In general, there is going to be some benefit to making a move. There will also be some drawbacks. Let’s examine this.

Pros to Moving

1. You get an opportunity to lose the stairs in your home & perhaps all of the yardwork & snow clearing

2. You have a chance to free up your equity for other things

3. You can move nearer to your family

4. You can travel

5. Perhaps you can move to a safer or quieter area

Cons to Moving

1. You may have to get used to a smaller living space

2. You may have to give up some of your (unused) possessions

3. You may have to find new service providers i.e. hairdresser, doctor etc.

4. You may have to say goodbye to your neighbours

5. Moving can be stressful

Do the exercise. Weigh the pros and cons. Add a value (from 1 to 10) to each Pro and Con. If the Pros outweigh the Cons (or vice versa) you can let this experience guide your decision.

As inspiration for this article I referred to a wonderful book you may wish to purchase. It’s called The Best of the Rest – Downsizers for Seniors and Boomers (Senior Moves ISBN 978-0-9948631-2) 

About the author:

Stuart Neal is an accredited Seniors Real Estate Specialist (SRES®). Many of his clients are downsizers. You can read more about the author of this blog by clicking this link – Stuart Neal Broker Owner & REALTOR^®

Want more information about our lower cost FLAT FEE home selling programs? Please feel free to call our broker owner Stuart Neal at: 780-760-2014 or visit our home sellers page www.FlatFeeRealtyAdvisors.ca

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