We live in a world of more, more, more. Even in laid-back Encinitas, you can feel the hubbub of the modern world slowly encroaching on our sleepy, beach-town vibe. I envy people who know how to focus on the narrow essentials in life and make time for what really matters. One person that comes to mind is my grandmother.
She lived in Encinitas for decades, staying in her long-time home by herself even after she lost my grandfather. She always had a smile, a jar of M&M’s, and sayings to live by, like, “The most important thing in life is not knowing everything, but having the phone number to somebody who does.”
One day she announced that she was ready to sell the rambling, ranch-style home she’d lived in for all those years. She had gotten lonely rattling around her house with its empty rooms and was ready to downsize to a smaller space. Not only was she worried about maintaining the house once she started to lose her mobility, she also wanted to do a little traveling while she was still active.
A part of me was certainly sad. My childhood was filled with memories of visits to her home and summer afternoons watching TV alongside her, and I wondered who she’d become if she relocated to an apartment. But I also knew she couldn’t be responsible for the property forever and I certainly didn’t want to come between her and her dreams of seeing the Eiffel Tower. To make a long story short, she sold the house, moved to an apartment off of Encinitas Boulevard, and promptly sent me a postcard from Paris.
The Perks of Downsizing
While it can be difficult to leave a home that’s full of memories, more and more older adults are choosing to sell their houses and move into smaller spaces that require less upkeep or are located closer to urban hubs. This has two major advantages: it helps you save money and it also offers you a more flexible lifestyle.
If the house still has a mortgage, selling it will eliminate that monthly expense and help you stretch your retirement budget at a crucial time. If the house doesn’t have a mortgage, selling it will provide an influx of cash that will open up your options for the next chapter, whether that’s traveling, moving closer to family, or simply growing a nest egg for a rainy day.
Either way, if you’re a senior citizen and you want to downsize, you’re not alone. The Demand Institute reports that more than 40% of Americans ages 50 to 64 plan to move within the next five years, and many of them intend to move to a smaller home with the goal of saving money.
Moving into a smaller home can also offer you a better lifestyle as you move into your golden years. Not only will you have less space to maintain and navigate, you can also find a place that’s more centrally located, making it easier to stay independent. Being closer to grocery stores, medical services, and public transit means you can continue your life more-or-less as normal, even if your mobility becomes limited.
What If My House Is Old or Outdated?
While deciding to sell your home might seem like the hardest part, the real estate market might actually be your biggest hurdle.
If your home is in need of a lot of updates or repairs, you might have to sink substantial money into your property to get the attention of buyers, or you risk the house sitting on the market for months and months. San Diego County is a seller’s market, but that means prices are high and more and more properties are being put on the market as owners attempt to take advantage of those prices. This adds up to a lot of competition for you, and many of those houses will boast higher curb appeal or more up-to-date appliances and features.
If you’re ready to move on, the last thing you need is to waste more time and money on a house you aren’t keeping. So if you had the option to sell without having to worry about renovations, wouldn’t you take it?
Sell Your House Direct Can Do the Work for You
Sell Your House Direct will buy your house in Encinitas for cash, even if the property needs renovations. No need to make costly repairs or waste time on the traditional real estate market! As soon as you call us, we can get to work and make you a cash offer in as little as 24 hours, and we can close the deal in a matter of days.
This is a special time in your life and we understand how important it is. You can trust that we’ll treat you as part of the family. So give us a call today and sell us your Encinitas home. Just remember to send us a postcard from Paris!Views: 6