Pre- and Post-Retirement Square Footage - Early Retirement ...

Pre- and Post-Retirement Square Footage

Yesterday, 12:03 PM	? #1
Full time employment: Posting here. ? Join Date: Jun 2002 Posts: 501	Pre- and Post-Retirement Square Footage For those who are retired (early or otherwise) AND who moved in connection with retirement, how large was your pre-retirement home? How large is your current retirement home? If you downsized, upsized or otherwise made a significant change in the size/type of home, what thoughts do you have on your decision? To what degree did you take guests (friends for the weekend, family, grandkids, etc.) into consideration when sizing your retirement home? Since I'm asking, here's my info: - Pre-retirement: about 2500 sq. ft. 3 BR 2 1/2 bath home with family room and sun room in the 'burbs. Large unfinished bsmnt. Small lot. - Post retirement: about 1850 sq. feet on main level and upstairs + partially finished walkout bsmt adding about 600 sq. feet of living space. 3 BR but each on a different floor. 3 baths. Bsmnt. level BR used as a family room; also a den in bsmt. Have rooms we rarely use (e.g., upstairs BR for guests) but when we need it we really need it. Too much land. Bottom line: pretty much the same square footage we had pre-retirment but divided up much, much differently. Why I'm asking: considering a move and am trying to rethink what we really need; other experiences always helpful. Thanks. ' + '?' + google_ads[i].line2 + '?' + google_ads[i].line3 + '?' + '' + google_ads[i].visible_url + ' '; } } '' } if (google_ads[0].bidtype == "CPC") { /* insert this snippet for each ad call */ google_adnum = google_adnum + google_ads.length; } document.write(s); return; } google_ad_client = 'ca-pub-7757781251671730'; google_ad_channel = '3711355403'; google_ad_output = 'js'; google_max_num_ads = '6'; google_ad_type = 'text'; google_feedback = 'on'; // --> __________________ friar1610
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Yesterday, 12:16 PM	? #4
Moderator ? Join Date: Jul 2005 Location: Houston Posts: 10,442	Pre-retirement: 3,500 sq ft, 5 bed with pool, 3 full bathrooms. Post-retirement: 1,236 sq ft, 2 bed, 2 full bathrooms. We don't have many guests so 1 spare bedroom is just fine for us. Initially we moved into a 3 bed place but after 2 years we realized that we didn't need the 3rd bedroom so downsized again about 9 months ago. (We sold the big house and now rent, so the 2nd move was very easy) __________________ Retired in Jan, 2010 at 55 Now it's adventure before dementia
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Yesterday, 12:44 PM	? #6
Administrator ? Join Date: Jan 2007 Location: New Orleans Posts: 22,054	I am retired, but haven't moved yet at this point. I have a guest bedroom, but will not require one in any future home. Guests can either stay in a nearby motel, or sleep on an air mattress, that can be inflated with an electric pump in whatever room they like. Either of these solutions are much cheaper than paying for extra square footage if there is a smaller house with no guest bedroom that would suffice. After all, who am I buying a house for, me or my guests? Possibly I might choose a larger home some day due to perfect location (next door to F? for example), but I will not reject a smaller home due to lack of a guest bedroom. Right now my house is 1600 square feet. This is way more than big enough for me in retirement; 1300 sq ft or less would be fine. I am somewhat flexible about square footage, although if/when I move, I would require a house under 2500 square feet. Over that would be in the realm of ridiculousness if just for me alone. __________________ "Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harborless immensities." - - H. Melville, 1851
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Yesterday, 12:54 PM	? #7
Thinks s/he gets paid by the post ? Join Date: Nov 2010 Posts: 1,787	Pre-retirement our main home was a ~2,700 sf split ranch with 4 bedrooms, 3 baths, 2 car garage, a pool and 1.6 acres. We had ~1,400 above grade and ~1,300 about 50% below grade (family room, 1/2 bath, laundry, office, storage, utility). The reason that I am elaborating is I know that sf gets counted differently in different parts of the country. We also had a lakeside home that was about 970 sf - 3 bedrooms and one bath with a one car garage. So about 3,700 sf +/- in total excluding the garages. We demolished our lakeside home and rebuilt on the same foundation with a walkout basement and now have ~2,000 sf with 3 bedrooms, 3 baths and the same one car garage. We designed so the main floor includes the kitchen, dining area, living room and master bedroom suite so we can live on one floor if we need to and we made all doorways, etc. wide enough for a wheelchair and the stairway wide enough for a lift. We sold our main home and now live year round in the renovated lakeside home. Going from two homes to one was a huge blessing financially and enabled me to early retire. However, compressing from a total of 3,600 sf with three garage bays to ~2,000 sf and a one car garage has been painful given that DW is bit of a packrat (albeit a loveable packrat). __________________
