Older adults have several housing choices in Portland that cater to them
Nearing retirement age and ready for that next stage in your housing life? The transition to a home in a community solely for those aged 55 and older is a common move, and one to be anticipated! Live amongst friends, take advantage of the great amenities offered…what’s not to love? (And for the record: Assisted living and independent living? Not the same thing.)
Portland happens to have plenty of fantastic options for neighborhoods planned solely around older adults. From its northernmost neighborhoods to just south of Salem, here’s an overview of the nine active adult retirement communities located in the Portland area. As you’ll see, senior living in these neighborhoods is anything but boring.
1. Claremont | NW Portland
For starters, it’s located in the serene and scenic Bethany neighborhood, recently named the best suburb to live in Oregon. Claremont boasts well-manicured grounds with a clubhouse, pool, and nine-hole golf course. The community offers numerous activities, clubs, and volunteer opportunities. Residents are free to choose their level of involvement. Bethany Village, West Union Village, and the Streets of Tanasbourne are all conveniently located nearby.
For an example of a detached home in this enviable neighborhood, take a look at this lovely two-level we happen to have listed.
556 Homes | Attached, Single-Family | Learn more
15800 NW Country Club Drive, Portland, OR 97229
2. Summerplace | NE Portland
Located equidistant from downtown Portland and Multnomah Falls, Summerplace residents enjoy proximity both to city life and to the beauty of the Columbia River Gorge.
Enjoy the tennis or pickleball courts, walking paths, or a game of bocce or horseshoes, as well as events like movie nights sponsored at the clubhouse. The community even offers RV storage on the premises.
807 Homes | Condos, Single-Family | Learn more
2020 NE 150th Avenue, Portland, OR 97230
3. Condolea | Lake Oswego
A condo community with a view! Mt. Hood vistas and acres of lush landscaping envelop the residents in Condolea, located in Lake Oswego, one of Oregon’s most affluent neighborhoods.
Pets are welcomed, volunteerism and active involvement are encouraged, and privacy is protected. Don’t forget the clubhouse and the pool!
56 Homes | Attached Homes | Learn more
45 Monroe Parkway, Lake Oswego, OR 97035
4. King City | Tualatin Valley
King City is known as a “55-and-better” community through and through. The clubhouse is a hub for resident activities and home to a woodworking shop, hobby and game room, and a flourishing arts and crafts studio. Classes like line dancing, Tai Chi, and water aerobics foster an active retirement lifestyle. Located along the busy artery of 99W, Oregon wine country is not far away.
1.287 Homes | Attached, Condos, Single-Family | Learn more
15300 SW 116th Avenue, King City, OR 97224
5. Summerfield | Tigard
Yet another attractive senior living scenario can be found at Tigard’s Summerfield. Whether choosing to reside in a condo, townhouse, or detached home, those living at Summerfield can enjoy the beautiful outdoor swimming pool, golf course, library, or fitness center.
Take classes or participate in clubs for everything from quilting to dance to travel, embracing the goal to “have fun and laugh often”. Nestled at the base of Bull Mountain, Summerfield is just down the road from the region’s many wineries.
We happen to have a property coming on the market in this neighborhood as well! CLICK HERE to take a peek.
1.231 Homes | Attached, Condos, Single-Family | Learn more
10650 SW Summerfield Drive, Tigard, OR 97224
6. Highlands | Tigard
Tigard is located smack dab in the middle of Portland’s westside suburbs, thereby convenient to just about everything the metro area has to offer. As well as proximity to parks, dining, and local health care providers, Highland residents benefit from access to a clubhouse with a ballroom, library, billiards area, and plenty of space for community gatherings, events, and clubs.
Looking for a covered front porch or back deck? Many of the residences of the Highlands qualify. Plus, the homeowners’ association covers the cost of exterior home maintenance.
319 Homes | Condos, Single-Family | Learn more
12930 SW Peachvale Street, Tigard, OR 97224
7. Charbonneau Country Club | Wilsonville
Imagine a lovely community for seniors, and Charbonneau just might be it. Gorgeously situated along the east bank of the Willamette River in Wilsonville, one of Portland’s southernmost suburbs, sit several hundred nicely appointed homes.
A fitness center with two indoor tennis courts. Homes that boast golf fairway or water views. Plenty of social engagements like potlucks or jazz concerts. Between the setting and the amenities, senior life at Charbonneau is rich!
