The Benefits of Downsizing to a Smaller Home
Posted by Terry Paranych on
When it comes to homeownership, bigger isn’t always better. Especially when you find yourself spending more time physically (and financially) maintaining your home than enjoying it. If you’ve been thinking about downsizing to a smaller home better suited to your needs, here are six benefits to look forward to.
1. Significant Savings
Larger homes don’t just come with larger mortgage payments. T
hey also cost more to heat, cool and maintain. One of the biggest benefits of making the move to a smaller property is savings as a result reduced of utility bills, property taxes and insurance premiums. In short, you’ll have more to put towards your retirement fund, existing debt and mortgage loan (with the added advantage of becoming mortgage-free…
515 Views, 0 Comments