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Downsizing Your Home? Don’t Let This Happen to You!

For all the talk of Downsizing, there’s also been a trend toward “Back Up” – when homeowners Downsize, – don’t like it – and go “Back Up”Ready to Downsize? Today’s Boomers Are Saying, “Not So Fast!” - AgingOptions

Recent studies by Merrill Lynch and Dell Webb found:

  • 20-30% of baby boomers actually go larger, some after downsizing and finding it too drastic.
  • Over 60 percent said they want the same size house or even larger (this is likely relative to where you are coming from – someone in a 10,000 sf house may likely downsize, someone in a 3,500sf house may not.)

We’ve seen this dynamic play out with our own friends and clients.

  • We just had friends sell a 4,000 sf house to move closer to grand kids in Greensboro, only to quickly buy a townhome in SouthPark about a month later. Guess what? Same client just pinged us looking at a house larger than the townhome.
  • We’ve also had empty nest friends move to the city for a couple years, enjoy it, move back to something larger.

The message we take from this is to really help clients think about what their lifestyle is going to be like when and if they do change housing.  We’ve helped clients in all situations and would love to help you. 

Special Downsizing Services Offered By Dee Reid

  • Expert advice selecting the right home and location
  • Careful discussion of Your needs: loication, space, amenities, cost
  • Decluttering assistance, Property clean up & Handyman repair service to Maximize Your Sale Price
  • Move coordination, Auction & Donation Coordination, Haul-off

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Learn even more in the following articles from our team:

Just reach out to me at [email protected] or 704-281-3913

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