USE YOUR REAL ESTATE ASSETS TO BUILD COMMUNITY & SUPPORT, REDUCE LIVING COSTS, ACCESS YOUR EQUITY AND MUCH MORE

As we pass through life’s stages, choosing the best long term housing and making the most out of our financial and social assets is critical. Fortunately co-ownership can help by allowing you to age in place while accessing equity in your home, reduce your ongoing costs, building community and support…

Sell a share in your home and downsize to a laneway house or garden suite on site.

Co-develop your land to create your ideal next home, building community, and fund your next stage.

Live collectively with friends or family.

Advantages Include:

  • Age in place without the responsibility of sole ownership of a large home

  • Community, Support, Bring family, friends or even caring strangers closer

  • You can choose the ground level unit if you have mobility concerns.

  • Cash in the bank, investments or debt reduction.

  • Buy that toy you’ve wanted, a new car or motorhome.

  • Plan that trip you have always wanted to take.

  • Support a family member in their real estate purchase.

  • Someone will be living in a part of your home and can perhaps care for the yard while you travel or age, pay bills, etc.

  • Someone around for companionship and safety.

  • Reduce the ongoing costs of home ownership

And of course if your home or property is not right for co-ownership, we can always help you sell it and use the equity to buy into a more ideal co-ownership situation.

Want to learn more about the process, advantages and challenges of co-ownership? Join us for an upcoming online Information Session, check out our success stories, or visit the resources page for CoHo BC’s Guide to Co-ownership and much more.