Real Estate

Appealing to the downsizing market

As the baby boomers get older, many of them are looking to find a single-storey home that they can lock up and leave when they decide to go away for awhile. The newest phase at Langley's Waterstone, called Esplanade, has been catering to downsizers with spacious floorplans and a vibrant community feel.

"These are the largest ever floorplans offered at Waterstone," says Scott Brown of Colliers International. "It's also the first lofted product in the area. That loft gives you 100 square feet of extra living space."

Along with that extra space, the homes with lofts will have 14-foot ceilings.

Brown notes that it can be hard for downsizers to move from a larger single-family home to a small condominium, especially when they've been there for many years and possibly raised a family.

"There's an emotional connection to your home," he says.

One of the things that he has found downsizing buyers asking for is storage. People accumulate plenty of possessions over the years, and sometimes aren't ready to part with all of it quite yet.

For more information about Esplanade, visit waterstoneliving.ca or call 604-530-5399.

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