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3 Key Things to Know About Downsizing

Create Your Maine Dream House! Here’s How!

 

Are you thinking about retiring in the Lewiston-Auburn area in the coming years? Are you tired of the hassle and expense of maintaining your present house? Then downsizing can be your win-win-win solution!

Why do I say, “win-win-win”?  Because there are 3 major benefits you can gain from downsizing. Let’s look at each of these 3 key benefits for a moment:

 

BENEFIT # 1  . . . You can enjoy greater affordability and less financial stress.

According to national best-selling author and “money guru” Dave Ramsey, homeowners can often reduce their monthly mortgage payments by $500 to $1,000 (or more) by downsizing to a smaller, more manageable home.

Think about that. That’s like putting an additional $6,000 to $12,000 in your pocket—each and every year!  Wouldn’t that make your financial life much less stressful?

Imagine being able to dramatically reduce credit-card debt or other debts … boost your retirement fund … take that vacation you’ve always dreamed of …  You get the picture!

 

BENEFIT # 2 . . . You can achieve a much-less-cluttered, less stressful living area.

Living in a smaller home does NOT mean “living a smaller life.” Many of our clients have told us, “We want to reduce square footage, not the quality of our lives.”

If you feel that way, there’s good news. Often, by cutting the clutter (and the accompanying stress) and opting for a “less is more” lifestyle, you’ll achieve a HIGHER quality of life. And many who downsize into senior-friendly communities can also bump-up the quality and enjoyment of their lives by tapping into full-service amenities. These can include lawn maintenance, swimming pools, nearby friends, community social events, and more.


BENEFIT # 3 . . . You can enjoy increased safety and peace-of-mind.

With Baby-Boomer retirements and relocations sharply on the rise, many creative downsizing options for homeowners are opening up. But one constant is this: You want to feel safe and secure in your new home. Whether you move into a designated seniors’ community or one that houses people of all ages, you can benefit from enhanced security measures. For example, folks who downsize to a comfortable, affordable home in nearby Brookdale Village enjoy the peace-of-mind of modern-day safety-and-security measures, including professional background checks on all residents.

 

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MAINE SOURCE HOMES & REALTY
is dedicated to helping you find your perfect home-ownership solution. Whether you wish to buy, sell, or build a home, Maine Source Homes & Realty invites you to benefit from our 46 years of trustworthy experience and expertise.

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