Get Smart about Senior Co-Living

Get Smart about Senior Co-Living

Fave Lifestyles

Generally speaking, people need companionship. For seniors, companionship in the form of co-habitation can also open a practical pathway for remaining independent, preserving financial resources, and avoiding social isolation. The popular television sitcom “The Golden Girls,” featuring four older women—three widows and a divorcee—is perhaps the most familiar example of a seniors-living arrangement. The program is also a hit with viewers who are one or two generations younger than the cast. Interestingly, in recent years, co-living has emerged as a popular lifestyle choice for many 20-somethings, who embrace the opportunity to eliminate long-term leases and be less “tied” to a specific location. For example, companies like Common, Quarters, and We Live offer furnished dormitory-style rooms in prime urban locations, often geared to technology professionals and digital nomads. These units aren’t cheap, by most peoples ‘standards, but the residents enjoy extensive amenities and easy opportunities to develop social connections’-living may also be an attractive option for some of your clients, ages 50+.You can use the information included in this issue of The SRES® Professional to help them explore this approach to active adult living and aging in place. Typically, seniors who implement co-living are homeowners who desire additional income and companionship. On the flip side, renters can reduce their housing costs and enjoy a higher quality of life by seeking out a co-living arrangement.

Co-Living versus Co-Housing

While co-living and co-housing are both considered intentional communities, there are important distinctions. In a co-living arrangement, people without family ties choose to cohabitate in a single dwelling. Typically, each resident has a private bedroom (or a bedroom and bathroom suite), but other rooms, including the kitchen, dining room, living room, and laundry space, are considered common areas.

In contrast, in a co-housing community, each individual, couple, or family has an independent living unit (single-family homes, condos, or apartments). Residents share spaces that are located outside their homes, including game rooms, commercial kitchens, pools, libraries, meeting and conference rooms, activity spaces, and fitness rooms.

Co-Living May Improve Seniors’ Circumstances

Lack of affordable housing is an obstacle that can hit the senior population particularly hard. Plus, as the number of senior households continues expanding to unprecedented levels, it’s a problem that will only get worse. According to the Joint Center for Housing Studies of Harvard University (JCHS)1, over the next two decades (ending 2038), households in their 80s will be the fastest-growing age group. During that time, the share of households age 65 and older will increase from 26percent (2018) to 34 percent (2038). Many of these households already face cost burdens. (See map. To drill down to your local MSA and view differences by age or among renters versus owners, visit the online, interactive map here.

Meanwhile, the cost of living in a senior community continues to escalate. For example, according to the Genworth Cost of Care Survey 20193, the U.S. median monthly cost of assisted living is $4,051 and is expected to rise to $5,608 by 2030.Many seniors are not going to be in a financial position to select traditional living arrangements and care routes, even if they sell their family home to help finance it. The proceeds won’t last long enough. Since a financial squeeze is imminent for many individuals, creative and affordable solutions may be in high demand. Co-living offers an option to “rent out” one or more bedrooms in a currently owned home, allowing seniors to stay put longer, reduce living expenses, and preserve their assets.

Co-Living Advantages

Co-living can help counter the typical age-related narrowing of experiences, freedom, autonomy, and adventure. It can encourage a new way of thinking and living that is deeply fulfilling and financially accessible.

1. Physical
Sharing household responsibilities can lessen the load, especially if the housemates complement each other’s physical strengths and weaknesses. For instance, if one resident can’t drive, but another can, the ability to handle errands, grocery shopping, and similar tasks extends. Likewise, the person who drives may not be able to stand for long periods in the kitchen, while the housemate who can’t drive has no difficulty cooking.

One person may hate to dust but doesn’t mind doing dishes. Constructing a co-living group that complements each individual will extend the time everyone will be able to age in place and stay active and independent.

2. Financial
Fewer seniors own their own homes outright these days. They are more likely to have a mortgage or even a second mortgage and may have consumer debt too. Thirty-years ago, 24 percent of homeowners aged 65–79 still carried a mortgage. In 2016, 46 percent did, with a median balance of $77,000.4Co-living can help a homeowner afford to stay in their home, while also reducing costs for seniors who rent. It can be an excellent way to retain a quality of life and standard of living, despite of the potential for income to plummet upon retirement.

