Top 5 Reasons for Downsizing Home in Glasgow

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Text or Call 07782 473350 Nick.Asher@KWUK.COM

If you are approaching retirement age, chances are you are considering whether or not to downsize your home. Many retired couples want to hold onto their homes for nostalgic purposes without realising that it may be in their best interest to downsize instead.

There are many benefits to downsizing your home after retiring.

Maintenance, Upkeep, and Repair

Downsizing means having less to take care of, repair, maintain, and upkeep. As you head toward retirement age, you also head toward another season in your life ñ one where you obviously age.

As you age, your body changes. Whether or not you want to admit it, you are not able to do as many things as you did before and not as quickly. The possibility for injury exists in this scenario, as well.

Sometimes older folks will experience ringing in the ears or dizziness, and the last place you want to place yourself is on top of a ladder fixing something or changing a light bulb.

Financial Benefits

Having less to repair, maintain, upkeep, and fix means putting more money into your pocket. It stands to reason that if you are spending time fixing things, you are also spending money.

Owning a home means having to have extensive homeowners insurance, paying taxes, and possibly having a second mortgage. By downsizing, you diminish many of those things to a fraction of the cost of owning a home.

By eliminating the expenses of homeownership, you also save money on a monthly basis.

Freedom

Downsizing offers you the freedom to come and go as you please. Often times neighbours will be more than willing and able to watch your place, care for your pets, and gather your mail while you travel. Bartering to return the favour is a great way to have your pet cared for while you are away, and will save you money as well.

Knowing that snow, grass and systems are taken care of when you are away is a great way to just pick up and go on a spontaneous travel adventure without a whole lot to worry about.

So, as you can see, downsizing is a great way to save money, have less responsibility, and enjoy more freedom than ever before. when retiring and downsizing your house in East Kilbride, Glasgow.