After raising families in their homes for 25 years, many homeowners are emotionally attached to homes that are larger than they should be and require considerable maintenance. Working with an experienced real estate agent, these potential sellers can begin imagining a new home and new lifestyle better suited to the next chapter of their lives.
Agents can direct homeowners to resources to help with property sales, consignments, auctions, junk removal, and distribution of heirlooms to future heirs. The process of sorting out 25 years’ worth of stuff is never fun, but it’s best done when you’re fit, healthy, and sharp.
People often wait to move if one of the homeowners has a health crisis. This makes the decluttering process much more difficult for homeowners and their children, who are often in the midst of a very emotional time.
Downsizing to a smaller home allows homeowners to simplify their lives. I can enjoy more free time for my grandchildren,
You can go on hobbies, travel, or reduce the cost of maintaining a larger home. You may also be able to move to a new location that better suits your interests and lifestyle, such as a beach or mountain community.
Retirement communities offer amenities and services specifically designed for this next chapter. They may want to consider one-level living and more universally designed housing to support future medical needs.
Current market conditions of high demand and low inventory create an ideal environment for sellers to sell homes in a relatively short period of time at a high price. Downsizing is a smart move, offering financial benefits and opportunities for lifestyle changes.
If you’re considering selling your home, now is the time to take advantage of the current market and get the most out of your investment.
Nancy is an award-winning Realtor and a lifelong Alexandrian who is proud to work, play and raise a family in the city where she was born and raised. For more information, visit NancyPerkins.SothebysRealty.