Sharing space means dividing up utility costs and home maintenance expenses. Seniors may also be able to pool their needs for other services and negotiate a lower price on everything from meal preparation and grocery deliveries, to household cleaning and possibly even home health and physical therapy services.

3. Psychological and Health
Multiple studies5 have found that health and well-being are acutely social. Loneliness is one aspect of aging in place that co-living can help remedy. Researchers have found that loneliness can be just as harmful as obesity or smoking 15 cigarettes per day, shortening an individual’s life by 15 years. In part, this is because loneliness triggers the release of stress hormones associated with lowered resistance to infection, elevated blood pressure, increased risk of heart disease, and even cancer. Likewise, social isolation can accelerate cognitive decline.

A sense of belonging and community can be nurtured with scheduled co-living events like “movie night” or “game night,” as well as spending time together preparing and enjoying meals. By striking a balance between together time and time for privacy and solitude, residents can enjoy the best of both worlds.

Potential Pitfalls

Any time people live together, there are opportunities for conflict. Housemate situations can be difficult at any age, but cognitive and mobility issues can compound the situation. A written, mutually beneficial rental agreement is useful for avoiding problems. The homeowner may feel possessive about household contents and daily routines. In contrast, a new renter—especially one who has left their own house to become a renter in someone else’s—may feel they have lost autonomy and control of their environment. If a written agreement is not in place, changes in health and mobility may leave a more able-bodied resident feeling that they have become another resident’s primary caregiver. This is especially likely if there is a sudden or unexpected change in circumstances. Other potential pitfalls can be addressed by utilizing a thorough interview process, a criminal background check, and a credit check. It’s better to be cautious than end up with a situation that causes seniors to isolate themselves in their rooms to avoid housemate conflicts. Encourage prospective roommates to institute a “trial period” of two weeks to two months to see how well everyone gets along, after which either side can decide against the match. No harm, no foul

Get Smart about Senior Co-Living
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THE 5 M’S OF PREVENTING CO-LIVING CONFLICTS

Money
Create a written agreement that outlines who pays for what and when, how bills will be divided, and what happens when new household services or supplies are needed. Messy Individuals have different tolerance for clutter and dirt. Reach an agreement that keeps both sides happy. More People or Pets Outline a policy on guests and pets before specific situations arise. Will any pets be allowed? How often can residents entertain overnight guests, and what notification (if any) should be given to other residents? Mitigate Scheduling Conflicts Create entertaining guidelines to avoid situations where one resident’s plans to have people over for a party, a meeting, or a game night might conflict with another resident’s plans. Manage Ownership and Privacy Issues Some people need more privacy
than others. Written agreements can help prevent friction, as will front-end determinations of what’s a personal possession versus a household item.

Co-living is an increasingly popular lifestyle that offers seniors a satisfying and financially viable way to remain independent longer—but also depends heavily on finding a suitable roommate.

5 Steps for Finding a Good Housemate

1. Don’t Limit Yourself
Consider looking outside your age range. Depending on the individual, a college student with a job and a studious nature may be a good fit. You might want to offer regular home-cooked meals in exchange for their efforts on cleaning, yard chores, or running errands. Alternately, a business professional who is seldom home, but needs calm and quiet when they are home may be a perfect fit for your lifestyle. Or someone who travels often and needs pet care while they are away.

2. Seek Compatibility
Look for someone who is financially stable, shares some of your interests, has a similar lifestyle, and enjoys the same level of cleanliness (or chaos). This will help you avoid the most common roommate arguments. If you have physical limitations, select a roommate with different restrictions so that you can help one another. Choose someone who compliments your strengths and weaknesses. A poor choice may
result in less interaction and more loneliness, so be sure to agree to a “trial” period, for everyone’s sake.