1,500 Homes | Attached, Condos, Single-Family | Learn more
8. Woodburn Estates & Golf | Woodburn
Meandering along I-5 South from Portland to Salem, you’ll hit Woodburn, a diverse city full of history, culture, and agriculture, widely known for its outlet mall. Within this small town, Woodburn Estates & Golf has the distinction of being the largest active adult retirement community in the state.
An eighteen-hole golf course, billiards room, fitness center, and down-home Country Cottage Restaurant are standouts for residents. Here, you’ll have the chance to take up bunco, poker, water volleyball, or even the ukelele. Or just relax in the good company of neighbors at the weekly dances. That’s the way to feel young again!
1,510 Homes | Single-Family Homes | Learn more
1776 Country Club Road, Woodburn, OR 97071
9. Salemtowne | Salem
Finally, don’t leave out Salem as a retirement possibility. Oregon’s capital city boasts the established country club community of Salemtowne. As a resident, you can take advantage of the nine-hole executive golf course, cultivate your plants at the on-site greenhouse, or even match wits at nearby Willamette University‘s biannual mock trials. Plus, get a load of what must be one of the loveliest indoor swimming pools in the Willamette Valley! Invite the grandkids to join you once lap swim is over.
460 Homes | Attached, Single-Family | Learn more
2900 Oakcrest Drive NW, Salem, OR 97304
Varying degrees of housing offer the opportunity to age in place
For a more in-depth review of these planned communities for active adults aged 55 and older, you’ll find a great overview, along with additional photos and descriptions, at 55Places.com.
Each of these areas has been planned especially for older adults. By providing varying types of housing, many offer the attractive opportunity to age in place. When the time comes, do the research to see which may be the best fit for you!
We’d love to help you find that perfect retirement property! Drop us a line, or in the meantime, check out our active listings HERE.
Get “eDREWcated”! CLICK HERE to view more Real Estate 101 videos from The Drew Coleman Team.
4 keys to investing in a rental
If you have some extra money saved and want to invest it wisely, real estate remains a strong choice. CNBC reports that millionaires agree that property is one of the best investments you can make. A steady stream of passive income is always helpful, right? You can rent out the property to help cover the mortgage and later sell it for a profit once it has appreciated in value.
If you’ve never bought or managed an investment property before, this unfamiliar process may be daunting. It’s wise to work with a skilled realtor like a member of The Drew Coleman Team to identify a fitting piece of real estate. Acquiring a house, multi-family unit, or apartment is just one part of the process if you want to make money off your investment, however. This guide breaks down the basics.
Figure out your financials BEFORE you proceed with a purchase
Before you start shopping around for real estate, get those financials in order. How much of a down payment will you need? This figure will depend on the market and size of the property you are seeking. Credit.com suggests making a larger down payment so that you can get more favorable mortgage terms and avoid having to buy private mortgage insurance.
You should also consider the financial framework you want in place after you’ve purchased the property. If you’re going to collect rental income, for example, this is taxable, according to SmartAsset. It may be best to set up a limited liability company and establish your investment property as a legitimate business. You can use business formation services like ZenBusiness to make the LLC set-up process more affordable.
Select the right location – and the right property
Location, of course, is a key factor when buying a property. Whether you plan to rent or sell the place in the future, make sure it’s in a spot that has appeal. Major urban areas, beach locations, and college towns are all viable options. Roofstock provides a list of places from Atlanta to Chicago where you might consider buying a rental property based on criteria like home values, rent index, and projected future price increases.
The type of property is also a factor. If you want to transform the space into a lucrative Airbnb, for example, you’ll probably want multiple bedrooms. If you’re hoping to sell the house to a family down the line, factors like a backyard where kids can play are important.
Get the property in shape for rentals – or a house flip
If you want to maximize profits on your investment property, you may likely want to make some upgrades to make it more appealing to buyers or renters. Lodgify suggests making improvements like adding a fresh coat of paint or upgrading the amenities. For example, a luxury touch like a skylight or Jacuzzi can command a higher price.
Even the way you equip the property makes a difference. If you want to rent to families, for example, including items like a playpen or changing table will allow you to better reach your target market. Alternatively, if you want to cater to couples, romantic additions like a fireplace can help set the tone.
