Downsizing or Right-sizing? Top reasons to simplify your life with the right size home in 2023
Are you a baby boomer feeling overwhelmed with the upkeep of your large family home? Downsizing might be the solution you’re looking for in 2023. As inventory is still low, you can still get top dollar for your home with the right strategies. Here are four reasons why downsizing might be the right choice for you:
Financial benefits: A smaller home typically means lower utility and maintenance costs, which can save you money. Downsizing can also free up equity you can use to supplement your retirement income or invest in other things.
Simplifying your life: Taking care of a large home can become increasingly difficult as we age. Downsizing can help simplify your life by reducing the cleaning, maintenance, and repairs you need. Plus, a smaller home can be easier to navigate and reduce the risk of falls.
Flexibility: Downsizing can provide flexibility. For example, you may be able to move to a home that’s closer to family, friends, or medical facilities. Additionally, downsizing can provide the opportunity to purchase a home that better suits your needs and lifestyle.
More time to enjoy: Downsizing can also give you more time to enjoy the things you love. Instead of spending your time and energy maintaining a large home, you can focus on traveling, pursuing hobbies, or spending time with family and friends.
If you’re considering downsizing, it’s important to think about your needs and goals. Be realistic about what you can afford and what you want to achieve. And remember, “right-sizing” doesn’t have to mean giving up your independence or quality of life. With careful planning, right-sizing your home can be a great way to improve your overall well-being.
At the Pomerleau Real Estate Team, we understand that the right sizing can be an overwhelming process. That’s why we offer the services of our listing specialist, who can guide you in developing a game plan to right-size your home. They can help you navigate the process and find the perfect home for your needs and budget.
If you’re ready to take the first step toward downsizing, call us at 763-232-6415 for a free, no-obligation home valuation of your large family home. We can also find you a great deal in the marketplace. Don’t let the stress of maintaining a large home hold you back from enjoying your retirement. Let us help you make the transition to a more comfortable and enjoyable lifestyle.
Stay in the loop with your home’s estimated value by clicking on the link below or by visiting www.pomerleauteam.com and please don’t hesitate to reach out to me with any questions or concerns you may have. I’m always here to help and provide guidance.
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