The Benefits of Downsizing

There are many benefits in downsizing from a large family home to a smaller more manageable abode. Following are some of the top ones mentioned to us by clients:

✨Financial Savings – Not only would you have a potentially lower mortgage payment, but less expenditure on items like utilities, lawn care, and upkeep/home maintenance. And if you own a larger home with a pool, and move to a community with a clubhouse and pool, you won’t have to spend money and time managing pool care.

✨Addition Funds for Investments – When you sell a large home, especially one where you’ve resided for many years and have built-up equity, the proceeds could not only provide the down payment for the smaller home, but additionally provide you with the extra funds to invest in financial vehicles or invest in lifestyle changes like traveling, spending more time with family, pursuing hobbies or trying something you’ve always wanted to do, but didn’t have the financial wherewithal to do before. Selling a larger home can open up a whole world of new opportunities!

✨Greater Accessibility – Especially in a single-story home. Smaller homes are easier to future-proof for aging in place. Not having to navigate stairs is a better choice for your knees and overall safety as one gets older.

✨Geographic Adaptability – Downsizing can allow you to move closer to family, or discover your new favorite neighborhood. Perhaps walkability is a key factor in choosing your new home. Thinking about transportation accessibility as one ages and decides they don’t care to deal with traffic anymore could be considered as well. Instead of being near a school for your children, now that they’re grown and gone, not being near a school sounds more attractive and peaceful!

✨Making Travel More Convenient – Worrying about how your home and garden will hold up over a long vacation — say a month instead of 7-10 days — is less worrisome with a smaller, more easy to manage home and grounds, especially if you downsize to a condo or gated community where the HOA covers security as well as lawn maintenance.

✨More Free Time – With less house to clean and keep in order, and a smaller-to-zero yard to maintain, more time is freed up for activities you enjoy. More time to relax, or engage in a hobby or two, or even learn a new language. However you spend your new-found free time is up to you!

✨A More Sustainable Lifestyle – With a smaller home, you are reducing your carbon footprint with fewer energy needs for cooling and heating. And with many of the new “smart home” features in a new construction or even an upgraded remodeled home, you can know you’re doing good for yourself and for the environment.

Ready to Begin Your Downsizing Journey?
Downsizing offers freedom, simplicity, and peace of mind—but it can also feel overwhelming to know where to start. STS is here to help. Our experienced team can guide you or your loved one ready to downsize every step of the way, making the transition smoother and stress-free.

Contact us today for a free consultation and discover how we can make downsizing easier for you or your loved ones.