4 Reasons You Might Consider Downsizing

home for saleThe traditional path of homeownership is typically parabolic. The new homeowners tend to find a smaller place that’s in their budget, and as their family and income grow, they move to larger houses. However, as people age, the size of their homes tend to go the other way.

If you’re in a big home right now and you feel as though it may be time to downsize into something a bit smaller, here are some reasons why you might be right.

You’re retired
No matter what age you end up deciding to make the call, retirement eventually seems like a viable option for the majority of people. Retirement is one of the most common reasons for people to downsize in an effort to make what they have last. A bigger home usually means more expenses, and retirees want to stretch their savings as far as they can.

Your current home is too much work
As a homeowner, you know how much work owning a home can actually be. That amount of work usually increases in parallel with the size of the home as well. No matter where you are in life or how old you are, it can seem like your current home is just too much work. In that case, downsizing to a smaller, more manageable home would seem like a great solution. Moving into a new home community would make that downsize even more manageable.

Your house has too many rooms
When you bought your current home, you marveled at the number of rooms it had, thinking you’d always have room for guests. Years later, you’ve come to realize that those empty rooms primarily stay empty for the most part. While it may be useful for that every-so-often occasion where your cousins from the West Coast come to visit, it’s pretty much just empty space.

Your home has appreciated
If you’re sitting there wondering if looking at smaller new homes is your best bet, consider how much you’d get for selling your current home. If it’s appreciated significantly, you could be in for a hefty payday when you put up your home for sale.

No matter your reason for downsizing, be sure to do your homework on your new home. Consider your ideal location, and whether a home for sale in your ideal neighborhood is a step up (quality wise, step down size wise). Buyers typically spend 10 weeks searching for a new place and look at a median of 10 houses. So don’t worry if you don’t find the perfect home for sale right away, you have plenty of time.

Looking to downsize to a smaller home, but upgrade to a better living condition? Give us a call today.

Sneak Peek of our Washington Model Coffered Ceiling

Parkview at Chesterbrook is getting excited for the opening of our two new Washington Models! Our luxury townhomes, located within the heart of Philadelphia’s Main Line, will boast some incredible features, but we’re especially excited about this coffered ceiling that adds character and sophistication to the Great Room. Whether your style is traditional or modern, coffered ceilings add the perfect finishing touch. In addition to their visual appeal, coffered ceilings can even improve acoustics and add the illusion of height. Want to see what else our Washington models have to offer? Stop by this weekend for a sneak peek and be sure to stay tuned for updates on our official Washington Model Grand Opening Celebration!

Coffered Ceiling

Hot Summer Deals on new homes!

Here at Parkview at Chesterbrook we are constructing new homes in Wayne, PA. Wayne is a close suburb of Philadelphia and is right on the main line! Our community is approximately 1 mile from Valley Forge National Historical Park, short driving distance to the King of Prussia mall, and an easy commute to Philadelphia!

Come in today to take advantage of our new summer sale- Free Deck and 50% off of all option up to $40,000 when you purchase a home at Parkview at Chesterbrook!