How do you know when it’s time to move into a smaller home? Some people do so for retirement, or when children leave the nest. If you’re thinking of downsizing your Boston area home, here are some questions that you can ask yourself to help determine if purchasing a smaller home is the right move:

Will I miss having more space? – Some people like having a large space to call their own, while others relish being able to spend less time cleaning the house and doing yardwork. If you’re in the latter group, a downsized home is right for you.

Can I downsize without consequences? – Nowadays, it’s common for grown children to want to come back home after college. If you want to provide a potential landing pad just in case, you may want to make sure that your retirement home has at least one extra bedroom as a fallback for family members.

Have I considered the hidden costs? – It’s important to remember that everything nowadays has hidden costs. Consider the fact that moving will cost you. You may also need to purchase new furniture to suit your smaller place, and rent a storage unit for the things that you can no longer store in your home. On the whole, however, living in a smaller home will likely save you money in the long term – and that’s what is most important.

If you have considered these questions and are ready to talk to the Massachusetts real estate experts about moving into a smaller home, just call Greater Boston Realty at 617-469-4040. We have helped many people in the Boston area downsize, and we can help you find a home that fits your needs.