So, your kids have moved away and now you’re feeling like your home is a little too big for just the two of you. Or maybe you’re ready to move on from the home you’ve raised your family in and are thinking about downsizing to something a little more manageable, like NTF townhouse projects. But how do you know when it’s time to take the plunge and downsize? Here’s a quick guide to help you make the decision.
- You’re not using all the rooms in your house anymore
If you find that you’re only using a couple of rooms in your house on a regular basis, it might be time to downsize. There’s no point in paying to heat and maintain rooms that you never use! If you’re only using your kitchen, bathroom, bedroom, and living room on a regular basis, it might be time to consider a smaller home.
- You’re ready for a change
Sometimes people just need a change of scenery. If you’re feeling like you’re ready for a new chapter in your life, downsizing might be the perfect (and more affordable) way to start fresh somewhere else! Moving to a smaller home can also give you the chance to declutter.
- Maintenance is becoming a chore
If keeping up with the maintenance on your home is starting to feel like more of a chore than anything else, it might be time for something smaller. If you’re finding yourself spending more time and money on repairs and cleaning than you are actually enjoying your home, downsizing can free up some of your time (and budget).
- You want to be closer to amenities
As we get older, being close to amenities like grocery stores, hospitals, and public transportation can become more important. If your current home is located further away from these things than you’d like, downsizing might be the right move. Moving to a townhouse or condo that’s closer to these amenities can make life easier (and often cheaper!) in the long run.
What’s the verdict – time to downsize?
Making the decision to downsize is a big one! But if any of the above points resonate with you, it might be time to start looking into smaller homes in your area. With less space to maintain and often lower costs associated with ownership, downsizing can be a great way to simplify your life in retirement. So don’t wait – start your search today!