The kids have left the nest and now you are living in a house that’s just too big for you. Is this the only reason that people decide it’s time to downsize? Nope. Many people decide they would prefer to live in a smaller house for a variety of reasons. Perhaps there are rooms in the house that only get used to store items that really should have made their way to the local Goodwill by now. No point in paying and caring for a house that is just more space than needed.
Don’t forget you are typically paying to heat and cool the areas of your home that you aren’t using. Others decide they would like to spend time traveling and therefore don’t require much living space – since they are rarely home. Whatever your motivation is it never hurts to see what you could sell your house for and purchase one more suitable. You could end up in a much better financial position and in a more comfortable home that suits your needs best.
Interested in seeing what’s out there?