The Challenges of Downsizing
It’ll Be Worth it, Assuming I Survive
I’ve been wanted to move to a smaller house since my husband died twelve years ago. He’s gone, my kids are grown, and it’s just me and a whole lot of stuff we’ve accumulated over the decades.
For years now, I’ve thought about it. I’ve researched various aspects including buying vs. renting, house vs. condo/townhome/apartment, interest rates, closing costs, and a million other things. My current house isn’t paid off completely, but I don’t owe a lot more on it, so I’ll have a sizeable down payment for the new one, which is the only way I can afford to buy something else. Honestly, I don’t know how anyone breaks into buying a home anymore! I feel so sorry for the younger generations.
Speaking of our descendants, I hear a lot of griping on their part about how we boomers are taking up all the family sized homes, and we should get out of them and turn them over to younger families who need the room. Here’s the thing, guys, there aren’t many choices out there for those who want or need to do that. The house I’m selling is nearly 2000 square feet, three beds/2 baths, a big yard and plenty big enough for a family. I don’t need the space, and I don’t want the upkeep anymore, but it’s not as easy as you might think to change homes.