When their last child is married or graduates from college, many couples feel the urge to sell their homes and seek a different lifestyle.  They may consider a condominium or a home near theaters, restaurants, museums and other in‑town excitement.

City living has many rewards, but this type of move does represent a major change.  Changing your way of living may be fun.  You will be giving up a lot of maintenance chores, and you may be close to new activities. 

However, some things that you take for granted, like a parking place, may not be readily available in a city.  Before you make a commitment to a new condo, talk to people who live there.  Some suburban developments, town house and condo developments often have covenants and owners' association restrictions that limit what you can do with your home.  A professional Realtor can get you the answers to any questions you may have about this important move.