Jul 10, 2013
It’s a question that we all face at some point in our lives: Is it time to downsize my home?
This question may be spawned for any number of reasons. Perhaps your youngest child just moved out of your home. Or you just retired and don’t want to spend all of your time maintaining and cleaning your home.
Today, I’m going to give you the top four signs that it may be time to downsize as well as provide you with suggestions on where do go from there!
Downsizing on the Wake County, NC Real Estate Market
Here are some signs that it may be time for you to downsize in Wake County:
- You want to lower your overall living expenses, such as your mortgage and utility bills.
- You’re tired of all the maintenance needs attached to your home and want to simplify your life.
- You want more freedom – financially and otherwise – to travel.
- You want to live a greener lifestyle, which means using less electricity, water and gas.
If this sounds like you, then you may find helpful the following suggestions for where to live next:
Downtown: Whether it’s Raleigh, Apex or another community in the Wake County area, living downtown will provide you with easy access to restaurants, stores, museums and more. The homes you’ll find in downtown areas are generally smaller, which may mean that you’ll either need to get rid of some of your items or put them in storage.
Condo in the suburbs. If you’d still prefer to live in the suburbs, you may consider investing in a condominium. Generally the exterior maintenance (such as mowing the lawn and cleaning the gutters) falls on the homeowners association.
Age-qualified neighborhood: Generally, the minimum age for these communities is 55 years old. These communities, which are usually gated, offer a wealth of onsite amenities and also allow you to form closer relationships with those in your age group.
As soon as you’ve decided where you want to live next, you can move forward with purging items you no longer want or need, storing items you want to keep and packing items you want to take with you.
Buying and Selling Wake County Homes for Sale
We hope you found the above information helpful as a Wake County area home owner.
For more insight on when the right time to downsize is, please contact us at the Rachel Kendall Team.
We have years of experience helping home owners navigate the following markets:
And we’ll be happy to help you as well!
Until next time,