Downsizing your home

When we think of the typical real estate path we tend to think of moving up; starting with something small, then gradually obtaining a larger home or piece of property. However, there is often a time in people’s lives where the thought of downsizing becomes much more appealing.

Often as people inch towards their retirement years, a smaller home becomes more practical and attractive for a few reasons. If you are planning on travelling a lot during your retirement, then a smaller home then you currently live in might be a smart choice, as there it is less to maintain then a larger home. Likewise, a condominium might become a more suitable option for your lifestyle.

In addition, if you are wanting to move into a home that you can transition your life into for the later years or stages of your life, then choosing something smaller and easy to maintain should factor into your decision. Taking into consideration the number of stairs is also very important. Bungalows allow for people to transition more easily from their retirement years into their elderly years.

Whatever stage of life you are in, sometimes downsizing is the right way to go. It all comes down to your lifestyle and your needs.

For any real estate assistance in the Oakville, Burlington, Milton area contact Mary at maryobrienc21@cogeco.ca  

 

Mary O'Brien

Mary O'Brien

Sales Representative
CENTURY 21 Miller Real Estate Ltd., Brokerage*
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