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Downsizing your home? Make sure its for the right reasons:
[an extract from an article by: Dhivana Rajgopaul – Journalist IOL – 19 September 2024]
Reasons that people choose to downsize can range from wanting a simpler lifestyle, to reducing expenses, or feeling that the property they live in is too big for their needs.
Very often Couples make the decision too late because of the strong emotional ties to their home.
… “In most cases, it’s better to make the move to a smaller home while you’re still fit and healthy and able to not only make the move with ease but to embrace and enjoy the next chapter of your life.”
This is what people should consider when deciding on the right time to make the move.
- Empty nest
- Maintenance is becoming a challenge
- Financial considerations
- Lifestyle change
- Spending time in a few rooms
- Health or mobility concerns
- The Real Estate Market is favourable
If this article is of interest to You, You can view the Original, Full article here → https://www.iol.co.za/property/residential/downsizing-your-home-make-sure-its-for-the-right-reasons-9ef4e38c-66bc-4553-ab28-07941dd31d37