As you near retirement age, you might begin to think about what you want to do, where you’re going to live, and other changes that could occur. If you’re considering selling your home, then the experts at Coldwell Banker Preferred, Realtors® in Bakersfield are here to help.
You might be thinking about downsizing once you retire. After all, the kids are all grown and out of the house, and you may not be planning on being home too often. You’re going to be seeing the world and traveling to visit family, so why should a big house sit unoccupied?
What’s Your House Worth?
The first question that likely comes to mind when you want to sell your home is “How much is my house worth?” You know what you paid for it when you bought it, and you may have kept up with property value increases over the years. However, you may not know exactly what the house is worth, and the best way to find out is to have it professionally appraised.
Our team is here to help you, and in a short period of time, you’ll have the fair market value of your home. We can then sit down with you and decide what your asking price should be when you’re ready to put your home on the market.
What House Will You Buy?
When we talk about downsizing, we don’t necessarily mean moving from a four- or five-bedroom house to a one-bedroom house or a studio apartment. You want to be comfortable during retirement, and you’ll likely still need a guest room for friends and family who come to visit.
If you’re thinking that you need a two- to three-bedroom house, then we can narrow down your selection by showing you what we have in our listings. You’ll also want to consider how big of a living room you’ll need, and whether you want an eat-in kitchen or a house with a formal dining room.
Getting Ready to Move
You might be planning to move as soon as you retire, and downsizing often means getting rid of some things that you’ve held onto for many years. If your new house can’t accommodate the large sofa you’ve had for a long time, then it can be a good idea to get rid of that one and find some new furniture for your new home.
You can also increase the size of certain areas by choosing a home with a bigger garage or a bigger backyard. If one of your retirement projects includes fixing up a classic car, then you’ll want to have the garage space for your new ride. With a bigger yard, you can entertain friends and family and become the most popular house in the neighborhood with your barbecues or pool parties.
At Coldwell Banker Preferred, Realtors®, we know that retirement can bring about a lot of changes. If you’re considering moving to a smaller home, or simply a different home, after you retire, then let us help you navigate that change.