Is Downsizing the
Right Decision for you?
Downsizing can seem like a fantastic and liberating idea to many people. But for others the idea of purging belongings and moving to a smaller home feels claustrophobic. So, how do you know if downsizing is right for you? Here are a few pointers that can help.
1. What does your gut say? Some people are thrilled and excited by new beginnings, others feel scared and uneasy. Go with you gut, most of the time the natural instinct will guide us in the right direction. Listen to your gut…go with it.
2. Financial Freedom? There can be definite financial benefits to downsizing your home. Brainstorm with your family members what your ideal lifestyle would look like. Does it include a large home or does it include more money available for other important activities.
3. Talk with Real Estate Professional! Real Estate Brokers and Agents deal with this type of question regularly. Let them help you evaluate the financial implications and rewards. They are a great free resource to help guide you through the decision making process of staying put or making a change.