Downsizing Before Retirement: Cutting Costs and Boosting Value

Downsizing Before Retirement

Downsizing Before Retirement: Cutting Costs and Boosting Value – This is a guest blog. The opinions expressed by the author in this and all guest blogs are not necessarily those of Mr. Blinds Gainesville.

Downsizing Before Retirement

Downsizing Before Retirement: Cutting Costs and Boosting Value


At some point, almost every homeowner considers the benefits of downsizing. From cutting utility costs after your children move out to lowering mortgage rates to boost your retirement fund, there are many benefits to moving into a smaller home. Many people are also realizing these benefits could come even sooner than retirement and are choosing to make the move in their 40s and 50s. If you’re contemplating a pre-retirement downsize, Mr. Blinds Gainesville explains what you need to know about the benefits of taking the plunge, prepping your current abode for the market, and finding your new home.


Benefits of Early Downsizing

Savings, savings, savings: it’s one of the most substantial benefits to downsizing your home. You can save time and energy spent on keeping up your house and yard, and of course, you can save money. This gives you the opportunity to get your financial picture prettied up prior to your retirement years. And with the extra time you have, you might even take on a side gig so you can pad your savings all the more. Here are some of the key ways you can set more aside each month by moving to a smaller place.



Improving Resale Value

If you’re considering downsizing before retirement, think about what improvements you need to make on your home to get the best value on the market. You might be surprised at the influence you can have on your home’s future price, even with small projects. Focusing on your home’s resale value not only enhances your investment, but also elevates your enjoyment of your home right now. And projects don’t need to be costly or time-consuming to make a big difference. Think about these details when prepping your home for sale.



Finding a New Home

What is driving your location choice? It’s important to sit down and do a little soul searching. Do you want to be close to family? Are you a pet owner looking for the perfect home for your companion? Would you like to run more errands on foot? Perhaps you prefer to be in closer proximity to your workplace, or even to the golf course. Or maybe you’re embracing nomadic work and your choices are broad as could be. Wherever you’re going, there are important considerations to make when choosing your new downsized home.


How to find the best real estate agent

How to find the right downsized home for me

How to find a safe area to live

How to modify your new home to safely age in place


Placing your money into multiple investments is the key to a safe and reliable retirement. In addition to any retirement savings you have, your home is another way to feel secure when you stop working. That’s why it’s important to consider your home as an investment long before you enter your golden years.


Are you looking to update your blinds, window shades or shutters? Trust the experts at Mr. Blinds Gainesville to help you make the right choice and for professional installation. Call today! 352-378-3646