Whether you’re an empty nester, retiree, or simply realizing your home is too large for your liking, there’s an option that might be right for you. Downsizing! Everyone’s doing it these days as people recognize that having a lot of space isn’t always what’s most important. Some are even taking it to the extreme, but we’ll get to that in just a bit! Let’s explore some of the options available to you when downsizing and a few ways you can declutter before the big or relatively small move.
Condos & Townhomes
By far, the two most popular options for downsizers are condos and townhomes. Many empty nesters and retirees are looking to relinquish as much upkeep as possible to live a more carefree lifestyle. These two housing options do just that. Condos and townhomes are typically smaller than single-family homes, have a long list of community amenities, and provide groundskeepers to manage all property upkeep. Monthly community fees are common and are what cover the costs of these amenities and conveniences people love. Like single-family homes, condos and townhomes can be found in almost every location from the city to the coast and everywhere in between. Like myself, an expert in real estate can show you all the options out there, so you’re completely informed before you decide to downsize.
Remember earlier when I said some people are taking downsizing to the extreme? Tiny living has been on the rise in the last few years with many looking to get rid of it all and live a more minimalist lifestyle. Tiny homes provide two things that many downsizers are looking for – affordability and flexibility. These small homes are usually much cheaper than even the average condo and they allow you to take your home with you wherever you go. They can be constructed on a trailer frame and can be transported to any location you desire. Many tiny homeowners purchase a plot of land to set up their “home base,” which they use as a permanent residence or only a retreat when not on the road.
Tips for Getting Started
If you think you’re ready to downsize, the best place to start is in your current home. Reducing your square footage usually requires you to decrease your belongings as well. Start the decluttering process and determine your absolute must-haves to bring with you to your new home. These must-haves will help you determine how much space you will need, so you don’t purchase a home that’s too small and have no place to put your belongings. Try to go through at least two rounds of purging, one early on and one closer to your moving date. This will help you weed out unnecessary things early on and then decide on your absolute must-haves right before moving. Some downsizers even look specifically for move-in ready properties requiring they only bring their clothes and their toothbrush. Purchasing a fully-furnished home or purchasing all new furniture to fit your new space are two great options if you want to embrace the downsizing mentality completely.
If you think downsizing is the next step for you, it’s best to work with an expert real estate agent who can help you navigate the process from start to finish. Call me today at 904-626-1551, so I can get to work helping you find the perfect place to start the next chapter of your life!