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in si de ha lto n. co m O ak vi lle B ea ve r | T hu rs da y, A ug us t 22 ,2 01 9 | 30 228 King St. E. Hamilton 905-546-1921 servicing theservicing the oakville community for over 20 years! trafalgarVillagE, oaKVillE 905.849.4472 opEn Sunday The Property Brother's New CollectionDeal of the Week! Rugs by Karastan CASH & CARRY SALE ALL IN STOCK AREA RUGS 1/2 Price The Property Brother's Ne BEStQuality. BEStSErViCE. BEStpriCE. and Across fromAcross fromAc OakvilleGoStaakvilleGoStaakvilleGoSt tion 20%off Custom made Kitchen and Bathroom Cabinetry |Custom made Kitchen and Bathroom Cabinetry |Custom made Kitchen and Bathroom Cabinetr Closet Systems Entertainment Units | Basement Renovations | Full Renos and More! Create Your Dream Look ♦ 100% Canadian Made Cabinetry ♦Quality Craftsmanship ♦ 20+ Years Experience ♦ Visit our 6000 sqft Design Centre Units 2-3 333 Wyecroft Rd, Oakville T 905.844.3332 F 905.844.3334 www.aromakitchens.ca | info@aromakitchens.ca The kids are long gone, you're in a big home that requires a lot of maintenance and is expensive to heat and cool. You're also thinking it's time to explore a different kind of living. So why not downsize?  With downsizing, however, comes hard decisions. Should you stay nearby or leave town? Do you want to live in a condomin- ium or single-family home? Making the wrong move will cost you and maybe you'll have to relocate once again. According to  recent studies,  people downsize for a variety of reasons - a de- sire for lower monthly housing costs, a larg- er home is too much work, there are fewer family members in the household and not as much space is needed, and the wish to free up cash from a prior home while build- ing equity in another. Whatever your reason, the solution may be a  land-lease home where you buy the home outright and lease the land. By down- sizing from a larger house with higher costs into a  land-lease home, retirees can  free up cash for more important things in life. The key to the affordability of land-leas- ing is that you pay for just the home and not the lot it sits on, making it much more affordable.  This means  you're  than free to do whatever  you  wish with the mon- ey you unlock from the sale of your current home, or money you're not paying the bank in big monthly mortgage payments. What you do with that money is your choice. Many  land-lease homeowners are snowbirds or frequent travellers. Some pur- chase nearby golf memberships or their dream car or boat, or simply create more retirement savings that may not  be pos- sible otherwise. Moreover,  land-lease homeowners con- tinue to build equity because they own the home. Market  analysis  shows that well- maintained homes in land-lease communi- ties appreciate in value similar to freehold homes in the same market. And, since  land-lease communities are also often located in picturesque settings a short drive from larger urban centres, the model may be an attractive housing option for retirees who are considering downsizing as their needs change. Find  more information  at  parkbridge. com. (NC) A smaller home can cut your costs and worries