Whether you’re about to become an empty-nester or just getting ready to retire, the act of downsizing can provide a great sense of relief because it allows you to secure your plans for the next steps in life. Selling a home that no longer suits your daily needs is one of the steps toward starting your golden years off on the right track, and you’ll be happy to know that you’ve accomplished a significant goal in your retirement planning.
Signs that it is Time to Downsize
The most common motivating factor that tells people that it is time to downsize occurs when the last of their children have finally left the nest. Whether you’re a couple or a single person on your own, the transition to living without your dependants marks a highly significant moment.
It also comes with a few practical concerns. For example, it is likely that you do not require all of the living space you once needed. If you own several extra bedrooms that never get used, the chances are that the other rooms in your home (like your kitchen, dining room and living room) are also much bigger than you require.
First Steps
To get to the point when you truly feel that the pressure for retirement planning is off, you need to make a few decisions to ensure you find the perfect new dream home to help you carry out all of your plans for retirement.
Making these choices will help to determine how you plan to live during your retirement years, so it helps to take the time to consider what you’ll need to prepare. Luckily, Blythwood Homes is here to help you along the way with some attractive options in move in ready homes that will enable you to focus on your own unique goals.
Reasons Why You Should Consider Downsizing
There are many practical reasons you might want to sell the large home you currently own in exchange for a more manageable option. Considering your reasons can help to clarify what you’re looking for in the years to come and ensure that you make choices that will contribute to living a full, healthy and happy lifestyle as you age.
Simplify By Cutting the Clutter
Downsizing itself will help you to simplify your life and cut out an enormous amount of clutter that you’ve accumulated but no longer need. Moving to a smaller location might seem daunting at first, but it will also push you to deeply consider what you’ve been holding onto in your life that isn’t helping you to achieve your goals.
As such, the best way to start on your first steps towards downsizing is to evaluate all of the material goods you’ve accumulated over the years and get rid of anything you don’t need. You might be surprised at how much you own that is only taking up space and weighing you down.
While your path to downsizing should start by getting rid of items in your home that you don’t need or can live without, continuing this process for too long will only leave you with a large living space that is mostly empty. It also won’t help very much with the problem of having to take care of such a large home all on your own.
The Advantages of a Bungalow Home or Bungalow Townhome
When you work with us to build a new custom home for your retirement, you can choose a home that matches your lifestyle because it includes features that you help design. While your current home may have a few extra bedrooms that you no longer need, you can opt to include an extra room or two in a newly-built custom home that is designed specifically for a new purpose, like an art studio, an office, or an exercise room.
Financial Freedom
You may be eligible for a pension and have built up a few investments to provide you with a more comfortable and secure retirement, but you shouldn’t overlook the value of your home as a way to secure more financial freedom. Given that you never know what the road ahead will bring, it might also be a good idea to cash in on the value of your home while you know the market is good.
Freedom from Maintenance and Freedom to Travel
Consider a bungalow townhome! When you see the types of bungalow towns now offered you will be really amazed at how spacious they are. Towns also offer turnkey living with lawn, garden and snow removal. Come wintertime you can just lock up and take off!
Choose your Destination
The area you choose to live during your retirement will have an enormous impact on what kind of lifestyle you’ll engage in and how much you’ll enjoy your retirement years. One of the biggest trends to happen today concerning retirees is that they want to get out of the city to move to a more peaceful rural setting closer to nature and less congested.
When you work with custom home builders in the Niagara Region, not only will you be choosing one of the best areas of Canada for retirees to live in, you’ll also gain all of the advantages of living in an active adult community.
Considering an Active Lifestyle
The reason that so many people are now opting to live in an adult living community when they retire is that such environments encourage continued social interaction and physical fitness. Studies have shown that people who engage in both of these activities tend to enjoy better health and remain happier in general throughout their golden years.
When you live in a community that offers fun ways to stay active and social on a regular basis, you won’t have to worry about sitting alone in a large home trying to figure out new ways to accomplish these goals. You’ll also be able to meet new people with similar goals who will help you stay engaged and motivated.
Preparing for a Better Retirement
What these reasons all have in common is that they will help you to prepare for retirement and make it easier to turn your retirement plans into a reality. Blythwood Homes offers attractive options to people that are planning their retirement because they ensure that most of the most vital factors that contribute to a positive lifestyle are included.
If you’re thinking about selling your current home, get in touch with us to find out how you can get started on planning a new custom home that is better suited to your needs.