When Should You Consider Downsizing Your Windsor Property

Posted in Buyer Blog | 25/04/2012

Windsor Property

Windsor Property

There comes a point where a home seller decides that it’s time to downsize their Windsor property.  For many, it comes around the time the children are gone and retirement is around the corner.  Maintenance, time and money seem to be the key factors when a seller decides it’s time to look for a smaller home.  Whether a seller desires to move to embrace a simpler life, or because of a series of life events, such as a divorce or unemployment, more and more homeowners are opting for a more uncomplicated lifestyle.

So when you decide that your current home no longer fits your needs, consider what type of home you want next.  For many, looking for an attached home, such as a condo or townhouse, is the first step.  The good news is you won’t have to worry about expensive repairs, such as a roof or handling landscaping, as this is all done for you, but you will pay through the condo fees, which is usually a monthly fee for maintenance.  It is important to always thoroughly research the Condo Corporation, and especially the amount and status of the reserve fund, before buying a condo or townhouse in a particular building.  Also, make sure that you don’t mind living in close proximity to your neighbors and sharing common walls and areas.

However, if you decide that you prefer to live in a traditional neighborhood, and find a smaller home to buy, consider those with low maintenance.  Avoid fixer upper homes, or those that require lots of upkeep.  Normally, you will find that Victorians, Arts and Crafts or other types of architecture, requires major renovations at one time or another.  One-story homes, such as Ranches or Bungalows are usually good choices.

Remember that whenever anyone downsizes their Windsor property, certain adjustments will need to be made. All of your furniture and accessories will not fit into a smaller home, so it will be necessary to sell or donate what you no longer want.  If you have lots of toys, such as a motor home or boat that you can store on your current property, chances are you will need to find a storage facility.

Downsizing can be an emotional experience.  Saying goodbye to a family home is not often easy. By making sure your downsized Windsor property will fill your emotional and physical needs, then you are ready for the next stage of your life.

If you enjoyed this post, why don’t you simply click here to subscribe to the Windsor Real Estate Blog RSS Feed? :-)

Leave a Reply

Your email address will not be published. Required fields are marked *