3. Discuss Personal Preferences
Privacy expectations and lifestyle preferences should be discussed and agreed upon. For example, if one person is a night owl and the other an early riser, the arrangement may work flawlessly (to allow each other some alone time). Or, you may clash with one another (if one person blasts the television or bangs pots and pans while the other is trying to sleep).

4. Protect Yourself
Meet potential roommates for the first time in a public place (get coffee and chat), to gauge your compatibility before inviting them to see your home. If you do like them and want to show the home, be
sure, a friend or family member is at your place when you invite a potential roommate over for the first time. Get references from previous roommates or consider a background check and a credit check before inviting someone you don’t know to live in your home. If renting, add the roommate’s name to the lease or on a sublease. Put any agreements you make in writing.

5. Enjoy!
It can be delightful to live with a well-selected roommate. Don’t forget to relish the company, appreciate your differences, and work together to experience a better life than either of you could have
enjoyed on your own.

Reach out to me if you would like to explore the idea of Senior Co-Living.

Teresa.barthol@exprealty.com or 425-876-9552

www.lifestylestolive.com

Count on me to guide you through the process of co-ownership with expertise and ease.

Joyful living for all!

Teresa Barthol

Teresa Barthol

Realtor - Managing Broker
LifestylestoLive.com
425-876-9552

about

 

Teresa Barthol

 

Teresa Barthol -Managing Broker with eXp Realty Seattle.  Brings 22 plus years’ experience to consult with clients about real estate in the 3rd and 4th quarters of their lives. .  With longevity in Real Estate Teresa loves to share her optimistic problem solving skills, creative out of the box thinking along with her enthusiasm for great outcomes. “Believe,” she will say, your desires in life will be realized. Teresa focuses on Lifestyles to Live within the four walls you call home.

With Guest Authors: 
Marcelle Allen from Dreamosity
Elisa Hawkinson - How2GetOrganized!
Karen Herold - Wise Transition

5 EASY STEPS TO AMPLIFY YOUR MESSAGE ON SOCIAL MEDIA

Learn 5 simple things you can do to boost your social media presence in your marketing strategy.

Where to find a Rambler

Where to find a Rambler

Fave Lifestyles

Where to find a Rambler or a planned community for the over 55 lifestyles.
Or shall we call it? “Where to live? Where my knees won’t hurt!

This past week I was out showing homes to a client who is in search of a Rambler to move to. If you have had the experience lately to go looking for that “one level living” here in the northwest, you know how frustrating it can be. The Inventory of homes to sell in the Northwest continues to be very low. We have at most a one-month supply to sell.

If you are a Seller in this market and have one level, or as we call it a Rambler in the 1500-2400 square foot size, you should talk to me. Sellers are watching the HGTV channel & they are looking at what Buyers want. In doing so, they are maximizing the ultimate selling price of their home. Side by side a home that has these features will sell for 10 to 25% higher.

  • fresh new paint, inside and out
  • the roof is new if it has less than 5years of life left
  • freshly painted front door & inviting setting to greet people
  • Updated light fixtures inside and out
  • Trim package with current interior door styles
  • Kitchens with shinny appliances
  • Countertops of granite or quartz
  • Flooring that is either new carpet or wood flooring (laminates work too)
  • Neutral color palette
  • Repair of things that don’t work

Where do you find the 55plus communities in the Northwest or elsewhere? You will find some information on ActiveAdultLiving.com

ActiveAdultLiving.com was first launched in 1998. The site was conceived as a means of providing individuals, aged 55 and up, with information regarding age-restricted “active adult” communities. In its earliest stages, the directory contained just 200 community listings, but as the project grew, ActiveAdultLiving.com quickly became a premier source of information on adult living communities throughout the United States.

Where to find a Rambler
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SRES or The Seniors Real Estate Specialist® (SRES®) designation is REALTORS® who are certified to meet the special needs of maturing Americans when selling, buying, relocating, or refinancing residential or investment properties.

Contact me at Teresa.barthol@exprealty.com and I will show you communities in the Northwest like Trilogy in Redmond. Recently took my client to Trilogy to view five wonderful homes, all Ramblers, and all in a beautifully planned community.

