More People Seem to Be Downsizing

Downsizing? Here’s What You Can Expect When You Move From a House to a Condo

Whether the kids have moved out or you just aren’t using the extra bedrooms, having a house that feels ‘too big’ is rarely fun. In today’s post, we will share a few changes you can expect when you downsize from a large house to a smaller apartment or condo.

Why Downsize At All?

As you might imagine, having too much space is the primary reason that couples and families downsize. Larger homes cost more to maintain and can feel empty if it’s just one or two people living there. In many cases, old items and clutter tend to build up as there is so much storage space. Downsizing to a smaller home helps to maintain a lifestyle that is more efficient but no less luxurious.

Downsizing to a New Home

Ask Yourself: Are You Ready?

Another consideration that you will need to make: are you ready to move? If you are retired from work, then you likely have enough time on your hands to manage a move. Conversely, if you and your spouse are both working full-time and live near your workplace, you may want to source a smaller home nearby.

Don’t forget that if you own the house you are living in now, this might mean having to list and sell it while buying your new home. This is a common situation and isn’t a significant problem, but it will require a bit of scheduling and financial planning.

The Hardest Part: Choosing What To Keep

Ask any couple or family that has downsized their home about the toughest part, and many will share that it was choosing what stays and what goes. When space is at a premium, everything from shoes to appliances needs to be considered.

Spend some time going through each room in your house, taking an inventory of what you have. Are there any family heirlooms or other emotional items that you can’t part ways with? After that, is there anything that will be usable in your new home? Everything else should be considered fair game. Sell it, donate it or toss it out.

Moving to a smaller home can seem challenging at first, but it is a lifestyle choice that can pay significant dividends. When you are ready to make a move, contact our professional real estate team. After discussing your wants and needs, we will be happy to recommend some perfect local listings.

Real Estate News:
Fix And Flip Investment In A Sellers Market
Fix-and-Flip

To increase your chances of succeeding in the US real estate market in 2021, consider putting together an experienced and reliable repair and rollover team. Having another real estate professional who can handle your sale for you will give you time to focus on the next opportunity to fix and Read more

Real Estate Agents Evergreen Colorado
Real Estate Agent

Evergreen, Colorado, has plenty of property for sale in this perfect little mountain town. Evergreen is one of the most desirable areas in the Denver foothills of Colorado. With a population of more than 25,000, this residence is close to Denver and the world-class ski resorts of Breckenridge and Vail. Read more

Denver Foothills (Colorado) Market Update
Home Values

The Denver Foothills has been a hot market for years. When the rest of the country's real estate market is hot Denver Foothills is on fire! This has always been the case. Even in 2008 the Denver Foothills didn't see the crash like most areas did. Even other parts of Read more

Affordable Places To Live In The U.S.: Where To Find Cheap Homes

As home values rise and real estate agents scramble to find affordable homes for their buyers these are the most affordable places to buy a home. With demand higher than ever and inventory low people are looking to buy in nice areas for less money.

2021-06-28

Leave a Reply