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Home selling strategies for downsizing seniors - 5/29/2024

Downsizing can be a significant life transition for any age person, but especially for seniors who may have lived in this last home for some time. Follow these suggestions to make the downsizing process smoother and less stressful.

  • Start Early: Begin the downsizing process well in advance of your planned move. Give yourself plenty of time to make decisions and avoid feeling rushed.
  • Assess Your Needs: Evaluate your current and future needs in terms of space, accessibility, and location. Consider factors like health, mobility, and proximity to family and healthcare facilities.
  • Create a Plan: Develop a comprehensive downsizing plan that outlines your goals, priorities, and a timeline for each task. Having a plan will keep you organized and focused.
  • Declutter: Go through your belongings room by room and decide what to keep, donate, sell, or discard. Be realistic about what you truly need and use regularly.
  • Seek Professional Help: Consider hiring a professional organizer, downsizing specialist, or real estate agent experienced in working with seniors. They can offer guidance and support throughout the process.
  • Embrace Technology: Digitize important documents and photographs to reduce paper clutter. Consider using digital tools to keep track of your possessions.
  • Measure Your New Space: Obtain floor plans or measurements of your new home to ensure your furniture and belongings will fit comfortably. This can help you decide what to bring and what to leave behind.
  • Prioritize Sentimental Items: While downsizing often involves letting go of sentimental possessions, choose a few cherished items to keep and display in your new space. Consider passing down heirlooms to family members.
  • Hold an Estate Sale or Auction: If you have valuable items that you no longer need, consider selling them through an estate sale or auction to help fund your downsizing efforts.
  • Stay Positive: Downsizing can be emotionally challenging, but it also offers the opportunity for a fresh start and simplified living. Focus on the benefits of your new home and lifestyle.

Remember that downsizing is a personal journey, and it's essential to approach it with patience and a positive mindset. Don't hesitate to seek support from family and friends, and don't be too hard on yourself during this process.

For more information download our guide Downsizing Your Home.

Eva Sanders and Temara Presley Principal Brokers, CRS John L Scott Real Estate Portland, OR (503) 705-2546 Eva Sanders and Temara Presley are licensed in OR and WA. Contact Me Visit my Website Send a Referral Subscribe to Newsletter