Thinking About Downsizing? Here are the options explained....

Thinking About Downsizing? Here are the options explained....

If you're 50 or older and considering downsizing from a single-family home, there are several senior living options tailored to your lifestyle, care needs, and financial preferences. From maintenance-free homes to communities offering progressive care, Minnesota provides a diverse range of choices.

Contact us today and we can help you navigate your options!


1. One-Level Detached Townhomes

Ideal for active adults seeking independence without the upkeep of a traditional home, one-level detached townhomes offer single-story living with the privacy of a standalone residence.

Key Features:

No stairs, enhancing accessibility.

Maintenance-free living, often including lawn care and snow removal.

Attached garages and private entrances.

Examples:

Lyngblomsten at Lino Lakes offers 20 detached, one-level rental townhomes designed for adults 55+, providing a maintenance-free lifestyle with included utilities and services. Lyngblomsten Townhomes

Vita Attiva at South Creek in Rosemount features 141 single-story detached villas within a 55+ active adult community, combining private living with shared amenities. Vita Attiva


2. Senior Condominiums

Senior condos provide an opportunity to own a home within a community designed for older adults, offering both independence and access to shared amenities.

Key Features:

  • Ownership with the benefits of shared maintenance.

  • Amenities such as fitness centers, community rooms, and social activities.

  • Proximity to urban conveniences and healthcare facilities.

Examples:

Bards Crossing of Evermoor in Rosemount offers luxurious low-rise condos with modern appliances, catering to those seeking a serene yet connected lifestyle. Bards Crossing

  • Creekside of Edina provides 1 and 2-bedroom apartments in a vibrant neighborhood, ideal for those looking to downsize while staying active. 


3. Senior Living Facilities with Progressive Care

Also known as Continuing Care Retirement Communities (CCRCs), these facilities offer a continuum of care—from independent living to assisted living and skilled nursing—allowing residents to age in place.

Key Features:

  • Multiple levels of care within one community.

  • Access to healthcare services as needs evolve.

  • Social and recreational activities to promote engagement.

Minnesota Examples:

Trillium Woods in Plymouth is a Life Plan Community offering LifeCare®, ensuring residents have a plan for future healthcare needs while enjoying an active lifestyle. Trillium Woods

The Lakes at Stillwater is a 50-acre senior living campus inspired by scenic lake views, providing a range of care options in a resort-like setting. The Lakes at Stillwater


4. Senior Cooperative (Co-op) Developments

Originating in Minnesota, senior housing cooperatives are resident-owned communities where members purchase shares, granting them the right to occupy a unit and participate in community governance.

Key Features:

  • Ownership with lower operating costs and potential tax benefits.

  • Maintenance-free living with shared decision-making.

  • Strong sense of community among residents.

Minnesota Examples:

Zvago Cooperatives offer boutique cooperative communities for adults 62+, combining homeownership with shared amenities and maintenance-free living. Zvago Communities

Nokomis Square Cooperative in Minneapolis provides a variety of floor plans within a 200-unit community, fostering an active and engaged lifestyle for those 55 and older. Nokomis Square Coop


Choosing the Right Option

When considering a move, reflect on:

  • Lifestyle Preferences: Do you desire a private residence or a community setting?

  • Care Needs: Are you looking for a place that can accommodate changing health requirements?

  • Financial Considerations: Evaluate ownership models, monthly fees, and potential tax benefits.

Minnesota's diverse senior living options cater to a range of needs and preferences, ensuring that you can find a community that feels like home.

Contact us today to request a consultation from an agent to help you navigate your options.
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