Often, home goals start with making sure there is enough room for kids, but then the kids grow up and leave the home, leaving empty nesters with more house space than needed. It is common to consider moving to a smaller place as we age and get close to retirement.
There are significant advantages to downsizing your home as part of your retirement plan:
Yes, the thought of downsizing and consolidating your home can be overwhelming and stressful. It doesn’t have to be. Downsizing and decluttering can make life easier and safer. Here are some tips to get you started:
There are many reasons why retirees are looking to downsize. If your home no longer fits your needs and certain aspects of your home have become more challenging, start the transition process now. You’ll want to give yourself plenty of time to make the process as seamless as possible for you.
A real estate agent can help evaluate your current home’s value and make recommendations to maximize your home value when getting it ready to sell. Working with a real estate agent from the beginning of the downsizing process is important to get an understanding of the new home you’re looking for to accommodate the retirement lifestyle you desire.
If you’re thinking about downsizing, call 410-541-7022 to get a market analysis of your home. Jenna Aliff is an agent with Park Modern Realty who has been helping homeowners buy and sell properties with great success.
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