Each year, hundreds of homeowners are faced with the decision to continue living in their present home or downsize.
There are many factors to consider when downsizing and the importance of each may differ from person to person.
As a Barfoot & Thompson sales agent, I am quick to point out that each person, couple or family represents a different set of circumstances and lifestyle objectives. That said, there are common decisions facing all who want to make the best choice.
To help you determine the right time, I encourage you to consider which of the following lifestyle factors are important to you in your decision to downsize:
- Retirement or preparation for retirement
- Cash in home equity
- Council rates, etc. on the increase
- High home maintenance costs
- Ability to financially assist family members
- Health and mobility issues
I have learned that many individuals, couples and even some families feel a sense of freedom after downsizing. In many cases it is the first time in years they are free from high levels of maintenance, and excessive costs related to living in a large home. Many who downsize also find that their lifestyle enlarges as they have more time to do the things they love.
While the importance of location is resoundingly referred to by buyers and sellers alike, not enough attention is given to timing. When is the right time for you to downsize? And where do you think the best and most desirable location might be?
Whether you decide to downsize to a smaller home or a Retirement Village, the prospect of where to begin starts with A Plan.
I am here to help…
- Working hand-in-hand with clients and family I am able to assist with putting together a detailed Plan.
- Liaise with companies/services to facilitate a stress-free and successful sale.
- Call me today for a chat.
For those individual or couples who may find the prospect daunting there are companies that can assist you. Please refer to my Helpful Contact Phone Numbers linked below:
Wishing you all a Merry Christmas and a safe and Happy New Year.
With warm regards,
Debbie Debbie Gordon Barfoot and Thompson