And, of course, flipping the property to create income is a whole different ball of wax. If you’re intending to rehab a house and then quickly resell for profit, educate yourself on the multitude of variables that come into play in that scenario. LandCentury offers a very thorough guide to approaching a house flip.
Establish a network of professionals to support property management
You can’t simply set up your investment property and expect it to run seamlessly without oversight. Consider establishing a professional network to help manage and run the property, especially if you aren’t located nearby. This could include maintenance persons like plumbers, cleaning crews, and property managers. Mashvisor explains what property managers do, from finding tenants to overseeing maintenance.
We can’t stress enough the peace of mind a quality property manager can bring. Drew himself has owned a rental property and will tell you it’s quite freeing to be unencumbered with the nitty, gritty details. “Rental property can be one of the best ways to build wealth. That being said, although it costs a bit more, I always sleep more soundly knowing that a property manager will be there to field that late-night phone call regarding an issue with the property.”
Buying and managing an investment property is certainly a commitment. You won’t be able to buy a place and start turning a profit overnight. However, if you follow the above steps and put in the time and effort needed, you will be able to successfully establish your investment property.
We’d love to help you find that perfect investment property! Drop us a line, or in the meantime, check out our active listings HERE.
Pragmatic tips to wrangle the little ones while keeping things extra clean.
Getting your home ready for sale is notably more difficult with little kids running afoot. It’s hard enough to keep the place tidy when you’re not trying to impress potential buyers!
But staging your home and keeping it spotless for showings is essential, especially if you want your home to sell quickly. Clutter, disorder, and uncleanliness will distract your buyers and prevent them from seeing all the great things your home has to offer. And let’s be honest, some of us really LIVE in our homes.
Fortunately, some strategic planning can help you stay on top of the mess, no matter how busy you are. Successfully staging and selling your home with kids can be done!
Invest in professional cleanings
“A messy home will turn buyers away,” says professional stager Shawn Varwig with Judson Roy Home. “They will wonder what is lurking behind the mess that they may not be able to see, or they might even believe that you didn’t care well for the home and they don’t want to buy your problems.”
If you can’t find the time to stay on top of cleaning, consider hiring a professional cleaning service. A weekly or bi-weekly cleaning will take a lot of the pressure off while your home is on the market so that you can focus on other important tasks like decluttering, depersonalizing, and making impactful upgrades. According to HomeAdvisor, the average cost of a home cleaning service in Portland is around $116 to $256. Think of this as just another expense involved in the home-selling process!
Side note: You should also neutralize pet odors, says Varwig. “We become accustomed to our own smells, and often do not realize when our pets have left their scent behind. If you don’t smell any pet scents in your home, ask a friend or neighbor to come in and see if they can smell Fido.” The same is true for diaper pails and the like.
Store excess clutter
“One of the most helpful things we did was to start by packing away the unnecessary stuff,” recall Danny and Melissa Howell, clients who have moved twice with their children, ages four and two. Decluttering is one of the easiest ways to make your home appear bigger, brighter, and more inviting to your buyers. (Plus, wiping down counters, dusting shelves, and vacuuming floors will take much less time when there is nothing in your way.)
Clear out any clutter that is crowding your home, including tabletop décor and excess furniture. If you don’t have time to sort through stuff and get rid of unwanted items, just throw everything in a storage unit (it costs an average of $87 per month nationally to rent a unit).
An alternative? The Howells boxed up excess toys, clothes, and items from their linen closet and stored those boxes along a wall in the garage, stacked nicely. “I think people expect to see some boxes when someone is moving, so having some in the garage off to the side seems like a good option.”
Keep your closets organized—your buyers are bound to peek inside! Boston Globe suggests leaving your closets half empty to show that your home has plenty of storage space. You won’t believe how big of a difference this makes in photos. Keep in mind that pattern can read as clutter.
And don’t be afraid to call in the troops for extra manpower. “Whether that be family, babysitters…having people to help with the kids while you clean and declutter was a HUGE help,” says Danny Howell. “My mom helped pack extra items from the kitchen and linen closet while my dad helped watch the kids so we could focus on the task at hand. It takes an army sometimes.”
Paint the walls neutral
As a busy parent, you may not have a lot of time to make home renovations before putting your house on the market. Painting, however, is a relatively quick and affordable way to add value to your home and impress potential buyers.
