Sometimes the motive for selling a home isn’t about upsizing, it’s about downsizing. It is certainly a new term in the “new normal” and we are hearing it a lot in the real estate industry. My daughter, who owns an estate sale business, is currently getting numerous calls from clients that are downsizing and simplifying. Downsizing is, many times, about increasing your home’s amenities while decreasing the work and upkeep of a larger home. There are a lot of reasons for downsizing your home AND your life!
- You want less space to maintain, both inside and/or out
- You want something smaller to save energy
- The kids are gone and you just don’t need as much space
- You want to simplify and live differently
- You want less responsibility and would like to make travel more of a priority
- You want to put more dollars in savings
It’s really about your needs and your preferences about your living environment and your life! You may want to live in a condominum or townhome that may offer particular amenities like a golf course, tennis, club, etc. Or, you may choose to move to the mountains and look at a beautiful river and see no neighbors at all and be more attuned to nature and only ten minutes from town. You may want to live closer to your children or further away. The great thing is that you have lots of options and can truly make decisions that fit your lifestyle and budget. If you are someone purchasing for the first time, their are currently incentives to purchase in 2009, a tax rebate. Whatever your needs, keep in mind that there are options available to you in creating the living environment that best supports you and your family!
