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Benefits of Downsizing: Sell Your House and Start Living

It seems like families either have too much space or not enough. When couples who plan on starting a family buys a house, they look for one with a couple additional bedrooms for the kids, but until they actually have kids, there’s just too much space. And then, as kids arrive and grow, the house slowly gets smaller and smaller and homeowners may wish that they had got the house with the fourth bedroom. And when that day finally comes for the now grownup kids to move out and start a life of their own, the house goes back to being too big for just two people.

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If you’re at the point in life when retirement is nearing, the kids are moving out or have been gone for years already, and the idea of downsizing has been coming up more frequently, Legacy Investment Group can make the process of moving to a smaller home easier and faster. We understand that moving out of the home you’ve lived in for decades can be an emotional process, that it can be hard to say goodbye to all of those memories. However, there are some surprising benefits to downsizing! Believe us, there are still things that you can look forward to!

At Legacy Investment Group, we buy houses throughout the Baltimore and Anne Arundel County area. Because we are an investment company, there aren’t any annoying real estate fees, commissions, or home inspections. We want to help you sell your house fast so that you can start this new empty nest life. So if you’re still unsure about whether or not to downsize, here are some of the biggest reasons to sell your house.

Smaller is Actually Better

With kids around, you had someone to assign chores to, such as doing the dishes, sweeping the floors, and cleaning the bathrooms. Now that the kids are gone, the chores are left to you, and there are a lot of them. And actually, many Americans say that they would enjoy living in a smaller home. Since 1978, the average square footage of a home has gone from 1750 to 2745. It’s a fact, Americans do love having extra space, but that doesn’t mean it’s better! Smaller homes cost less, there is less to manage, and it means there’s more of an urgency to keep things cleaner and more tidy, so that you can simply enjoy the house itself, instead of cleaning it.

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Save Money

It is safe to say that one of the biggest challenges of downsizing is trying to fit all of your belongings that once fit into a four bedroom house into a two bedroom house. But the good news is that having less space means that you either need to get rid of stuff or put it into storage. So the option is to spend money on things you never used in the first place, or to sell the things and make some money in the downsizing process. The two extra bed frames, dressers, mirrors, couches, bookcases — have a garage sale or put them up on Craigslist and now you can move into your new home with a weight off of your shoulders, and some money in your pocket.

Simplify

Being a parent means that you have little time, if any, for yourself. Imagine not having to mow the lawn, clean the gutters, or dust every day — what would you do with the extra time you’re saving? When we buy houses, the downsizing homeowner often decides to purchase a condo or townhome that includes an HOA. Even though Home Owners Associations get a bad rap, there are significant benefits to them, including not having to worry about landscaping.

Travel

After selling your house and moving into a smaller, less expensive home, there’s a good chance that you’ll have some additional funds from the sale — not to mention the extra money you’ll be saving on a smaller or even nonexistent mortgage. Have you ever wanted to see Europe? Spit off the Golden Gate Bridge? Walk on the Great Wall of China? Now is your time!

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Smaller Footprint

A smaller home means less space to heat in the winter and cool in the summer; with fewer people living in the home, you can also enjoy a lower water bill and you’ll use less electricity. With a focus that is shifting toward being as environmentally friendly as possible, these are all wonderful changes. And lower utility bills means you’ll have even more money for travel or entertainment.

A New Lifestyle

Have you ever wanted to live in a downtown area but either didn’t have the space or the money? Downtown lifestyles let you explore different restaurants, culture, and nightlife. And you don’t need to worry about having to find a babysitter.

So, now that you have decided to sell your house and make the official transition to a life without kids living at home, it’s time to decide how you want to sell your house.

The traditional route is using a real estate agent, but as we said above, working with an investment company like Legacy Investment Group can save you the hassle of fees and commissions that come with working with a realtor. We buy houses so that the process of moving and downsizing is fast and efficient. All you need to do is contact our team, we’ll take a look at the house, and if it meets our criteria, we’ll make you a risk-free, no obligation cash offer for your home. And another benefit is that you can sell your house fast! You don’t need to spend time preparing the house for showings, waiting for offers to come in, waiting for the home inspection, or waiting for closing. If you’re in a hurry, we can buy your house in as little as three days! Whatever condition the home is in, however old it is, no matter where it is located in Baltimore, we want to buy your house.

Want to learn more about how we buy houses so that you can start your new downsized life? Contact Legacy Investment Group today.