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Yesterday, 01:17 PM	? #10
Confused about dryer sheets ? Join Date: May 2011 Posts: 7	Pre-retirement: Two-story house, 2800 SF, 4 beds, 3.25 baths, on 2 acres in OKC. Post-retirement: One level, 940 SF, 2 beds, 2 baths, co-op in SoCal. Downsizing: tremendously liberating. __________________
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Yesterday, 02:10 PM	? #14
Dryer sheet aficionado ? Join Date: Sep 2011 Location: New York Posts: 28	I wouldn't be surprised if I have the smallest living space of anyone in the ER community. I have lived in a 300 sq ft co-op apartment in NYC for over 10 years. The actually living space is about 275 sq ft. This was ideal while I was working and accumulating my nest egg, but now that I am retired and spending more time at home I am feeling very stir crazy. I would like to step up to a larger place but in NYC that would be tricky given how expensive real estate is here. Ironically, I could sell my little place and use the proceeds to buy a very nice condo or townhouse in virtually any other community in the US and have money left over. I am beginning to look into options, and the "where have you lived" thread has been thought provoking. I know this doesn't help you much with your question, but I thought you would be interested to know that some of us are looking at "upsizing" into a retirement residence not downsizing. __________________
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Yesterday, 03:17 PM	? #16
Give me a museum and I'll fill it. (Picasso) Give me a forum ... ? Join Date: Jul 2008 Posts: 5,747	Home #1 - 2700 sq.ft., 5 BR, 3 bath, 2-story, diving pool, suburban lot. Home #2 - 1700 sq.ft., 3 BR, 2 bath, chalet style with 25-ft high beam, lots of glass, front and rear decks, panoramic view, better built than #1 and cost just a little bit more, big hillside lot, detached garage. Home #3 - 200 sq.ft. motor home, 7.4L, 9 MPG towing a "dinghy", DIY suspension improvement for cross-wind driving (need bragging here!) I love all three and will keep them all. __________________ Couple both 55-year-old, with both children out of college. DW RE @ 50. Working sporadic part-time the last 7 years. No pension, no benefits for either of us. Been thinking more about living in an RV in the boondocks for navel gazing, if wife would follow... Well, not permanently, but perhaps for one long summer...
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Yesterday, 03:46 PM	? #17
Dryer sheet wannabe ? Join Date: May 2012 Posts: 17	2600 sq ft ranch with a basement now 1462 single level w 3 bed, 2 baths with .25 acre downsizing again to a 1350 with 2 bed and 2 baths, but bigger "living" space and no grass to mow (yes!) __________________
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Yesterday, 04:02 PM	? #19
Dryer sheet aficionado ? Join Date: Jun 2012 Location: Austin Posts: 47	Currently: Primary: 3400sf 4/3.5/2 two story on .25 acres Secondary: 1890sf 3/2/0 one story on an acre of waterfront Once I retire, both will be sold and we will most likely settle into something in the 2500-2800sf range. __________________
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Yesterday, 04:26 PM	? #20
Confused about dryer sheets ? Join Date: Aug 2011 Location: Northampton Posts: 7	Two moves: In 2006 (oldest of 2 children to college) sold 4 bedroom 3000 sf home on small-ish lot with a pool and moved to 3 bedroom 1700 sf high rise condo. The intent was to get my equity out and get rid of all exterior home chores as I was working crazy long hours and tired of raking etc. I liked the ease of the condo and the down-size was very liberating, still had a bedroom for the college girl when she came home. In 2011 (youngest off to college) sold the condo at a 10% loss and moved east/retired. Bought a 2 bedroom townhouse with a small backyard (I missed raking leaves!) with 1600 sf, finished the basement to make a 3rd bedroom. Love it. Hope I can still climb stairs in 20 years because I don't ever want to move from here! The most important criteria for me in retirement was walkability to everything in my community and no bigger than 1800 sf for ease of upkeep/utility bills. ' + '?' + google_ads[i].line2 + '?' + google_ads[i].line3 + '?' + '' + google_ads[i].visible_url + ' '; } } '' } if (google_ads[0].bidtype == "CPC") { /* insert this snippet for each ad call */ google_adnum = google_adnum + google_ads.length; } document.write(s); return; } google_ad_client = 'ca-pub-7757781251671730'; google_ad_channel = '2895579729'; google_ad_output = 'js'; google_max_num_ads = '6'; google_ad_type = 'text'; google_feedback = 'on'; // --> __________________
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