If you are not interested in a planned community, we can find many Ramblers that are being newly built today in the outskirts of the Seattle area.

For the economically minded we have communities like Bothell 55+ Manufactured home communities or Everett. Marysville has new construction Ramblers in the low $400’s. Mount Vernon as well.

Many affordable rental apartments newly built in Snohomish & Marysville; Everett offers smaller unit apartments for as low as $1200. For 55+ with income qualifications.

It is my goal to find the right Lifestyle community that meets the needs and financial goals for clients transitioning in the 3rd & 4th quarters of our lives.

Reach out to me at 425-876-9552, it would be my pleasure to chat with anyone about Senior Living options here or across the United States. Find me also at www.lifestylestolive.com or Teresa.barthol@exprealty.com

“All our dreams can come true if we have the courage to pursue them.” -Walt Disney

Call on my expertise in Real Estate to help you fulfill your dreams today!

Teresa Barthol

Teresa Barthol

Realtor - Managing Broker
LifestylestoLive.com
425-876-9552

about

 

Teresa Barthol

 

Teresa Barthol -Managing Broker with eXp Realty Seattle.  Brings 22 plus years’ experience to consult with clients about real estate in the 3rd and 4th quarters of their lives. .  With longevity in Real Estate Teresa loves to share her optimistic problem solving skills, creative out of the box thinking along with her enthusiasm for great outcomes. “Believe,” she will say, your desires in life will be realized. Teresa focuses on Lifestyles to Live within the four walls you call home.

With Guest Authors: 
Marcelle Allen from Dreamosity
Elisa Hawkinson - How2GetOrganized!
Karen Herold - Wise Transition

5 EASY STEPS TO AMPLIFY YOUR MESSAGE ON SOCIAL MEDIA

Learn 5 simple things you can do to boost your social media presence in your marketing strategy.

From My Fave Chair to Yours

From My Fave Chair to Yours

Fave Lifestyles

DOOR -Entrance to your Home.

What color is your front door? Did you pick the color for what it would express to
your neighbors or it is your favorite color? As a Realtor, I talk to my clients all the time about
the importance of a good first impression. The front step where Buyers wait for me to open
the door is key to what experience they will expect to have. If the dead plants are sitting in
broken pots-not good. If the doormat looks that it has seen may years & looks tattered or
faded or just plain ugly, I suggest a change to a large new simple black mat. Front doors with
peeling paint trim or chewed up by the dog-no good. Must replace the trim and/or paint it. 
Door handles are also an eyesore, put on a new fresh lock & make sure there is ease of use by
those wanting to see your home. The threshold could be an issue too, the weather stripping,
etc. The idea is to have that front door dazzle the clients. 

Last on the list of refreshing is painting the front door. I would strongly recommend a
professional to prep the door, seal the cracks, add new glass to it, prior to painting. Over the
years I have seen many DIY jobs gone wrong. In fact, this morning while showing a 1.2 million
dollar home, the owners had tried to fix the door themselves & ouch it was not good. They
realized the misstate & left a note for us to know they were on the project & would have a
professional painter take care of their mess on the front door. Stepping into their home, was a
great experience but, the front door was not so exciting. Looked like they had never updated
the original 1970’s original door. 

Writing about Door colors reminds me of my first Office as a Realtor. I had a collection of Door
pictures as my décor. For many years I enjoyed the idea of what the Door represents.

From My Fave Chair to Yours
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There are many philosophies around the meaning of the “Door” In Google searching, I found
many sites with lots of Quotes. “When one door closes another will open” I always liked that
as a positive way of looking at the plans that didn’t work out. Its been true over the years.
There is always another door to open, some are locked tighter than others and some even
stand open waiting for you. When you least expect it the Door pops open. One of my favorite
pictures were two doors to a building, looking identical, representing the idea of neighbors close
by. Below that picture was a quote by Emerson, “A friend may well be reckoned the
masterpiece of Nature” Those doors next to each other were White. The meaning in a White
front door is that it projects clean, clean lines, leading a guest into a simple yet
organized home.  Ha Ha, that’s not a guarantee.

