Downsizing 101: 5 Tips And Tricks To Make A Smaller Home Work For You

Perhaps your city or town is experiencing a surge in housing prices, or maybe your youngest has finally moved out and gotten their own place. Maybe you want to green up your lifestyle and shrink your carbon footprint. Whatever your reason for considering a smaller home, rest assured knowing that there are ways to make sure that even though you are losing some of your space, you won’t be limiting your lifestyle or comfort. Making a smaller home work for you can be as simple as following these five simple tips and tricks to downsize your belongings.

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Source: http://www.homes.com/real-estate/buying-a-...

5 Smartest Moves for Downsizing Your Home

Cash out and then land right.

Once the kids are grown up and the house is well on its way to paid off, many couples start to think about scaling back their real estate footprint. Perhaps you want to simplify your life, easing some of the hassles of home-ownership. You probably also want to convert some of your equity to cash; and you may even want to move to a different location — a resort town or a lively urban center.

Read the full article

Source: http://time.com/money/4285785/real-estate-...

5 Smartest Moves for Downsizing Your Home

Cash out and then land right.

Once the kids are grown up and the house is well on its way to paid off, many couples start to think about scaling back their real estate footprint. Perhaps you want to simplify your life, easing some of the hassles of home-ownership. You probably also want to convert some of your equity to cash; and you may even want to move to a different location — a resort town or a lively urban center.

Source: http://time.com/money/4285785/real-estate-...

Aging in Place: Home Renovations for Seniors

For many seniors, living well means living comfortably at home. As people age, however, physical challenges can make it hard to get around the house. One solution is to remodel the space to accommodate these challenges.

A major home remodel can cost thousands of dollars. But it’s often less costly than senior living alternatives. A basic unit in an assisted living facility, for example, runs about $43,000 a year, according to the latest Cost of Care survey from Genworth Financial.

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Source: https://www.nerdwallet.com/blog/mortgages/...

Aging-in-place options most popular with baby boomers

We are getting older. Without a doubt, the population of Americans 65 and older will continue to rise.

According to the U.S. Census Bureau, the population of Americans in that group will rise from 35 million people in 2000 to more than 73 million in 2030. Does this population need to consider a type of home specifically targeted to them?

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Source: https://www.washingtonpost.com/news/where-...