Whether you are downsizing to retire or to release equity in your home, PropertyMash has all the information you need. Your children may have grown up and moved out, or maybe they are still living with you but require less space as they get older, maybe you want to move to a property with less maintenance so you can spend time with loved ones, perhaps you want a change of location, or a property you can “lock and leave” so you can travel more. Whatever the reason, there comes a time when the family home has done its job and you need something smaller.
When downsizing, whether it is to a smaller house or a new apartment, the one thing you are going to need a lot of is storage. Look for clever floor plans with built-in storage, large garages or storage cages in the basement of apartment blocks. Other things to consider when downsizing are the location, transport options, accessibility, and ongoing cost and maintenance.
From deciding on the best time to downsize to decluttering ready for the move, read everything you need to know about downsizing here!