Downsize Your Home to Upsize Your Life!

You may have purchased your Portland house decades ago, with a sales price under (or well under) $50,000 and a mortgage rate in the 7-10% range. The average payment in 1970 for a 30-year fixed rate on a $15,000 house was approximately $126.88. 

Times certainly have changed, and your home has appreciated a great deal. You may keep up with the housing situation in Portland, and, if so, you know that we are a vibrant and desirable community to live in and relocate to.However, we need more housing.  So this  is a good time to consider selling your valuable asset to fully enjoy the benefits of your investment. 

As we age, our needs and priorities change, often making the homes we've cherished for decades less suited to our current lifestyles. If you're over 65 and have lived in your Portland home for more than 20 years, this might just be the perfect time to consider downsizing. The current real estate market in the Portland metropolitan area offers a unique opportunity to maximize the return on your long-term investment while enhancing your quality of life.

The Portland housing market is thriving. Home values have steadily increased over the past few years, making it an opportune moment to sell. By selling now or sometime in the near future, you’re ensuring that you get the best possible price for your home. A smaller, more manageable home can reduce your living expenses and free up equity that can be used to bolster your retirement savings or fund new adventures.

Secondly, a smaller home often means less maintenance. Large homes require significant upkeep, from regular cleaning and management to costly repairs. Downsizing to a smaller property, condo, or even a retirement community can reduce these burdens, giving you more time to enjoy your hobbies, travel, or spend time with loved ones. Modern, smaller homes are designed with efficiency and ease of maintenance in mind, allowing you to enjoy your retirement years without the hassle of constant home maintenance.

When considering downsizing, it's crucial to bring your home to market with a professional realtor. An experienced realtor understands the nuances of the Portland market and can help you navigate the entire selling process. Given the opportunity to discuss your current situation and goals, I can provide valuable insights into prepping the property for the market, pricing, marketing strategies, and negotiating offers ensuring that you get the best possible return on your investment. My job is to handle the complexities of the sale, reducing your stress and, therefore, allowing you to focus on your next chapter. I’d love the opportunity to tell you more about the process and how I can make it as enjoyable for you as possible. 

Downsizing offers numerous benefits for seniors over 65 in the Portland metropolitan area. It’s a chance to maximize your investment, reduce maintenance, enhance your lifestyle, and simplify your living situation. Consider the possibilities, and when you’re ready, fill out the brief Seller Questionnaire at the bottom of this page or give me a call!