First Time Buyers

How to downsize and move into a right space

5 Benefits of Downsizing

Smaller homes typically require less time and effort to clean and maintain, allowing you more free time to enjoy other activities.

Downsizing can lead to significant savings on utility bills, property taxes, and home insurance, easing your financial burden.

Selling a larger home and moving to a smaller one can free up equity, providing you with additional funds for retirement, travel, or other investments.

A smaller space encourages decluttering and can lead to a more organized and stress-free living environment.

Downsizing often means moving to a home that is easier to navigate, which can be especially beneficial as you age, ensuring your home remains suitable for your needs.

The 4-Step Downsizing Roadmap: Your Guide to a Smooth Transition

Are you considering downsizing or already in the process of making your next move? It’s completely normal to feel overwhelmed with such a significant transition. Our 4-step Downsizing Roadmap is designed to guide you through this journey, ensuring a smooth and successful outcome both emotionally and logistically.Ā 

STEP 1: DECISION MAKING

Making the decision to downsize is often the most challenging part. Itā€™s crucial to weigh your options with the right professionals to make an informed choice. Whether youā€™re contemplating building a secondary suite, renting out your current property, or moving into a smaller home, these are some common pathways.

Consider your new location and transition plan based on your financial and personal circumstances.

Support:

Financial Advisor: Discuss your financial situation to gain confidence in your future plans.

Local RealtorĀ®: Request a property evaluation to understand your current situation and explore your options.

real estate consultation phase (2)

STEP 2: PROPERTY POTENTIAL

Prepare your home for sale or rent to maximize its appeal. Sometimes a fresh coat of paint and new carpets are enough; other times, renovations might be necessary. Presenting your home in the best light can attract the right buyers and yield the best possible results. Treat any required expenditures as investments.Ā 

Support:

Local RealtorĀ®: An experienced REALTORĀ® can help you understand your propertyā€™s potential and the necessary steps to enhance it. We are happy to coordinate minor property improvements, repairs, de-cluttering and packing professionals, etcā€¦

Risk:

Selling ā€˜As Isā€™: This might result in a lower selling price and a longer time on the market.

how much is my home worth in airdrie?

STEP 3: DECLUTTERING

Sort through your belongings to decide what to keep, sell, or discard. Keeping your future plans in mind can make this stage more manageable.

Support:

Local Organizing Professional: They can assist with strategic decluttering, donation drop offs, junk removal, selling or auctioning valuable items on your behalf.Ā 

Risk:

Excessive Storage: Retaining too many items may necessitate additional storage solutions, which can be costly.

beautiful entrance in airdrie home with black light fixtures

STEP 4: THE SELLING PROCESS

Engage with your Local REALTORĀ® to navigate the selling process. Whether selling privately or with a REALTORĀ®, completing steps 1-3 will ensure a smoother, quicker sale.

Support:

Selling Agent: They will guide you through every step of the selling process, keeping you informed throughout. Helping you with every step of the process and connecting/coordinating any additional support you may need.

Note: Choosing an agent solely based on commission might not always yield the best outcome.

Looking For a Downsizing Expert?

Hi, I’m Graham, your downsizing specialist! I can guide you through the entire process and assist you with finding the most suitable property for the Empty Nester stage of your life.

For personalized guidance and expert advice on downsizing in Calgary, Airdrie, and surrounding areas, feel free to reach out to me. Together, we can make your downsizing journey as seamless and stress-free as possible.

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How Much Is Your Home Worth?

If you sold your home today, do you know how much you would walk away with?

To help us get a better understanding of your home please complete the form below:

Home Worth

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