Team Nexus Real Estate Blog

PROPTECH Innovations in MN Senior Housing Solutions: Empowering Aging with Dignity

The senior population is growing at an unprecedented rate, bringing to light the critical need for innovative housing solutions that support aging with dignity and independence. As a result, Property Technology (PROPTECH) has stepped into the limelight, offering groundbreaking innovations that promise not just to accommodate but to empower our seniors. This article explores how PROPTECH is transforming senior hous...

Aging-Friendly Home Features: "10 Home Modifications to Make Aging in Place Easier"

If you're planning to age in place, it's important to make sure that your home is equipped with aging-friendly features that can help you age in place with comfort and confidence. Here are 10 home modifications to consider:

Install grab bars: Grab bars in the bathroom and other areas of the home can help prevent falls and make it easier to get up and down. Replace flooring: Non-slip flooring can help prevent...

Property Tax Relief: "How to Take Advantage of Property Tax Relief Programs for Seniors"

As we age, property taxes can become a significant financial burden. But did you know that many states offer property tax relief programs for seniors? Here's how to take advantage of these programs:

Homestead exemptions: Many states offer homestead exemptions, which reduce the assessed value of your home and lower your property tax bill. To qualify, you must be a homeowner and use the home as your primary...

Estate Planning: "Estate Planning Basics for Seniors"

Estate planning is an important consideration for all of us, but it's especially critical for seniors who want to ensure that their assets are distributed according to their wishes after they're gone. Here are some estate planning basics to consider:

Will: A will is a legal document that outlines how you want your assets to be distributed after you die. Make sure your will is up to date and reflects your current wishes. Trust: A trust is...

How to Downsize Your Home with Ease

Downsizing can be a challenging process, but it can also be an opportunity to declutter, simplify, and transition to a new phase of life. Whether you're moving to a smaller home or apartment or simply trying to reduce the amount of clutter in your current space, downsizing requires planning, organization, and a willingness to let go of items that no longer serve a purpose in your life.

Here are some tips for downsizing your home with ease:

Start early: Downs...

Aging in Place Options for Seniors: "Retrofitting Your Home for Aging in Place" Many seniors prefer to stay in their own homes as they age, rather than moving to an assisted living facility or retirement community. But aging in place requires careful planning to ensure that your home is safe and accessible as you grow older. In this blog post, we'll share some tips on how to retrofit your home with aging-friendly features that can help you age in place with comfort and confidence. From grab bars...

Reverse Mortgage Options for Seniors

Reverse Mortgages: "What You Need to Know About Reverse Mortgages" If you're 62 or older, you may be eligible for a reverse mortgage, which can allow you to access the equity in your home to supplement your retirement income or cover unexpected expenses. But what exactly is a reverse mortgage, and how does it work? In this blog post, we'll answer these questions and more, exploring the benefits and drawbacks of reverse mortgages and offering some tips on how...