Today I have the Green Door picture by Lee Man in my house. It has the red geranium by the
door & the front steps have red pedals that the wind has blown off the plant. Unusual to find
untidy front doors in Rothenburg where the picture was taken. Green Doors are a traditional look.
A sign that the people are ambitious and strive for personal growth in themselves and in their
wealth creation.

Red Doors, I wrote an article about that when I was the co-owner of the Red Door Team. It’s a
positive sign, a sign of good fortune.  In history, it was a welcoming sign for travelers. In some
cultures, it was a sign that the mortgage was paid in full. Its good energy to have a Red Front Door!
I have a Pinterest collection of Doors. It’s a sign your home is a safe place.  Red Doors in
my opinion are very sharp looking & fun.

I love Yellow.  Seems that lately, I have been seeing more Yellow front doors. Yellow sends
a message to your neighbors that you are a morning person? Not me. Other meanings found
were that a Yellow door projects confidence, creativity, wise, humorous & understanding.
Expect your neighbors to take notice. You are definitely a positive person.

Now Blue seems to be another color I’m seeing more of. I guess it depends on the shade of blue
as to what it means. Royal blue is prosperous, dark blue is grounded and calm, or the powder
blue, friendly, and sincere.

Read more about the surprising things your front door reveals about your soul.

Enjoy!

Call me at 425-876-9552 for a free consultation on preparing your home for sale. If you want to go in search of
the perfect Front Door, Call me on that too.

Teresa Barthol

Teresa Barthol

Realtor - Managing Broker
LifestylestoLive.com
425-876-9552

about

 

Teresa Barthol

 

Teresa Barthol -Managing Broker with eXp Realty Seattle.  Brings 22 plus years’ experience to consult with clients about real estate in the 3rd and 4th quarters of their lives. .  With longevity in Real Estate Teresa loves to share her optimistic problem solving skills, creative out of the box thinking along with her enthusiasm for great outcomes. “Believe,” she will say, your desires in life will be realized. Teresa focuses on Lifestyles to Live within the four walls you call home.

With Guest Authors: 
Marcelle Allen from Dreamosity
Elisa Hawkinson - How2GetOrganized!
Karen Herold - Wise Transition

5 EASY STEPS TO AMPLIFY YOUR MESSAGE ON SOCIAL MEDIA

Learn 5 simple things you can do to boost your social media presence in your marketing strategy.

From My Fave Chair to Yours

From My Fave Chair to Yours

Fave Lifestyles

“Show Your Work” by Austin Kleon

This was the first book I received from my Real Estate friend Natalie Danielson, professional
Directions who is in charge of encouraging and teaching Real Estate Agents in Washington State
You can find her at clockhours.com

“Show Your Work” It is a little book of “10 ways to share your creativity and get discovered”
There are ten chapters in this book with ten intriguing ideas on how to look at our work. It
seems like the book is talking to the artists of the world; however, I believe we all could use a
dose of “Show Your Work” Many of us tend to hide behind our talents, thinking we are not so
significant or that no one is interested in what they do. Cheers, I say, to the confident ones who
are brave on all fronts and expose their works openly. About the book.

