Step 1. Be Committed. Recognize that the decision to downsize will also give you moments of doubt. Stay focused on what the rewards and benefits will be in the end. Step 2. Begin the Purge. Downsizing means many items will not be brought along on the next adventure. Begin making decisions on what to keep, donate or discard so it doesn’t become stressful during the move. Empty nesters are often storing old children’s items including, sports equipment. Consider donating to help others in your community. Step 3. Decide Your “Must Have” Criteria in Your Next Home. Decide what … (2 comments)
Cheaper to maintain. A new friend I met at the gym described it best. “I work to write checks to pay for house services.” Granted, if you scale down in size not all of those services will likely go away. However, each cost should be cut proportionately: half the yard, half the square footage to clean, half the electricity, half the gas/oil…… Reduction in property taxes. As we know, taxes never go away. But if you only need half the space you currently have, why pay the town on a yearly basis … (2 comments)
empty nesters: Downsizing and Transitioning Seniors
- 02/07/18 03:55 PM
Many dream downsizing our home as a well earned reward--I got to the finish line and now I can let it all go and enjoy my golden years! Occasionally however, downsizing is met with tremendous reluctance and sadness. This often happens to the families that face the needed transitioning of mom and/or dad to a more manageable living situations, whether it's a smaller one-level house/condo, a senior housing complex or assisted living facility. I have watched families struggle with making that difficult decision to sell the "family home." Recognizing when "it's time" often comes clouded with doubt. Recognizing these changes can help make the necessary decisions: Is your loved one living in … (7 comments)
empty nesters: Time to Downsize? Pre-Plan to Avoid Panic!
- 10/17/16 06:14 AM
Just the thought of moving can send even the most prepared nomad into a full panic attack. Most of the stress stems from the "fear of the unknown"--especially if their last move was 25+ years ago! For "Downsizers," include the issue of moving from a large home to a significantly smaller home and this unknown evil lurks behind questions such as: Will my next home fit the furniture I have? How much time will I have to find another home? When and how will I get rid of my extra stuff? Having worked with many Empty Nesters and Downsizers in my real estate career, my best … (3 comments)
Strategize Your Downsize
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