Downsizing
Downsizing is Rightsizing For This Stage of Your Life.
When you want to optimize your lifestyle, it’s time to consider downsizing. Whether you’re an empty nester, or just looking to simplify the responsibilities of home maintenance, downsizing is the way to go.
There are upsides to downsizing, too. It’s making more time for yourself with less responsibilities.
However, having more time on your hands might easily be taken up by new friends and activities in
the Cottages of Burnett Trail!
We Understand Downsizing Can Be Daunting.
Of course, it could be a bit overwhelming when it comes to downsizing. You have a lifetime of memories in your current home, which are an integral part of you. So when you have to address what stays and what goes to a new address, it can range from perplexing to paralyzing.You don’t want to feel like you’re getting rid of a piece of yourself. You don’t have to if you plan carefully. Plus, you’ll be in the process of making new memories, so downsizing is really planning for a new phase of your life.
There are Services Specifically for People in Your Position.
Moving planning and organizational companies are there to help. One organization, Moves for Seniors, offers careful planning associated with downsizing and moving, with a dedicated specialist to work with you during the entire process.
Another company called Get Organized, in the Dallas/Ft. Worth area, offers downsizing services for Seniors transitioning from their current homes.
Scary, or Exciting?
Maybe even a little of both? It’s exciting to be able to pursue your interests and hobbies with more time on your hands.
But renting, instead of owning, can also be a freeing experience, especially when all the maintenance is taken care of with a single phone call.
There’s no doubt downsizing is a complex experience, but in the end, many Seniors find it opens up all kinds of options with less responsibilities. Think about volunteering more, or traveling without having to worry about your mail because there’s a Mail room and package center for all your deliveries.
Why Bigger Isn’t Always Better.
Everything may be bigger in Texas, but when it comes to homeownership, that’s not always the case. Helen Painter Realtors explains why many Texans understand the benefits of living smaller.
Rockwall and Kaufman counties on the east side of Dallas ranked as the top two counties in the country with population increases. With that comes traffic and congestion, so moving further out of town to a smaller city like Canton makes sense. And with explosive growth in the DFW area, it might make it that much easier to sell a home.
Declutter. Divest.
Considerations the financial feasibility when downsizing. Consider the fact your children might not want your current home. So keeping it for that reason may not be the best thing to do. If you’re thinking of keeping your home and modify it so you can age-in-place, not only will you have the renovation costs, but you’ll still have the maintenance responsibilities.
Even buying and moving into a smaller condo, there’s still the investment of down payments, closing costs, taxes and repair. Compared that to renting where there’s not the investment, which means you can just walk away with the assets from the sale of you home.