3 Questions to Ask Before Downsizing Your Home

Real Estate

3 Questions to Ask Yourself Before Downsizing Your Cook County Home

1Downsizing to a smaller home is still a strong trend in real estate markets across the country. There are as many reasons to downsize as there are to move. If it’s time to sell your family home and downsize, before you do, there are some important questions to ask yourself. With a bit of planning, you can change your living situation so that it still suits your lifestyle and needs.

There is more to the idea of downsizing your home than just finding a smaller space. It could be you don’t need less square footage, as much as you may need a different floor plan to better suit your future plans. This brings us to the first question to ask. “Do I need a smaller space or a just different one?”

To answer this question, consider what your future plans are. Are you soon to retire and looking forward to traveling a lot? A condo unit or townhouse in a 55+ community may be ideal, so you’ll have little to no maintenance worries. Do you have grandkids and other family who’ll visit regularly? A home with 3-5 bedrooms may still be ideal, especially if you establish multipurpose rooms; there’ll always be room for guests, as well as your hobbies or crafts.

2The second question to ask yourself is “What are my future needs?” One of the most common downsizing goals is to move from a 2 or 3-storey house to a single level home, ensuring ease of access throughout. There are also more homes being built with a Universal Access design focus which is ADA compliant for those with mobility challenges. Examples of universal design features include wider doorways, lower counters, cabinets with space for wheeled chairs incorporated into them, and lever door handles. These and many other features allow home owners to live in comfort what ever the future may bring.

You may also want to consider how Smart home technology and eco-friendly amenities may be important to you in your future home. When it comes to downsizing, many of the latest home products and services can be utilized to help keep your home life simplified and even lower your carbon footprint. Discover some the latest products in this Top List published by CNet, and learn about some the top eco-friendly items with this review by Conserve Energy.

3The third question to ask is one which can easily be forgotten, especially in the excitement of downsizing overall. It’s important to consider, “How much storage will I need?” When you downsize, part of the appeal is to purge unused items, to lessen the load within your living space. Yet, there are still items to be kept. As you look at smaller spaces or more open floor plans, keep in mind what storage options are included, or what you’ll want to plan for. You may want a townhouse, finding one with a garage could be a big plus. Have an idea of what you plan to keep before you begin your search. If you can, purge and organize your belongings before you take any other steps. When you do move into your new home, incorporate different storage options, such as storage cube ottomans, or install new shelving and bookcases.

If 2018 is the year to downsize, you’ll want to start planning soon. When you’re ready to buy or sell a home in Cook County, working with an experienced Realtor® who understands the market, is another good plan to put into action. My team and I are ready to put our expertise to work for you. Learn more at our website, DriscollProperty.com, then contact the Driscoll Properties Team at 847-533- 6786 to help you discover the home of your dreams.

TAGS: Patrick Driscoll, Home Downsizing, Home Buyer, Home Seller