Opt for neutral paint colors that will appeal to everyone. Sharper Impressions Painting recommends gray, beige, or a mix of the two called greige. Neutral colors are especially important in children’s rooms, as bright pink or neon green walls can quickly scare away buyers!
Learn some staging tricks
Staging your home will help it sell faster, so you can move into your new place and get your life back to normal as soon as possible. If you’re pressed for time, focus on the most impactful staging tricks.
For example, you can quickly turn your bathroom into a spa-like environment by removing clutter from the counter, filling clear jars with cotton balls and bath salts, and hanging fluffy, white towels.
When it comes to staging your children’s rooms, you may want to invest in some nice toy chests and lidded baskets to stow away clutter and keep the space looking organized. “We have lots of bins that look nice and help the toys disappear,” suggests Danny Howell. “Think fabric storage bins that are all consistent in size and color so they have a uniform look.” Tuck items like diaper pails and hampers away inside closets.
Remove personal items
Depersonalizing your home is an important staging element. Buyers need to be able to imagine themselves living in the house, which can be difficult if it’s decorated with family photos and children’s artwork.
Fortunately, it won’t take you long to remove all those personal items from your home. Remove family photos, degrees, certificates, hobby items, and personal memorabilia. Remember, this is only temporary! Box everything up and move it into storage until you can unpack it again in your new home.
Find ways to involve your kids in the process
Whether they are toddlers or teenagers, include your children in the conversations about the transition happening in your household. Getting them excited about a new house and a new room will help them be more invested in the effort. The Howells suggest making cleaning a game: “See who can clean the fastest or pick up the most toys in one minute.”
If you have young kids, the idea of selling your home may seem completely overwhelming. Keep things simple! Move your clutter into storage, give the walls a fresh coat of paint, and employ just a few easy staging tricks in each room. And remember, you can always hire the help of professional cleaners if you need some weight taken off your shoulders. You’ll be able to relax in your new home before you know it!
By our current count, members of The Drew Coleman Team represent twenty-one kids that we have plenty of experience cleaning up after. CLICK HERE for more of our insight on buying or selling a home.
Showstopping design for comfort and harmony
Looking to pick up on design and decor trends that work well and photograph great? This dreamy listing of ours encapsulates several. While homeowner Shannon Churchill doesn’t have any formal design training (“Just a penchant for Pinterest”), she knows one key secret: Every element is chosen for how it reads into the whole. We are loving how she pulled off a style that’s boho meets mid-century (with a little farmhouse in the kitchen).
(Entry rug from Urban Outfitters)
Let’s see how this homeowner does it right, and where she gets the goods…
Sophisticated lines in the living room
- A healthy mix of solids, stripes, and patterns
- Greenery placed just right to create a relaxed, earthy vibe
- Symmetry in the positioning of furniture, yet asymmetry in decor placement
- Flawless use of the layered rug look (CLICK HERE to learn more)
- Repeated pops of color that tie it all together – in this case, naturals like wicker and woven window treatments
(Leather couch from West Elm)
Pull up a (mismatched) chair in the dining room
- A gallery wall with varied frames and prints with just the right amount of whimsy
- Mismatched dining chairs that find a way to be cohesive
- Modern, tasteful light fixtures that introduce just the right degree of daring, including a sputnik chandelier over the dining table
(Sideboard – IKEA hack with butcher block top)
A kitchen where everyone wants to gather
- Backsplash as a perfect place to introduce a little pattern
- A touch of textured shiplap to nicely contrast with the modern polish
(Barstools – similar from Target)
An inviting family room
- A wallpaper that uses chevrons for a novel, yet simple, pop (Would you believe this pattern was actually hand-drawn using a gold Sharpie pen?)
- Textiles & throw pillows of varying sizes and textures
(Rug from Overstock; leather chairs – similar from Anthropologie)
A main bedroom that sings
- A paint shade that makes people ask, “Ooh, what is that?!” like this bedroom color did for members of our own team (in case you too were wondering, this one happens to be Sherwin-Williams’ Comfort Gray)
- A decorative ladder that offers vertical storage without taking up much visual space
(Ottoman from Anthropologie)
Does it come as any surprise that this beautifully designed home went pending after just four days on the market? Clearly, a few techniques and key purchases can go a long way toward creating a home that feels harmonious and put together.
Looking for more great listings from The Drew Coleman Team? We’ve always got ’em!
