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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J. Kent Erickson

J. Kent Erickson

208.447.7848

kent@jkenterickson.com

A Real Estate Professional With Stellar Property Assessment, Marketing and Negotiation Skills, Kent works closely with his clients to help them find their ideal dream home. His wealth of business and real estate experience provides assurance and peace of mind to clients as they navigate the complicated sales process. They trust him to have the knowledge needed to make good decisions during their transaction.

Quite simply, he is trusted. With a reputation for tenaciously protecting his clients’ interests, Kent’s savvy negotiations and cutting edge marketing strategies join uncompromising integrity as the hallmarks of Kent’s service. Kent is exceptionally well-respected not only for his unparalleled professional track record and high ethical standards but for being an honest, hard-working family man who does absolutely everything in his power to ensure his client’s success.

Visionary. As a licensed Broker and REALTOR®, Kent uses his experience and foresight to proactively address details before they become a problem. He helps his clients see properties in a visionary light of past, present and future potential and value. Kent initiates communication in every phase of the transaction, and handles every minute detail from the first phone call all the way through to the closing table.

J. Kent Erickson Real Estate