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Downsizing? Here's What You Can Expect When You Move From a House to a Condo


Downsizing? Here's What You Can Expect When You Move From a House to a Condo


Whether the kids have moved out or you just aren't using the extra bedrooms, having a house that feels 'too big' is rarely fun. In today's post, we will share a few changes you can expect when you downsize from a large house to a smaller apartment or condo.


1. Why Downsize At All?


As you might imagine, having too much space is the primary reason that couples and families downsize. Larger homes cost more to maintain and can feel empty if it's just one or two people living there. In many cases, old items and clutter tend to build up as there is so much storage space. Downsizing to a smaller home helps to maintain a lifestyle that is more efficient but no less luxurious.


2. Ask Yourself: Are You Ready?


Another consideration that you will need to make: are you ready to move? If you are retired from work, then you likely have enough time on your hands to manage a move. Conversely, if you and your spouse are both working full-time and live near your workplace, you may want to source a smaller home nearby.


Don't forget that if you own the house you are living in now, this might mean having to list and sell it while buying your new home. This is a common situation and isn't a significant problem, but it will require a bit of scheduling and financial planning you remember the first time you shopped for or purchased a home? If so, think back to that moment. What did you first notice? Do you remember certain aspects of the home's appearance, or perhaps some unique landscape feature? Was it the bright color of the freshly-painted door or the glossy sheen from the clean windows?


The concept of 'curb appeal' – that is, how your home appears when viewing from the curb – is an important one, especially when selling your home. Below we'll share why.


3. Give A Strong First Impression:


The first impression that your home gives is one that will last. If your paint is fading or chipped, your siding is damaged, your roof is in disrepair or your gutters are hanging loose, what do you expect a potential buyer to think? It's safe to assume that if you can't be bothered to pull the weeds in the garden or rake up the leaves that there may be other maintenance issues lurking.


Remember, your goal is to sell your home as quickly as possible and for the best price. If your house looks like it's in perfect shape from the outside, potential buyers will want to explore it further.


4. Appeal To The Drive-By Buyers:


You may not be aware, but many potential home buyers won't bother connecting with your real estate agent or showing up to your open house events. Instead, they'll drive by to get a feel for how the house and property look from the outside. Some might peer into your backyard or take a quick look around the lot as well. Your home must appear in peak condition at all times during the sales process. If your curb appeal declines, you may end up losing out on a potential sale.


5. Set Your Home Apart From The Neighbors:


Contrast is another reason why focusing on your home's curb appeal is important. Potential home buyers will be comparing your house with others on the same street and across the neighborhood. If your house is the best-looking one on the block, it's more likely to sell for a high price than if it's the runt of the litter.


When you're ready to list your home for sale, our professional real estate team will be happy to share some more curb appeal tips. Give us a call at your convenience – we look forward to connecting with you.