If you’ve been wondering, “Should we downsize our house before winter?” that little thing known as “reality” is now providing a strong, clear answer. Thanks to a perfect blend of; (a) benefits you’ll receive that are specific to Fall 2020, and (b) benefits you receive IN GENERAL when you downsize your house, there has literally NEVER been a better time in your lifetime to downsize. Here’s why:
Incredible Time to Sell Your House
Thanks to an astonishingly robust seller’s market, you can now attract the kind of price for your home you could only dream of in 2019. The sales price of single-family homes has jumped fully 17.4 percent from one year ago, with the median price now at $270,000, according to Maine Listings, a subsidiary of the Maine Association of Realtors. This means REAL MONEY you’ll put in your pocket RIGHT NOW. And thanks to this Fall’s record-low interest rates, you’ll also achieve a huge financial windfall when you buy your new, smaller, easier-to-manage home.
The “Evergreen” Benefits of Downsizing
You can clearly see why Fall 2020 is flashing such a huge green light for everyone wishing to downsize. But the ADDITIONAL beauty of this situation is, not ONLY will you gain the specific benefits accorded you by Fall 2020, you’ll ALSO gain all the great benefits you NORMALLY get when you downsize your house. These include:
Greater Affordability, 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 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 EVERY YEAR! Wouldn’t that make your financial life less stressful?
Less-Cluttered, Less Stressful Living
Many of our clients thinking about downsizing tell us, “We want to reduce square footage, not the quality of our lives.” If you feel that way, there’s great news. Often, by cutting the clutter (and the accompanying stress) and opting for a “less is more” lifestyle, you’ll actually achieve a HIGHER quality of life.
Increased Safety and Peace-of-Mind
Everyone looking to downsize—especially those seeking to downsize before retirement—want to feel safe and secure in their 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.
When you add it all up, downsizing your house before Old Man Winter blows into Maine makes more sense than ever. If we can help, we invite you to contact us today.
ABOUT MAINE SOURCE HOMES & REALTY
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 48 years of trustworthy experience and expertise.