Did you know that the average home in Rancho Cucamonga is about 2,600 square feet? It may not seem like a lot of living space but keep in mind that homes back in the 1950s were only 1,000 square feet. You may think that living larger is better but more people have been looking to downsize their homes in Rancho Cucamonga. Let’s take a look at a few reasons why downsizing may be the right option for you.
Downsizing Can Bring Financial Relief
One of the most beneficial reasons why home owners decide to downsize is because of the financial break they end up achieving. By simply reducing your mortgage by $500 a month you can not only pay off other debts you may have in a shorter time span but you can also boost your retirement fund and be well off by the time you retire. Taking care of your finances should be a goal for yourself and downsizing is a great way to start. Make sure to read Dave Ramsey’s blog. He is a financial guru and businessman, among other things, where he highlights and explains the financial advantages of selling your home and downsizing to a smaller one.
Less Time Cleaning, More Time For Fun
The main demographic in Rancho Cucamonga choosing to downsize their homes are retirees. With this in mind, downsizing can help avoid multiple trips up and down those awful stairs many people tend to grow weary of as they get older. Downsizing also means spending less time with the upkeep of the home which provides you more time to enjoy life and spend your time doing other things you would much rather do. Luckily, we have compiled a list of every one-story home for sale in Rancho Cucamonga to meet your downsizing needs.
Maybe you have your mind set on downsizing your home in Rancho Cucamonga. Before you proceed keep in mind a few things:
- How long have you been living in your 2,000+ square foot home? Probably for a while now. Although you have your mind set on downsizing, make sure you are ready for this transition.
- Moving into a smaller space means you will have to declutter. Look at this as an opportunity to make money from the things you are getting rid of. Think about having a yard sale to sell your unwanted items.
- Consider these two questions: How much money will you get from selling your home to downsize to a smaller one? And will it help cover the cost of buying a new one?
We can help you downsize your home in Rancho Cucamonga and answer the above questions for you or any others you may have. If you are on the fence and not sure what to do, we can also evaluate the options you have. If you are interested in knowing what your house is currently worth, feel free to try my FREE house valuation tool. As an experienced realtor, my goal is to provide you with the most valuable information and best service possible. For more information or to get in contact with me, please visit my real estate website.