Leaving the house where their children grew up can be difficult for many parents, but for others, downsizing is a welcome step toward a new life chapter. In addition to having a smaller home to care for, it even comes with financial benefits for most people. If you’re considering downsizing, here is what you should know about the benefits of moving and how to have a smooth transition from start to finish, presented by the Sadle Home Selling Team.

The Many Benefits of Downsizing

Cutting back on space is meaningful to different people for different reasons. Maybe you’re tired of spending all weekend cleaning the house, or maybe you’re ready to toss out the large lawn and toss in a small garden. Downsizing will mean simplifying your life in important ways, especially when it comes to your finances. What’s more, there are many ways relocating to a smaller abode can save you money immediately and over time. Take the following perks into consideration.

• How downsizing will save you money in the long term
• Make sure you downsize in a way that doesn’t upsize your bills
• Unexpected ways downsizing can save you money

Ways to Improve Your Current Home’s Resale Value

Selling your home doesn’t typically happen overnight, but there are ways to speed up the process, especially if you find ways to make your home more attractive to house hunters. Sometimes this comes in the form of a major change, like installing a new roof or renovating your kitchen. But even if your home doesn’t need major repairs, there are DIY projects just about anyone can tackle that can help bring in offers sooner than later. Watch your pennies and get a good ROI with these ideas:

• DIY kitchen projects for when you’re selling your home
• DIY bathroom projects for when you’re selling your home
• Paint colors to use when putting your house on the market
• Temporary wallpaper comes in designs and textures that make your projects pop
• Eight ways to improve curb appeal on a budget

How to Find a New, Smaller Home

Of course, one of the most important steps in the downsizing process is finding a new place to call home. In addition to finding the right abode, you’ll need to consider where you want to live as well — both in terms of neighborhood and, more broadly, city and state. Make these decisions looking at every angle and aspect of your lifestyle, from loved ones to beloved hobbies. And take into account not only your life right now, but also where you want to be in the future. 

• Should I buy or rent a place when I downsize
• Compare the cost of living relating to different options with where you are now
• How to find a good neighborhood to live in

While the task of downsizing might seem daunting, the rewards can be exciting. Couples often find they get a fresh start in life, making room for new adventures and more freedom. While seeing the kids grow up can be a difficult transition, downsizing to a home that meets your new needs can be a great way to embrace your new chapter.

The Sadle Home Selling Team knows what makes your home sell. When you’re ready to put your home on the market, call us at (503) 855-0517 or email info@sadlerealestate.com.

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