I want to think that I am brave, willing to expose the work I do in life. On many days I too need a
dose of the positive encouragement from this little book. I have it close by for a reminder. The
chapter in that little book of inspirations that reached out to me was #5 “Tell Good Stories.”
As a Realtor, I hear many stories about my client’s homes, kids, family, neighborhoods, pets,
and the changes that have happened over time in their home. I love these stories! With 22+
years of experience in my Real Estate career, the stories inspire me to keep going. To keep
going, I like to tell stories that paint pictures of ideas, experiences, and some trials. Telling
stories helps bring perspective to situations. I’m hopeful that my stories are helpful, bring
laughter, and share a community; we are not alone. Often one person’s account is not
dissimilar from another & by telling the stories, it helps move us forward in understanding.
“Keep Going” is another book by Austin Kleon that my friend gave me sometime after the
“Show Your Work.” I guess she thought I needed to express myself more creatively. The new
book is about “10 ways to stay creative in Good times and Bad” Chapter # 4 “Make Gifts”
Years ago I used to make gifts, and loved the gifting. In 1990 I was making kites and gifting them
to my son’s friends. The kids loved the gifts & some adults got excited about some of the bigger
kites. We did many of the local Art & Craft Fairs during our ownership of Bayside Kites.
An excellent friend & I enjoyed those years from 1990 to 1996 growing the business of “Bayside
Kites” In 1995 we decided a change was needed & we sold the company. The new owners are
still selling a vast array of kites, windsocks, banners. Its fun to look back on the stories that we
created around the kite making experience. It was a creative time. It allowed me to stay at
home with my boys. Our families have much fun and loving stories to tell about our experience
making and selling kites together.

From My Fave Chair to Yours
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Recently I was reflecting on those creative gift-giving times. I felt I had lost those original, fun
creative days and reached out to some people teaching crafts & combining artistic expression
with coaching. In the process of spending time being creative, expressing emotions in art allows
a perspective to life transitions. Karen helped me find that creative expression I had lost.
 She took me through some challenging life events. It was interesting how that process helped
 & lifted the heaviness off my shoulders. I thank Karen for the creative time we spent together.
 I stories I was very attached to have changed or gone away. It was helpful to get unstuck.
I learned we don’t have to make those real-life stories of grief, hurt, disappointment frame you
forever. New stories freed me to feel more creative & feel more accomplished and ready
to share my work. Reach out to Karen if you are feeling stuck in your life stories. Or if you want
more. confidence to “Share Your Work.” 

When I spend time with homeowners listening to their stories, I find they too are finding
themselves stuck in a story. The ones I especially find interesting are the stories. Remodel a
home can be a significant expense & a stressful time. Once that remodel was completed, well,
that’s it. No need to make any more changes & clients will tell me with certainty that they just
renovated their house. The home could include addition or kitchen, bathroom, or outdoor
patio. Those are home remodels that pay off most when you come to sell. However, if that
remodel was thirty years ago. Today’s buyers consider that thirty-year-old redo work,
outdated. The story repeats itself across homeowners, especially those that have had one
home for life… Like my Kite story that feels like yesterday, the remodel and changes to homes
feels like yesterday, and homeowners speak of it with pride. For those who have done major
remodels in a home, you know what a life-changing experience it is for the whole family. Having
contractors in your home, picking out paint, cabinets, and floor coverings upset routines causes
emotions to flare up, causing havoc with day to day schedules…

Do you have stories like this? Is there a story you feel stuck telling over & over? Does that story
seem to go with you everywhere? After a few times at Artsy Fartsy events and a few one on
ones with Karen, I wanted to move on to some new material. Transitions, (like moving from a
lifetime home), bring to life many memories, lots of emotions not to mention the work involved
to make it happen. As a Real Estate agent, I believe, these stories need to be heard, listened to,
and explored. Because in knowing the stories, it helps us find solutions. Yes, “Show Your
Work”, gift it to others, and don’t be afraid to move into a new story: a new home, a different
location. Find the creative expression that makes you feel alive and full of Joy! You deserve it!

Cheers
Teresa
P.S. order or gift the book: Show Your Work!: 10 Ways to Share Your Creativity and Get Discovered

Teresa Barthol

Teresa Barthol

Realtor - Managing Broker
LifestylestoLive.com
425-876-9552

about

 

Teresa Barthol

 

Teresa Barthol -Managing Broker with eXp Realty Seattle.  Brings 22 plus years’ experience to consult with clients about real estate in the 3rd and 4th quarters of their lives. .  With longevity in Real Estate Teresa loves to share her optimistic problem solving skills, creative out of the box thinking along with her enthusiasm for great outcomes. “Believe,” she will say, your desires in life will be realized. Teresa focuses on Lifestyles to Live within the four walls you call home.

