By Liz Witbeck
As people get older, homes they have lived in for so many years may start to seem too spacious for their need. There are maintenance issues and money issues involved with a larger place.
Downsizing is an option for many people, and there are many options available in the Capital Region.
“A lot of people are retiring here” said Joan Taub, a licensed associate real estate broker at Berkshire Hathaway HomeServices in Saratoga Springs. “This area offers so much. People aren’t fleeing New York like they used to. This area offers things for you intellectually and physically. You have the ability to stay right downtown living in a condo. You can walk everywhere. You’ll stay young living here.”
Meg Minehan, an associate broker with Roohan Realty in Saratoga Springs, said the area “is much more responsive now to the 50-and-older community. We couldn’t say that 10 or 15 years ago.”
“A good portion of my clients are baby boomers,” said Jane Sanzen, a licensed associate broker at Julie Co. Realty in Saratoga Springs. “Empty nesters are driving this growth. High-end, luxury living is a very attractive segment for this population.”
Properties available in this area range from $200,000 up to a $1 million, said Minehan, “So there is something for everybody,” she said. She said there are many active 50-year-olds living in the area and for them, being in Saratoga Springs is a good way to keep up with their active lifestyle.