When the kids have moved out, or even just your flatmates, and you're left with a lot of room in your existing home, it can feel very lonely. There's all of this extra space that you haven't experienced before, and it just makes everything about your place seem too big.
You might have been holding onto a larger home because you were keeping a room for each of your kids, but now that they've moved out and started their lives elsewhere, it could be a waste of money. In the current Australian property market, selling your large property and downsizing into a brand-new home design from G.J. Gardner Homes will put money in your back pocket while helping to cut down the amount of empty space around you.
You can use any extra cash to have a holiday with all of your loved ones as well!
Plus, when you've sold your existing home and designed your own option, you can use that extra cash to have a holiday with all of your loved ones!
Bigger isn't always better
It can be daunting living in an enormous home all by yourself, or even in a six-bedroom place with only two people - it can also be very expensive having to pay rates for a home that size while it isn't even being used to its full potential.
Building a new home will allow you to customise everything to your liking, just the way you've always dreamed about. If you only use one bedroom but still want a spare, then a two-bedroom home will be a great option. No longer will you have to clean six entire bedrooms! Domain Group also reports that downsizing can also make inner-city living more accessible, as the need for smaller plots of land becomes more prevalent.
A study from the Australian Housing and Urban Research Institute (AHURI) found that 43 per cent of people who took part in a survey about relocations had actually downsized. These people saw the value of being in a smaller home, and it might have even opened the door up to owning a holiday home in their dream location as well. With a bit of extra money from the sale of your old home and after building with G.J. Gardner Homes, you might just be inspired to build a beach home as well!
If you've been thinking about downsizing for a while now but didn't know where to start, giving the team at G.J. Gardner Homes a call to discuss your options is a great start.