is essential.
What Are the First Three Steps of Retirement Planning?
Establish Your Retirement Timeline
Determine when you plan to retire. This will help you calculate how many years to save and invest for retirement. Moreover, it sounds simple enough, but retiring early versus later can influence budget, retirement home construction, and layout. Additionally, your retirement timeline is an integral step in the process.
Set the Retirement Budget
Create a budget that outlines your expected expenses and income sources during retirement. Moreover, spend some time thinking about your interests, intended lifestyle, and hopeful hobbies. Additionally, your retirement timeline hinges the most on your budget. And your budget hinges on where you build, what you build, and the amenities you choose.
Find a Trusted Retirement Home Builder
The team you select to build your retirement home should balance proprietary knowledge on the one hand and a deep understanding of your needs and lifestyle on the other. Furthermore, construction can only begin once you feel confident in the process, the custom home builder in Myrtle Beach, and your budget. Additionally, reviewing portfolios and designs can help you choose the plans that are right for you.
When Should You Build Your Retirement Home?
You should begin constructing your retirement home once it becomes apparent it’s time to downsize. Furthermore, construction of a custom home takes time, energy, and planning, and investing in your new home and will allow this new phase of your life to begin. Additionally, it’s wise to start construction around a year before you are ready to downsize so that you can take your time in the process and move out at a comfortable pace. Nevertheless, it’s never too early to start dreaming about building your retirement home and what that might look like.
Is Now a Good Time to Build a Custom Home?
As we mentioned earlier, your home should be your haven. Moreover, with changing real estate prices, interest rates, and the never-ending news cycle, building a custom home now ensures you can retire by design. Additionally, creating a retirement house bespoke to your needs (now and in the future) also ensures stability for your future. Therefore, don’t wait to lock in your future retirement home plans and start creating the next phase of your life.
How Much Money Should You Have to Build a House?
A savvy financial planner can tell you just how much money you need to build a house, live comfortably, and reach your retirement goals. However, the budget of your retirement home is based on the design you choose. Therefore, consult with a financial planner early and often to discern the proper budget. Additionally, utilizing resources such as budget worksheets and Myrtle Beach custom home guides can be beneficial.
What is a Good-Sized House for Retirement?
The best size house for retirement is one that you can comfortably live in. Additionally, some prefer larger homes for visiting family or hosting and can maintain these spaces without issue. Others prefer a smaller lot that is simpler to maintain but still has adequate space. Therefore, consider your retirement plans when deciding what size of home best fits you. Moreover, your retirement home plans are drawn around your lifestyle, family, and plans. Therefore, don’t settle for anything less than precisely what you want and need. You’ve earned it.
Ready to Start Construction on Your Retirement Home?
Building your dream retirement home is a significant step towards enjoying the fruits of your labor. Additionally, it’s about creating a space that meets your needs, preferences, and lifestyle.
Therefore, contact Dawol Homes today to start planning your custom retirement home, and let us help you make this exciting transition seamlessly.
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Dawol Homes
9404 Hwy 17 Bypass,
Murrells Inlet, SC 29576
(843) 294-2859
Dawol Homes Sales Office
3100 Dick Pond Rd # E
Myrtle Beach, SC 29588
843-294-2859
We build homes in: Cypress River Plantation, Waterway Palms, Waterbridge, Murrells Inlet, Collins Creek, Bellwood Landing, Carolina Forest, Plantation Lakes, North Myrtle Beach, Socastee, Surfside Beach, Pawleys Island, Litchfield Plantation
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