Thinking about retirement or already retired? You might be wondering if your current home still suits your lifestyle for this new phase. Moving could be the perfect step forward, and here’s why.
Assessing Your Current Home
Consider how long you’ve been in your current house. In the past, homeowners tended to move every six years, but nowadays, people are staying in their homes longer. During this time, life brings changes, and your needs might evolve. If your home isn’t meeting these new requirements, it could be time for a change.
Your Home’s Value
Living in your home for several years likely means you’ve built up significant equity. As property values tend to rise over time, the longer you’ve owned your home, the more its value has likely grown. On average, homeowners who’ve lived in their homes for five years have seen a 60% increase in value, while those who’ve owned since 1991 have seen their home’s worth more than triple. To see what your home’s value might be today, check out this link for an estimate.
Aligning with Retirement Goals
Your home equity could be pivotal in achieving your retirement aspirations, whether it’s downsizing, relocating to your dream spot, or being closer to family. Recent data shows that many people sell their homes primarily to move closer to loved ones.
Partnering with Steve and Sandra
Discuss your goals with us, we can assist in selling your current home and finding a new one that suits your current lifestyle. Retirement often signals a shift in your housing needs, and having professional guidance can streamline this transition. Retirement brings significant life changes, including what you need from your home. Let’s explore the available homes in our area together and find the one that aligns perfectly with your new chapter in life.
