Is It Time to Downsize?
Last updated on June 1st, 2021 at 09:44 am
Wondering if it’s time to downsize? Well, with the housing process still hot throughout Canada, now is the ideal time to turn that thought into reality. For baby boomers, moving away from a place that you’ve called home for so many years can be a difficult adjustment. But when you take into consideration all of the benefits of the move – no stairs, close proximity to amenities, easier upkeep and lower costs – it just makes sense. When you’re contemplating downsizing, here are some factors to assist you in making that decision.
Say Goodbye to Yard Maintenance
Taking care of the yard and garden beds may have been an enjoyable task years ago, but as times goes on, each bending motion and all of the other ones that go along with mowing the lawn, pruning the bushes and general upkeep, can wear you down. Downsizing gives you the opportunity to be selective and choose a home with a smaller yard or even no yard at all so you can say goodbye to all of that work.
Less Cost & Lower Utilities
When you start to second-guess the cost-effectiveness of remaining in your current home, you know it’s really time to take the idea of downsizing seriously. If you’re an empty nester, or if you and your spouse are still paying the utilities on a four-bedroom house, you’re paying way more than you should be to heat and cool empty rooms.
No More Stairs
If you find that you or your spouse are having difficulty climbing stairs, this can make you feel limited and even trapped within your own home. You should be able to access any area of your home with ease, which is why many seniors chose to make this move.
Access More Amenities
Over time, your needs begin to change, and as they do, your current neighbourhood and location may simply not be convenient enough or serving you well. Whether you wish to be closer to friends and family, or healthcare facilities and everyday conveniences like the grocery store, a new location can help improve the quality of your life by providing easy access to the things you want and need.
When it’s time to downsize and sell your home, we have the expertise to help make the transition as stress-free as possible. Both of us are recognized by the National Association of Realtors and the Canadian Real Estate Association as Senior Real Estate Specialists (SRES®). REALTORS® who carry the Seniors Real Estate Specialist® (SRES®) designation are specially qualified to address the real estate needs of those aged 50+. Contact us today with any questions or to request a free copy of our “Downsizing Made Easy Guide”, an informative 40-page eBook outlining the 5 easy steps to a successful later-in-life move.