Is it time to downsize your house?
Home downsizing can be a smart move, depending on your circumstances, priorities, and needs. Whether you want to downsize to save money or to decrease your environmental impact, downsizing has many advantages. Some reasons to downsize include:
A simpler lifestyle
With less space to manage, you’ll have more free time to do the things you enjoy.
Divorce
When a marriage breaks up, finances change. Downsizing can allow you to enjoy a smaller home that is a better fit for your budget.
Retirement
Downsizing can free up equity from the sale of your current house, allowing your money to go further.
Relocation
Moving to another area may necessitate downsizing if the new location has a higher cost of living.
Mobility and accessibility
A smaller home may be easier to navigate for people with mobility concerns.
Financial reasons
Downsizing to a smaller home can mean that your mortgage payments will be lower, as well as your property taxes and utility bills. With less square footage, there is less to heat and cool, and not as much to maintain. Your insurance costs may also be lower.
What are the options for selling my Atlanta house when downsizing?
You have several options when it comes to selling your house:
- Real estate agent: Selling via a real estate agent can mean making repairs and upgrades to get ready for a competitive housing market in Atlanta. Staging, professional photography, and open houses are also typically a part of the process.
- For sale by owner (FSBO): If you are willing to take on the responsibilities of a real estate agent, you can sell your house yourself. It will require the same steps as selling via a real estate agent, but you’ll need to market it on your own.
- HomeVestors®: Choosing to sell to a reputable off-market buyer like HomeVestors offers a streamlined and convenient experience. Selling your house is simple because we purchase homes “as is.”
