Whether you are an empty nester, unable or unwilling to complete lawn care or looking for a change, downsizing your house can provide many benefits. Before shopping for your smaller home, consider space and amenities to determine if downsizing is the right choice for your needs.
Moving can change more than just your address. Here are five questions to ask yourself to prepare for lifestyle and economic changes during downsizing.
If you have older children who no longer live with you or live in your home by yourself, downsizing will eliminate extra, unused space. With smaller square footage, you will have the opportunity to clean out items or donate them to local charities allowing for even more space.
If you are looking to expand your family in the next few years, downsizing may not be the best option for your needs. As a family, you will want a home that allows you to expand without being too large to maintain.
If you like to garden or have pets that require room to play, you may opt to keep your current lawn space. However, if you do not need a large outdoor area or would like to live in a community that provides lawn maintenance services, downsizing is a great option and eliminates the need for extensive lawn care.
Evaluating your physical stamina will help you decide if you can continue caring for a larger home. If you cannot handle physical housework, you may consider moving to a community or building that performs property maintenance for residents.
Downsizing should not mean compromising your quality of life. As you look for a smaller home, make sure your new neighborhood or community has the amenities you want, such as a clubhouse, tennis courts or community events.
As you compare downsizing options, factor in the cost to sell your home — such as paying agent commissions — and buying a new home. To attract potential buyers, you may also wish to invest in staging services or repairs.
If you are ready to start your downsizing journey, Cates Auction & Realty Company can help you attract buyers to sell your home. Contact us today to learn more about our selling process or schedule a complimentary property analysis.
Deciding to retire is a huge decision to make in your life that impacts your financial, personal, and social planning. It’s also an ideal time to evaluate your lifestyle and start preparing for the future. If you’re in retirement, you may want to consider downsizing to a smaller home.
Should I downsize my house in retirement? When should seniors sell their homes? These are common questions to ask when considering whether downsizing is right for you. Downsizing includes moving to a new home that is smaller or more affordable than the one you’re currently living in. Seniors can enjoy several benefits of downsizing in retirement, including addressing mobility issues or having smaller monthly payments.
Read our guide below to learn more about downsizing in Kansas City and whether or not to downsize is the perfect choice for you.
Sometimes, leaving a larger or an outgrown home behind is an excellent idea. You may want to consider selling your home in retirement and moving into a Kansas City retirement community or a smaller, more manageable home. Here are a few reasons seniors should consider downsizing.
One indicator that downsizing could be an excellent idea is unused or empty space in your house. Essentially, any room that you only occasionally enter to clean is unnecessary space. If you find that your home has several rooms like this, downsizing to a smaller house in Kansas City with fewer rooms could benefit you.
Cost savings is perhaps one of the most significant incentives for the elderly to downsize homes. Larger houses in Kansas City can be expensive to maintain and likely have higher utility costs. Often, senior citizens have a lower income during retirement, so downsizing to a smaller home could be beneficial to save money on bills. If you need lower mortgage payments, downsizing could be the perfect option for you.
If you’re struggling to maintain your home, it could be time to consider moving to a smaller home that’s easier to keep up with. You may want to consider downsizing if you find it hard to safely clean and maintain your home’s daily upkeep, either financially or physically.
Do you find yourself traveling often or planning to travel in the future outside of Kansas City? If you find yourself answering yes to either of those questions, you could save yourself money by downsizing. By moving to a smaller, more affordable home, you can avoid spending large monthly payments on a home in Kansas City that you aren’t spending much time in.
Many American homes have unused clothes, appliances, and even furniture. If you have unwanted items, you might want to consider downsizing. Moving to a smaller home can help you decrease the clutter in your home and get rid of unnecessary belongings taking up space. Decluttering and downsizing for seniors is an excellent option for those looking to free up more space, become more organized, and obtain clear peace of mind.
Many seniors opt for moving to a smaller Kansas City home due to the many benefits downsizing can bring, including cheaper bills and more accessibility. Here are a few advantages of downsizing your house:
Senior citizen downsizing has several benefits that can help you save money and spend more time focusing on enjoying your retirement.
If you’re curious about what to think about when moving to a smaller home, we can help. Here are a few things to consider when downsizing.
When choosing to downsize, consider your finances, need for space, and your goals for the future to find the perfect smaller home that will best suit your needs.
At Cates Auction, we understand that choosing to downsize can be an emotional decision, and it isn’t always an easy one to make, especially for seniors. We’ve designed our selling process to be simplified so you can spend more time enjoying your loved ones’ company and relaxing during your retirement.
Our goal is to bring you the highest return on your Kansas City home’s value.
We created an innovative online marketplace for competitive bidding, geared toward bringing buyers to the table. And the best part is that you will have more control of the selling process and set an auction date in advance. You can say goodbye to inspections and improvements and say hello to a successful downsizing home sale.
When you choose to downsize and sell your home with Cates Auction, our primary goal is to make the selling process stress and worry-free so you can focus on achieving your retirement plans.
At Cates Auction, we understand Kansas City downsizing is a monumental decision. That’s why we’ve made our selling process as hassle-free and straightforward as possible, so you can get back to relaxing and enjoying your retirement. We can develop an innovative marketing strategy tailored specifically for your home to help you find qualified buyers in Kansas City, avoiding a long, drawn-out traditional selling process.
Get in touch with our team members or fill out our free analysis form today to start your downsizing journey in Kansas City.
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