Downsizing Your Home? Use These Tips to Plan Your Move

kitchen and dining roomMaybe the thought of moving to a smaller, low-maintenance home has only briefly crossed your mind, or maybe you’re seriously considering downsizing. But before you trade your too-large house in for, say, a cozy condo downtown, there are a few things to consider.

Downsizing requires quite a bit of planning: You may need to figure out what to keep and what to discard, choose between the love seat and the sofa for your new living room, and determine which furniture pieces can serve multiple functions.

Here are a few downsizing tips to help you prepare to sell your current home.

Start Reducing Your Possessions Now

The sooner you are able to get rid of furniture, household items, and knickknacks you no longer use or need, the better off you’ll be. When you do decide to sell your home, you will thank yourself for spending a few hours a week decluttering now rather than waiting to do everything all at once.

If You Can, Sell Instead of Discard

Many homeowners choose to downsize to spend less money on a mortgage and more money on fun experiences. If you are able to start decluttering weeks in advance, you will have the time to sell unwanted possessions and save the money for future vacations. Consider hosting a yard sale, posting items for sale online, or having high-end items appraised.

Have a Plan

notepad with wadded paperTo avoid getting overwhelmed by all the work involved in downsizing, form a plan to keep your stress at bay. Consider these planning tips:

  • Make a checklist of possessions you cannot live without in your new home.
  • Create a checklist of wants and needs for your new home.
  • Determine which items you can pack now and which items you need to keep handy.
  • Start packing your nonessential belongings.

Get Started by Working with a Real Estate Expert

One of the biggest mistakes home sellers make, whether or not they’re downsizing, is not hiring a real estate professional to make the most of their investment. An agent’s experience and knowledge will help you sell your home for the most money possible, allowing you to use the proceeds to purchase a smaller home.

Are you thinking about downsizing? Start the process by requesting a market analysis for your property. Contact us to learn more.

About Walter Burns

Walter Burns is a licensed New Jersey Realtor since 2002 and he specializes in luxury living in the hottest New York Metro area communities including the prestigious New Jersey Hudson River waterfront areas of Hoboken, Jersey City, Bayonne, Union City, Weehawken, West New York, Guttenberg, North Bergen, Cliffside Park, Edgewater, and Fort Lee. Walter’s mission, desire, and goal is to assist all parties in accomplishing their real estate goals, as well as to empower his clients through exceptional service, creating extraordinary results.

Having been mentored by several of the top 100 Realtors and Developers in the United States and Canada, he graduated from Rowan University and currently resides in Hoboken. Walter is part of Weichert Realtors, the largest privately owned real estate firm in the world.

NJAR Circle of Excellence Sales Award, 2009, 2010, 2011.

Google

Real Estate Popuri

Leave a Reply

Your email address will not be published. Required fields are marked *