Main Line Homes for Sale – Four Tips for Retirees Downsizing
Many factors play a part in a person’s retirement, including money, family and health. In a recent survey done by The American College, 83 percent of retirees expressed a desire to stay in their current home as long as they could. Most retirees who were considering a move did so because they wanted to downsize.
Downsizing is an excellent way to age in place. With the high price tag of assisted living, downsizing can be a more cost effective option when properly planned. At Sage Realty, we see many Main Line homes for sale that are perfect for downsizing buyers, and we can help you through the entire real estate process.
One hesitation for those considering downsizing is the difficult process. Having to go through a lifetime of belongings and reduce them is no easy task. However, you can make the process easier, and there are some excellent tips that can assist those near retirement who are ready for a change.
Getting in the Right Mindset
Before you embark on any major life transition, try to prepare mentally before your move. Downsizing is difficult because on top of facing a move, you are also looking at the possibility of parting with treasured possessions. One way to start is to look at your move as a new beginning. Imagine you lost or never had those belongings—what would you replace first? Start with three lists: “must have,” “can live with or without” and “could replace.”
Four Essential Tips for Downsizing
Once you have your lists in place you can utilize these tips to get the process started:
- Tip #1: Sell when you can – Look at downsizing as an opportunity to add a little cash to the retirement fund. Yard sales, consignment shops, and online platforms like Craigslist offer easy avenues for trading extraneous possessions for cash. Use the opportunity to make sure you have extra for savings, or maybe to take a trip.
- Tip #2: Declutter, especially duplicates – Do you have wedding China and Christmas dishes? Choose one. Maybe you have two armchairs when your new place needs only one? Go through paper, clothes and outdoor equipment. Any items you had forgotten you owned should definitely go. You can read hundreds of online articles to help you with decluttering decisions.
- Tip #3: Take pictures or pass on special items – Invite close family members to a party to offer treasured items you had planned to pass down anyway. Make a photo album of things that you have loved and that have brought you pleasure.
- Tip #4: Give yourself ample time – While you probably have had years to collect your belongings, ensure you give yourself enough time to go through them as well.
Sage Realty Can Help
At Sage Realty, our Realtors® can help you find Main Line homes for sale that will fit your every need. We have many years of experience and will assist you and look out for your best interests throughout the home buying or selling process. Contact
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