There are all sorts of reasons that Montgomery County empty nesters might want to downsize. Maybe you’re sick of the yard work in your current home. Maybe you’d like to have a single-story home or at least have a master bedroom on the first story. Many empty nesters looking to buy Montgomery County real estate aren’t looking for a smaller house as much as a new configuration. Grandparents may want space to have their kids and grandkids visit.
It’s important to look at your budget and how your financial situation might change after you retire. Does it make sense to sell your current house and buy something smaller or more conveniently located? Or is remodeling your current place a better idea? It’s always a good plan to contact an experienced real estate agent to get a clear idea of what the market is doing. Find out how much your current home will sell for and what a mortgage payment on a new place will be.
If you would like a smaller space, it’s necessary to consider what a house needs to be able to stay comfortable as you age. Location is another important consideration for Montgomery County empty nesters. Do you want to be able to take in a game or a concert in the city? Do you want a quiet small town that’s a reasonable driving distance from shopping?
Decide on what really matters to you in a new home and speak with an agent to determine if the time is right for you to buy a new house.