7 Ideas To Help Retirees Downsize In Lawrenceville Georgia Many people when approaching retirement age dream about selling their current too big home and buying a smaller one and then investing the money made on the sale to help fund their retirement. For many of these people though the reality turns out to be a little different because downsizing often doesnt work out as well as theyd hoped. But done right downsizing can produce some hefty profit along with other benefits. With that in mind we offer these 7 ideas to help retirees downsize in Lawrenceville Ga. See Video Below Know What and Where You Really Want Before retirees downsize they should determine exactly what they want in their new home and neighborhood and exactly where theyd like to live. Do you for example want to live in a warm climate or is it more important to be near family even if they live where winters are harsh? Is your goal to relax and live quietly or are you seeking opportunities for outdoor adventure? Would you prefer to live in a big city or in a small town? And do you want to live among people your own age and with similar interests? Getting clear on these matters is the best first step because happiness is more important than profit. Once youve got this squared away its time to move on to the next consideration. Figure Out How Much Space You Need When retirees downsize in Lawrenceville Ga they need to think long and carefully about how much space they need in their new home. You dont want to wind up with another house thats too big for you with wasted square footage closed-off and unused rooms high heating and cooling bills and burdensome maintenance. But then you also dont want to make the mistake of over-downsizing of buying a house too small for your needs. Consider your retirement lifestyle. Will you be entertaining a lot and hosting friends and family? Or will it be just you and your partner? Your local real estate agent will be a good resource to help you determine exactly what your space needs are. (To find out more just call 678-337-1165.) Do the Math When retirees downsize in Lawrenceville Ga they often make the mistake of not carefully crunching the numbers. The result then is that they spend much more money on the new house than they had planned which of course eats into the money from the sale of their old home they had planned to use to augment their retirement funds. And the unexpected expense includes much more than just the homes purchase price. In doing the math you must consider not only the purchase price of your new downsized home but also such things as property taxes insurance utilities HOA fees and even cost of living in the area. Downsizing doesnt have to mean downgrading but you dont want downsizing to cost more either. A local realtor can help you determine costs in the area and neighborhood youre moving to. (Call 678- 337- 1165 for more information.) Look at the Floor Plan Retirees who downsize also need to carefully consider the floor plan in their new home. First you need to make sure you can place your furnishings to advantage and pleasingly. You should also make sure the floor plan suits your physical abilities and energy level. Ask yourself questions like these: Will that huge corner coach really work in the tiny living room? Do I want to climb stairs every night to go to bed? Will that one extra bedroom comfortably accommodate grandchildren when they visit? Get Rid of Stuff the Right Way Typically when retirees downsize in Lawrenceville Ga they both need and want to get rid of unnecessary items before moving. Moving is unpleasant enough without having to move unnecessary items. A good way to pick up some extra cash for the move is by selling unwanted items for example in a garage sale or on Craigslist. But if you dont want to bother with that donate those items to worthy charities and to people who need them. You can also use those donation receipts when tax time rolls around again. Consider a Storage Unit Moving is an onerous job so you may not want to move everything all at once. In that case you might consider investing in a quality storage unit. Then you can move belongings in the storage unit into your new home when the mood strikes. You may even find that after those things have been in storage for a whileyou dont need them after all. Hire a Local Agent This last idea to help retirees downsize in Lawrenceville Ga should be given some careful consideration. And that is to hire a good local real estate agent one who knows the area and neighborhood youre moving to so that she can help you implement all the other ideas listed above. An agent who knows the local market can make house hunting and the purchase process much smoother and far more effective. Learn more about our great ideas to help retirees downsize in Lawrenceville Ga! 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