When is the Right Time to Downsize and What Should you be Considering?
Eventually, all of us get on in years and will need to downsize in some capacity.
There are many options to consider and I guess all evolve around what your wants, needs and desires are for those ‘golden years’.
Maybe the thoughts of being with likeminded aged group and camaraderie of a ‘LIFESTYLE VILLAGE’ is something your considering or just simply downsizing the family home to be by the coast, in the country, a whole new state or what ever the location is it’s all about downsizing and simply enjoying life.
As far as downsizing options go, it’s important to consider options such as access to transport, leisure facilities and the public amenities close by.
It’s wise to choose an area that allows you to spend more time in community spaces with friends and family and to make sure that there are restaurants and cafes nearby that will add rather than detract from your lifestyle.
There are plenty of land infill Estates popping up all across Perth that offer the convenience of smaller lot sizing meaning less maintenance and also the added convenience of location to shops, medical centres, restaurant and public Transport. Sciano Heights Success is just one of the these infill sites that meets all these great points and worth considering if your thinking of building your retirement home.
There are certain signs that will appear to you that the time may have come to downsize and differing levels of expectation of those who choose to do so.
Maybe all the children have moved on with their lives and you find yourself in a big family home that is no longer required expect for your time and energy to maintain and clean it OR you feel that the time is right for you to go out and see the world and travel those destinations that you thought you would only dream about.
No matter the reason, the decision is yours and with good advice the transition can be fairly simple and it’s all about mapping out what your future needs are.
The key to successful downsizing is advance planning and an honest assessment of your needs and goals.
When downsizing your principal place of residence, the thought of what to do and how to do it in today’s property market can often be daunting.
It’s important to thoroughly understand your reasons for selling and take into account some important considerations.
Realistically considering what your home is worth in today’s market and looking at what the real costs of downsizing might be are a good place to start.
One of the biggest hurdles downsizers need to overcome is letting go of once treasured and prized belongings.
This process can be a difficult and particularly emotional task for those who are faced with downsizing the things they may have lived with for decades.
Start culling early – well before your ready to move on to your new home, villa or townhouse or lifestyle village.
It’s time to really assess what’s important to you and what you really could live without, ask yourself when was the last time you actually used it and what purpose does it serve.
Above all, the key is to do your homework first.
It is a big decision that needs to consider a number of factors however with the right plan in place and the right team helping you through the process you can make the transition smoothly and successfully.
Happy Downsizing!!