So, thinking it's time to downsize? Here are two categories to take into consideration when looking for a home that accommodates your current needs:
1. Home Factors
- Can you keep up with your current home maintenance?
- Can you repurpose a space in your current home?
- Is it a good time to sell in your area?
- How much are taxes and property insurance payments?
2. Life Factors
- Where do you want to be as you age?
- Can moving help with a change in your lifestyle preferences?
- Can downsizing help with your "nest egg"?
- Would your expenses be lower if you downsized?