The Ultimate Guide to Downsizing Your Home
As time goes on, it’s starting to feel as though your home no longer fits your lifestyle – perhaps the kids have moved out and the space is feeling too big or empty, or it’s becoming a chore to keep cleaning. Perhaps you simply want to switch to a simpler and more maintenance-free home. Time to Downsize!
As people age, many find that they no longer need the same amount of living space they did when they were raising a family. For some, this realization leads to downsizing: moving into a smaller home that is easier to maintain and more affordable. If you are considering downsizing your home, there are a few things you should keep in mind. First, downsizing can be a big lifestyle change, so it is important to make sure you are prepared emotionally and practically. Make sure you declutter your belongings and get rid of anything you won’t need in your new smaller home. You should also research different downsizing options to find the one that best suits your needs. For example, some people downsize by moving into a retirement community or assisted living facility, while others move into a smaller house, townhome, or bungalow. There is no right or wrong answer; it all depends on what will work best for you. Downsizing can be a great way to simplify your life and reduce your housing costs, but it is important to do your research and make sure you are prepared for the change before you take the plunge.
Let’s take a look at what the home buying process looks like when you decide to downsize your home.
1. Planning to Downsize
6 Ways to Tell It’s Time to Downsize
Getting on the Same Page About Downsizing
Downsizing Isn’t That Hard (We Promise!)
Dreaming About Downsizing: Learn to Make the Most of Your Move
6 Financial Benefits of Downsizing Your Home
Mortgage Affordability Calculator
2. Finding The Perfect Property
Choosing the Perfect Floor Plan for Downsizing
3 Fabulous Home Styles for Downsizers
What Should You Look for in a Home Builder When It’s Time to Downsize?
Who Are the Best Home Builders in Edmonton (and 7 Tips for Comparing Them)
Choosing a Custom Home Builder in Edmonton
Sterling Homes named BEST Home Builder 2021 by CCA
How To Choose A Home To Match Your New Lifestyle
6 Amenities To Expect in a New Community
3. The Home Buying Process
How To Buy A House: What You Need to Know
What You Need to Know About The Home Buying Process
10 Home Buying Mistakes and How to Avoid Them
How to Handle Buying and Selling a Home at the Same Time
How Much Do You Need For a Down Payment?
Tips and Tricks For Saving For a Down Payment
Can I Borrow A Down Payment?
5 Benefits to Making A Larger Down Payment
Mortgages in Canada: Your Mortgage Document Checklist
Can You Pass the Stress Test in Edmonton? Here Are Some Tips to Help You Prepare
Everything You Need to Know About Mortgage Insurance
What Is A Good Credit Score In Canada?
4. After the Sale
How Much Are Closing Costs?
The Costs to Buy a Home and Other New Home Costs You Should Plan For
Solutions for Moving Twice
A Checklist For Moving Into Your Newly Built Home
Tips for Choosing a Moving Company
The Cost to Hire Movers