In the past, it was typically protocol for adult children to move out of the house and and make your home an empty nest. Now, however, it isn’t at all uncommon for adult children – and possibly even their kids – to move back into the proverbial nest.
So, if you have children who are grown, and you’ve been considering making a move to smaller quarters, how do you know when the best time is to officially become an empty nester?
The answer is, it depends.
For instance, even though it might initially make sense to rid yourself of extra room by downsizing, there are some important questions that you should ask yourself, such as:
- If you have owned your current home for many years, will it really be cheaper to purchase a new residence?
- How will moving to a new home impact your overall living expenses – either positively or negatively? (Here, be sure to factor in the cost of utilities and maintenance, as well as a possible mortgage on your new abode).
- How much room do you really need for yourself, your possessions – and possibly the return of a child (and grandchildren)?
If it does make sense for you to sell your home and move to a more manageable space, you will also need to decide whether to remain in the same locale, or move to another area altogether.
Are you considering making a move to a smaller “nest?” If so, Contact Us. We can help you to find the ideal place to call home in your desired location. We will also provide you with all of the information that you need regarding how to prepare your home for sale, as well as how much you should ask on your initial list price.