Signs Itâs Time To Put That Big House on the Market
When you were working, your monthly expenses were manageable; now that you have retired, they have risen, especially with inflation, and you may need to move to a smaller home to cut down on housing expenses OR get a part-time job.
Every day, Iâm involved in helping senior homeowners with home valuations, providing helpful resources, and helping them determine if it makes the most sense to stay in their current home or to consider downsizing. From my many years of experience, there are a few signs that you should consider before deciding whether or not it makes good sense to move.
Sign # 1 Your current monthly budget leaves little leftover cash for savings or having fun. The definition of retirement has changed. Americans are maintaining an active lifestyle. They see themselves traveling, experiencing new adventures, exercising, and enjoying lifelong learningâ
#2. Youâre falling behind on home maintenance. Sentimental memories of the good times can cause seniors to linger in their family homes far longer than is wise for their health or financial stability. Trips and falls are the number one causes of accidents for senior citizens. Especially falling down the steps in a two-story home.
# 3 Your home has features that no longer fit your lifestyle. Sometimes, your spacious home was filled with kids, pets, and entertaining guests. Now the TV room is dusty and never used. The bedrooms are closed off to save on the heating and cooling bills. The dining room is empty. Now that you're only using a handful of rooms, paying for rooms you donât even use doesn't make sense. Other factors are shoveling snow from the driveway and maintaining the yard.
# 4 Youâre the oldest resident in your neighborhood. Original neighbors have moved away. It was ideal when your kids were home, but now you feel isolated. Especially if youâve lost your spouse.
# 5 The beauty of retirement is you no longer need to let your career dictate where you live. You can shop around for the ideal city, state, or neighborhood. Do you want a small town in the mountains or a condo in the city?
As a digital marketing expert, I will position your home to sell quickly and for more money. If you need a current evaluation, please donât hesitate to call. My team and I can be reached at # 858-336-1114, or you can email me at [email protected]. You can also visit our website at www.DonPelletier.com To see what our clients had to say about their experience in working with us. Please know that we are here to help you so please feel free to contact us anytime.
Whether you want to sell your existing home, buy your first home, upsize, downsize, purchase a vacation home, or just talk about options, a real estate professional is your best source for information based on current trends in our area. If you're interested in learning more about the 2023 real estate forecast, don't hesitate to reach out - we're happy to help!