Whether you call it Downsizing, Right Sizing, Selling Out, there is a real estate move that people frequently see as “Simplifying”. They look to make a move that simplifies their life. Their home becomes less of a burden on their time and resources and serves them better. That choice can take many different forms. Many people want to stop shoveling, mowing, and maintaining and have more freedom to travel and less of a burden of chores and responsibilities. Sometimes this move will free up some capital that is locked in the previous home. Sometimes this move will be to something luxurious after a life of frugal living. Sometimes it is a move that makes life more simple, but maintains an elegance that promotes entertaining and relaxation at home. Sometimes single floor living and elevator access or indoor parking are a primary motivator.
There are many choices to simplifying. This move can take many shapes and this decision can take a bit more time than other moves. There are elevator towers, waterfront properties, active adult communities, and just smaller houses. In buying this home, many people no longer have the constraints and needs of school districts or commutes and consider many possibilities. Just as we discussed in our “Buying Real Estate” section, the key partner that a client needs at this time is an agent that is well-versed in the vast array of choices that are available and the ways that people have made this move to a comfortable new situation. Having an agent in only one town very much limits the choices that could be considered and the valuable advice that should be available to the client.
Let us sit down with you and assess your current home, the goals for your new home, and the steps that make sense to transition from the current to the future.