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Is It Time to Downsize?

For years your home has been your castle, your place of peace, your refuge against the world. But, after some time life happens and things can change so much faster than you thought. As the years go by it's natural for the needs of your home to change; what may have been a must have features can be more than you need. It may be time to downsize! While that can seem intimidating it doesn't need to be and you may be unsure if it's even the right time - after all, you've loved your home for years - so why change?

It's Just Too Big
Whether that means the home itself or the property it's attached to, after a while it can seem like a bit much. It might just be the size alone, empty rooms once the kids have moved out can make the house feel more empty too. Moving to a smaller home gives you the opportunity to relive all the good memories you had and make them a focus for your next home where you will make new ones.

The Price Is Right!
There's nothing wrong with a little monetary motivation - and the real estate market is still moving in Idaho! Even if finances aren't a problem, prices right now have been good enough that you may want to consider padding your nest egg by selling and downsizing.

Finances Are Tight
Money needs change as we age too, and no matter how well you plan there are always unexpected costs. A larger home usually means larger costs in utilities and taxes. If your home is taking up 30% of your take home income or more it may want to make the move sooner than later. Selling your home while the market is good is a great way to not only take care of current debts but to also have the means to plan for the future as well.

You're a Traveler
For some, our later years are the time when we are more active than ever, and for those folks travel often takes a more center role in life. If you're a snowbird, or find yourself constantly jumping from one bucket list adventure to the next you might be realizing how much time you spend NOT at home. Because of that the overhead, maintenance, and other costs of having a large home you're never at might not make sense.

Downsizing can be a smart financial move and give you a new lease on life, but we understand how much of an emotional decision it can be to leave your home behind. Isn't it good then to know you have trusted real estate professionals here at Garden Valley Properties? If you are considering selling your home in Idaho, put our decades of Idaho real estate experience to work for you - we will be sure to work closely with you to help find a plan that works for your next move!

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