When you’ve lived somewhere for many years, it can be tough to say goodbye. But if you (or a loved one) currently have a home that is bigger than necessary or is too high maintenance, it may be time to trade unused square footage for a smaller, more manageable space.
Take it from the downsizers who’ve been there: Although living small might require some adjustments, it can also be liberating––especially if you’re in a stage of life where past responsibilities have given way to new possibilities and adventures.
In fact, many downsizers report feeling invigorated by the change, according to real estate journalist and author Sheri Koones. “It scares people to think of moving into a smaller space,” said Koones to the Associated Press. “But every single person I interviewed who has made the transition says they are so happy they did.”1
The key is to find somewhere you can live well and move around comfortably, without feeling overly restricted. If you like the idea of aging in place or are already in your golden years, you may also want to look for signs that a new home can conveniently age with you.
With that in mind, I recommend focusing your search around three key factors: desired lifestyle, optimal design, and long-term accessibility. Read on for specific tips, then call me for a free consultation. I can help you identify the types of homes that are best suited to living large with less.
Do you have a loved one whose housing needs have changed? Share this information to help start a conversation about the benefits of downsizing.
LONG-TERM ACCESSIBILITY
Buying a home that you can age well in can be a great way to boost your health prospects and happiness. According to the U.S. Department of Housing and Urban Development (HUD), homeowners who age in place instead of in an institutional environment not only save money over time, they also enjoy greater health and emotional benefits.4
Aging in place is also popular. According to survey findings from the National Poll on Healthy Aging, the vast majority of adults between the ages of 50 and 80 would prefer to age in their own homes.5
But even though many adults want to age in place, only 34% of surveyed adults currently live in a home with the features to make it possible.5
If you’re already in the second half of your life, then it’s smart to prioritize accessibility now, even if you’re highly mobile.
Choosing an accessible home will improve your odds of staying put for longer. Plus, you never know when you might need an accessible light switch, handrails in the bathroom, or a seat in the shower, says Sheri Koones. “Yes, older people with disabilities need them, but even younger people break a leg skiing, or have situations where they want a barrier-free shower.”1
As you consider your options, try to imagine what your needs might be as you get older and be proactive in identifying potential obstacles, recommends the National Council on Aging (NCOA).6
For example, a single-level home or one with wide enough stairs for a stair lift or access to an elevator may be a more practical choice than a home with lots of narrow stairs. Alternatively, a home with at least one ground-level bedroom and bathroom may also work well for you.
Consider your needs outside the home, as well: If you frequently visit the doctor, grocery store, or community center, for example, then you may benefit from choosing a property nearby.
Action item: Review the checklist below, adapted from the National Institute on Aging’s home safety worksheet, or download the full version from the agency’s website.7 Highlight the items that are most important to you. We can reference these guidelines as we consider potential homes and suggest ways to adapt a property to meet your current or future requirements.
HOME SAFETY CHECKLIST 7
☐ If a walker or wheelchair is needed, can the entrances to the house be modified — perhaps by putting in a ramp to the front door?
☐ Are there any tripping hazards at exterior entrances or inside the house?
☐ Are the hallways and doorways wide enough to accommodate a wheelchair if needed?
☐ Does the home have at least one ground-floor bedroom and bathroom?
☐ Are there any staircases, and if so, could they accommodate a stair lift?
☐ Is the house well-lit, inside and out, particularly at the top and bottom of stairs?
☐ Could handrails be installed on both sides of the staircase?
☐ Is there at least one stairway handrail that extends beyond the first and last steps on each flight of stairs?
☐ Are outdoor steps sturdy and textured to prevent falls in wet or inclement weather?
☐ Are there grab bars near toilets and in the tub or shower or can they be installed?
☐ Have a shower stool and hand-held shower head been installed to make bathing easier?
☐ Is the water heater set at 120° F to avoid scalding tap water?
☐ Are there safety knobs and an automatic shut-off switch on the stove?
☐ Have smoke and carbon monoxide alarms been installed near the kitchen and in all bedrooms?
☐ Are there secure locks on all outside doors and windows?
BOTTOMLINE
You don’t have to compromise on comfort to downsize successfully. I can help you strategize your next move and identify the best new home for you—whether that’s a smaller home for rent or another one to call your own. I take pride in offering a full-service real estate experience and assisting my clients through all stages of the real estate journey. And I’ll go the extra mile to maximize your current home’s sales price so that you’re set up for financial security.
The above references an opinion and is for informational purposes only. It is not intended to be financial, legal, or tax advice. Consult the appropriate professionals for advice regarding your individual needs.
Sources:
- Associated Press (AP) – https://apnews.com/article/lifestyle-f094372b46bae82020c174907eb953c0
- Healthcare (Basel) – https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10671417/
- Washington Post – https://www.washingtonpost.com/home/2023/02/07/make-small-room-appear-larger/
- HUD User – https://www.huduser.gov/portal/periodicals/em/fall13/highlight2.html
- National Poll on Healthy Aging – https://www.healthyagingpoll.org/reports-more/report/older-adults-preparedness-age-place
- National Council on Aging (NCOA) – https://www.ncoa.org/adviser/medical-alert-systems/downsizing-for-aging-in-place/
- National Institute of Health (NIH) – https://www.nia.nih.gov/sites/default/files/2023-04/worksheet-home-safety-checklist_1.pdf