Making it work for you AND your eventual buyer.
The coronavirus changed the way we look at our homes. What used to be a place where we just ate dinner and crashed after a long day has now become the hub of our, well…everything. Many kids started school virtually this year. And many adults are working at home through 2021, if not indefinitely.
These new needs we have for our homes shifted our priorities. As a result, a lot of folks are realizing that their current setup doesn’t quite cut the mustard. This is especially true of renters.
Whether you just bought your home, you’re adjusting your longtime home, or you’re planning to sell soon, this article will offer targeted renovation tips to help you adjust your home to better meet post-COVID needs.
The reasons buyers are looking to move on (Sound familiar?)
According to agent-matching service Homelight’s Q3 survey, which surveys top agents around the country for insights in their market, the top three prevailing factors for people moving are:
- needing more space: 44%
- wanting to buy rather than continue renting: 41%
- desiring to move to the suburbs: 37%
What are those buyers looking for?
Agents say the top wish list items are:
- a designated home office: 17%
- less population density: 16%
- single-family living: 15%
- spacious and secluded outdoor areas: 15%
- a well-appointed kitchen: 11%
All of those priorities out-ranked private pools, access to nature, a designated home gym, and dual primary suites. “People are at home all day and taking extra notice of the things they want improved,” echoes our listing agent, Sean Mele. “The small stuff becomes a bigger issue.” Making any of these suggested changes to your current residence will not only help improve your contentment but also put you ahead of the game should you decide to sell in the future.
How to add or maximize home office space
With 17% of agents citing home offices as a sought-after home feature, this adjustment is a pretty solid starting point. Building a home office costs on average about $12,000, and about 87% of that is likely to be recouped upon sale. If you’re innovative, you can probably get even more.
Even if you don’t have an extra room to designate as an office, you could always convert an extra closet, use the space under stairs, or even the landing at the top of the stairs. Getting creative can pay off.
Check out this article for more on how to create an office space in your home, including organizational tactics and design tips.
In the kitchen, even small improvements add up
It’s been said that the kitchen is the heart of the home. With people doing a lot more home cooking this year, having a well-appointed kitchen is a priority for many.
Walk-in pantries cost about $3,400 and yield a 76% return on investment. Double ovens are about the same cost, and they recoup about 71%.
Making these smaller improvements is probably a better bet than trying to remodel the entire kitchen, as you’re not likely to get back the money (or time) that you put into a full-on renovation. They can look incredible though, so if you’re looking to get one started, let us know and we’ll get you connected to the best contractors in Portland.
A mid-range kitchen remodel is about $66,000, according to Remodeling Magazine’s 2019 Cost vs. Value Report. A few less costly and still impactful projects are: swapping out the hardware (like cabinet knobs), updating your lighting fixtures, and painting cabinets. A handful of small, relatively inexpensive details can make a big difference. For more on how to spruce up the kitchen without overspending, click here.
Enhance curb appeal and/or outdoor space
Finally, upping curb appeal has been a long-standing recommended improvement for marketing a home for sale. Perhaps more now than ever, it’s crucial. (Because while today’s homebuyers limit which houses they visit, they can and do drive by any house they’d like to check out in real life.)
Painting the front door, adding exterior lighting, cleaning up the driveway and garage, and painting the exterior are all fairly inexpensive and have a big impact. For more on upgrading your curb appeal, check out this article.
Additionally, a patio or deck in the backyard can mean all the difference to buyers looking for some outdoor privacy. Landscaping for privacy is another way to give buyers what they want. Adding mature trees in the right spots can increase privacy, and according to the Council of Tree and Landscape Appraisers, they can have an appraised value of $1,000 to $10,000. Here are a few more ideas for making your backyard a personal oasis.
Our internal sales agent, Anzlie Ravert, confirms that lots of folks are newly prioritizing access to nature. “I’ve heard from some that they want to pursue gardening and growing their own food through these unprecedented times. Back to the basics! People have found simplicity in the little things and with good reason.”
In conclusion, no one could have foreseen the huge lifestyle changes brought about by the challenges we’ve seen this year. But making a few creative renovations can offer you the utility you need now, helping you stay in your current home a good deal longer.
If you do ultimately determine a move is in the best interest of your family, we at The Drew Coleman Team are only a phone call away!
(Did the DIY bug just bite you? Here are a few more resources to check out.)