With Guest Authors: 
Marcelle Allen from Dreamosity
Elisa Hawkinson - How2GetOrganized!
Karen Herold - Wise Transition

5 EASY STEPS TO AMPLIFY YOUR MESSAGE ON SOCIAL MEDIA

Learn 5 simple things you can do to boost your social media presence in your marketing strategy.

From My Fave Chair to Yours

From My Fave Chair to Yours

Fave Lifestyles

It is rare to hear anyone say that they love to move. Especially if someone has lived and loved their home for 20, 30 years, or more, these Senior homeowners do not like to be forced by anyone to move quickly. When they feel like the push is coming from children or another family member, friend, or Realtor, they start to resist. They need to be encouraged to make decisions. They need to feel in control of their plans to move, the downsizing of things, and the general paperwork required in a Real Estate Transaction. Often the process of moving never gets off the ground as they procrastinate. Procrastination leads to frustration for everyone involved.

Do we ask? What is the Bright side then?

If Seniors are encouraged to move, given time to facilitate the changes and find trust in professionals to help them, the move happens with collaboration.
The result for the family and the Senior Homeowner could then bring on these Bright experiences:

A. Fewer Responsibilities for all
1. Less stress on one’s shoulder for hiring or managing the at-home tasks.
2. Less conflict with family over who is going to help with projects needed.
3. Smaller space means less to clean & maintain

B. More time to enjoy the activities that bring Joy to the Day for both the Seniors & the family.
1. Family time is more focused on fun conversations & playtime
2. It’s easier to get out with friends
3. More time for hobbies like golf, traveling, sewing, crafts, reading, etc.

From My Fave Chair to Yours
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C. A new start Brings a New life to Many & more Freedom to engage in Relationships & activities.
1. New friendships are formed.
2. In a new environment, more attention to the life stories
3. Activities they are learning anew, make them feel younger.

D. A great way to ditch the stuff. The stuff seems to love them and holds them back from making practical decisions. Once encouraged to let go of stuff, Seniors feel free, it opens a new chapter in life. Make Day to Day life more enjoyable when all baggage is left behind.
1. No more boxes and bags filled with stuff no one needs
2. All the things turning moldy are gone
3. Children have taken the treasures & given them new homes
4. Furniture, clothing, are now repurposed or disposed of for being overused or not used at all.

Now you know the Bright Side of moving. Trust me! It can be a project completed; I’ve seen it happen. On the other side of the move, I hear them say, “We should have done this sooner.”

Call me & I will help you find that Bright side. No waiting for moving to happen when a crisis occurs or have you saying “I should have done this sooner”.

Cheers, Teresa

Teresa Barthol
Broker/Realtor
EXP Realty
www.lifestylestolive.com
425-876-9552
Teresa.barthol@exprealty.com

Teresa Barthol

Teresa Barthol

Realtor - Managing Broker
LifestylestoLive.com
425-876-9552

about

 

Teresa Barthol

 

Teresa Barthol -Managing Broker with eXp Realty Seattle.  Brings 22 plus years’ experience to consult with clients about real estate in the 3rd and 4th quarters of their lives. .  With longevity in Real Estate Teresa loves to share her optimistic problem solving skills, creative out of the box thinking along with her enthusiasm for great outcomes. “Believe,” she will say, your desires in life will be realized. Teresa focuses on Lifestyles to Live within the four walls you call home.

With Guest Authors: 
Marcelle Allen from Dreamosity
Elisa Hawkinson - How2GetOrganized!
Karen Herold - Wise Transition

5 EASY STEPS TO AMPLIFY YOUR MESSAGE ON SOCIAL MEDIA

Learn 5 simple things you can do to boost your social media presence in your marketing strategy.

From My Fave Chair to Yours

From My Fave Chair to Yours

Fave Lifestyles

HOW DO YOU PLAN TO AGE?

Depending on the age you are currently, you are either thinking that you are not “that OLD” or
you are feeling like you are getting “OLDER” every day. I only say this because recently I
jumped into the category of being called a “Senior” Never thought of myself becoming a Senior,
and I currently don’t feel like a Senior nor do I use the word “OLD” Not to say there are not days
of the neck, back or knee pain or some other not feeling good days.

