Home Downsizing London Ontario
Thinking About a Smaller Home in London Ontario And Area
Are the stairs in your home a challenge or will be? House too big or expensive to maintain?
Is there a right time to think about moving to a smaller house, an apartment or townhome condo or renting? The time I think we can all agree on is when it is too late! I am not trying to be glib, yet as a Realtor who has been working with seniors for years, it is quite sad and costly when too late!
I get it, currently, your house is right for you, you are comfortable, you enjoy your neighbours, you feel safe and you can manage. Unfortunately, time changes and challenges may become more difficult.
I will not get into all the options you have socially or financially, on Google alone you have over one million articles to read! Then, you have the opinions of your children, relatives, accountant, money manager or financial advisor, your church group, golfing buddies and the unwashed.
Downsizing Your Home In or To London Ontario
As a Realtor, a six to twelve-month timeframe at the latest is a good time to start thinking about a move, my most content are those who planned two-three years prior to the move!
For a start, being familiar with your local real estate market and the area you may want to move is a wise decision, being familiar with the best practices of buying or selling a home. Below are a few:
Another way is to be aware of what is for sale now to get a few ideas.
Do your homework.
If purchasing a condo, research the condo fees, building condition, management reputation or turnover, and décor and pet restrictions. An essential consideration is the mix of owner-occupied vs tenant rentals and the age group of the other owners in the complex or building.