Are you wondering if it makes more sense to rent or own a home in retirement? Many seniors in Halifax and across Nova Scotia are asking this very question as they think about downsizing from the family home.
In this video, I’ll walk you through the lifestyle benefits and financial differences of renting vs. owning in retirement. Whether you’re considering a modern condo, a low-maintenance apartment, or a senior-friendly retirement community, this guide will help you decide what’s best for your retirement years.
Here’s what we’ll cover:
✅ Lifestyle advantages of renting in retirement (flexibility, less maintenance, community living)
✅ Lifestyle advantages of owning in retirement (stability, control, legacy for family)
✅ Financial pros and cons of each option — taxes, maintenance, rent increases, and freeing up equity
✅ Key questions you should ask yourself before making the decision
✅ Local Halifax examples of popular rental apartments and downsizing-friendly condos
📘 FREE GUIDE: If you’re starting to plan your downsizing journey, download my free report: 8 Easy Tips for Downsizing Your Home → http://www.8DownsizingTips.com
This practical guide will help you get organized, reduce stress, and avoid common mistakes when preparing for a move.
👉 Stay Connected:
Website: http://www.HalifaxSeniorLiving.ca
Facebook: https://www.facebook.com/HalifaxSeniorLiving
YouTube: https://www.youtube.com/@halifaxseniorliving
Phone: 902-497-3031
I’m Roy Thomas with Sutton Group Professional Realty. Helping Halifax seniors downsize with confidence and peace of mind since 1991.
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Roy Thomas is a dedicated and compassionate real estate professional based in Halifax, Nova Scotia. He has been licensed since 1991. His specialty is assisting seniors and their families as they navigate the often complex process of downsizing from their homes. Recognizing the emotional and logistical challenges involved in such transitions, Roy offers a personalized, hands-on approach, ensuring his clients feel supported every step of the way. His deep understanding of the local market and his commitment to integrity and clear communication have made him a trusted advisor for many Halifax families. In addition to his expertise in real estate, Roy has cultivated a network of trusted professionals, including stagers, Movers, financial and legal advisors and others to help ease the downsizing process.
Roy Thomas, SRES®, Senior’s Real Estate Specialist Cell: 902-497-3031
Sutton Group Professional Realty
Web site: http://www.HalifaxSeniorLiving.ca