THINKING ABOUT

Downsizing Your Home

If you think moving up in life means buying a bigger home, it’s time to set the record straight. Most American families have plenty of room to downsize their home without cramping their style.

Downsizing Your Home

If you think moving up in life means buying a bigger home, it’s time to set the record straight. Most American families have plenty of room to downsize their home without cramping their style.

Consider the numbers: The average new single-family home comes in at nearly 2,700 square feet, according to the latest Census data. You may not think that’s all too big until you look back at history. In 1950, the average home size was less than 1,000 square feet—and families were bigger back then. By those standards, today’s homeowners are living large!

Moving into a smaller home may feel like a step down, but a closer look reveals the upsides.

You’re Moving, Anyway

If you’re already getting ready to move because of a job relocation or for some other reason, consider checking out smaller homes, especially if you’re moving to a more expensive area. Families who can afford sprawling homes in the Midwest may find that they are financially forced to downsize if they move to the east or west coast where housing is significantly more expensive.

If you’re already in the process of moving, why not assess your situation to see if downsizing would be a good plan for you?

You’re Trying to Live on One Income

If you want either mom or dad to be able to stay home with the kids and work on raising your family, moving into a smaller home can help. MSN’s Real Estate section points out that smaller homes not only come with smaller mortgages but are also cheaper to heat, cheaper to decorate, and even cheaper to maintain because replacing big-ticket items like roofs and floors doesn’t cost as much.

You Want to Live More Simply

Maybe you’re trying to get back to the core of life and want to put family values more into play. Of course, it’s entirely possible to live simply and with family values in a large place, but it may be easier in a small space. The extra space to store junk you don’t really need won’t be available and family members will be forced by space constrictions to interact on a more regular basis.

More Income

The money you save on your mortgage can translate into the things you’ve always wanted to do. Reward yourself. Take a dream vacation, join a club, buy a new car, or go shopping. Whatever. Add some fun to your life.

Thinking About Downsizing Your Home

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Amy Watson

Amy Watson

REALTOR®

208.412.3665

amy@amywatsonrealestate.com

Amy Watson is a second-generation REALTOR® who was raised in the Treasure Valley.  She prides herself on ongoing personal and professional development. Past clients would tell you she prides herself on being accessible, responsive, current with real estate technology and trends, and a true professional. This all comes while offering a customized approach based on their unique set of needs. There is nothing better than seeing clients reach their financial and real estate goals. She enjoys becoming lifelong friends along the way. She will also throw in her dry sense of humor at no extra cost! Why not have fun!

Personally, she enjoys spending time with her family, two Yorkies, Millie and Hyde, and cat named Fuzz. She loves anything in the mountains (being married to a geologist makes this more fun), long distance cycling, traveling, snowmobiling, alpine skiing, and playing golf.

In addition to her real estate knowledge, she graduated magna cum laude from Boise State University in 2014 with a Bachelor of Business Administration and was recognized as the Outstanding Graduate in the marketing department for her leadership, academic excellence, and contributions. She says her education has allowed her to apply economics, analytics, business law, and finance among other important areas of business to real estate. She also volunteers time to her church and community.

Because of her ethical and professional approach to real estate, Amy has been a top producer of her local REALTOR® association since 2015 and one of the top agents in her home area of Middleton since 2016. She strives to be your “REALTOR® for Life” and promises to exceed your expectations.

Woodhouse Group Real Estate