As a Realtor serving Seniors and having an SRES designation that makes me more
knowledgeable about serving Seniors, I decided to refer to life past 55 as the 3rd & 4th Quarter.
In thinking about timelines as it relates to homeownership, it is many different needs that people
have at 55, 65, 75, 85, and 95. Fortunately, I’m blessed with clients in all those ages.
Mostly it’s not about age; instead, it’s about the Lifestyle. What is exciting at 55, is owning
second homes, vacationing, and traveling. Often at 55, the Dream Home may have been
purchased. One where there is plenty of room for entertaining, giving a room for everyone plus
the quest room & den too. At 65 -85, all those same needs exist but, let’s go to a one-level home
Lifestyle.

At 85-95 is the time of downsizing, getting to a home where the care, cleaning, and Maintenance
is not so unmanageable. The age considerations overlap, and I’m generalizing for a point.
How do you plan to age?

Let me list a few things that come to mind as to what I’ve considered about this question.

Health -yep, I want to stay healthy
Family – They should be as close by as possible
Retirement – Never given much thought about it until now
Finances -want to continue to live the lifestyle I’m comfortable with
Social connection -love to be around friends and enjoy an event with them

A longer list is possible.
Could you think of what you would add?

From My Fave Chair to Yours
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How do you plan to age with your housing? That’s the question you may face with a doctor who
tells you to be in a safe environment. A financial planner tells you to consider other options
because the finances are going to run out. Children have something to say about the family home
too. Maybe they want the home to be theirs, or they are hopeful of an inheritance. Sisters,
Brothers, they may be tugging at you to make a change. There are many options, of course. Like
my friend Elisa Hawkinson with Calming the Chaos writes in
Favelifestyles, How to Navigate Life through each Season of Aging.

Ideas on how to navigate each season of life. Or Elisa points out the reality of making a move in
30 days. Are you Ready? 

My encouragement as you think about how you plan to age is to think about what the real cost of
staying in the large family home you purchased in your 40-50. What is the real cost of living in
that home with rooms you do not use?

Based on an $800,000. Home in the King or Snohomish county area, what are some of the
typical costs (costs vary by location & condition)

The monthly costs would look something like this:
Maintenance (many economists use 3% as the benchmark) $2,000
Home Owners Insurance $75
Property taxes $800
Utilities (gas, electric, water) $150
Sanitation $75
Outdoor Maintenance (landscaping) $200

Total Housing Expense Each Month $3,300

Even if you own your home free and clear, there is still an expense to living in your home, even
if it is paid off. Plus, consideration for market timing in selling should be evaluated. We want to
avoid having you sell in a down market. Keep track of your Realtor and prepare for making
changes, even if you are not ready. You know the path to “How you plan to age” and what
Lifestyle you want to live that gives you peace of mind, financial and physical comfort. In a time
when you are ready for a move, the outcome is successful for you, your family, and friends.

Call Teresa Barthol 425-876-9552 for an appointment to begin your path to financial and physical
comfort, and a successful move. Know the data behind your
dreams! www.lifestylestollive.com  Teresa.barthol@exprealty.com

Enjoy Today!

Teresa Barthol

Teresa Barthol

Realtor - Managing Broker
LifestylestoLive.com
425-876-9552

about

 

Teresa Barthol

 

Teresa Barthol -Managing Broker with eXp Realty Seattle.  Brings 22 plus years’ experience to consult with clients about real estate in the 3rd and 4th quarters of their lives. .  With longevity in Real Estate Teresa loves to share her optimistic problem solving skills, creative out of the box thinking along with her enthusiasm for great outcomes. “Believe,” she will say, your desires in life will be realized. Teresa focuses on Lifestyles to Live within the four walls you call home.

With Guest Authors: 
Marcelle Allen from Dreamosity
Elisa Hawkinson - How2GetOrganized!
Karen Herold - Wise Transition

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