Thinking About Downsizing? Know These Numbers Before You Move

Thinking about selling the family home and downsizing? Before you assume a smaller home means you'll walk away with a large amount of extra cash, there are some important numbers to work through first. Downsizing isn't just about buying a smaller house. Maybe your goal is fewer stairs, a smaller yard, lower monthly expenses, less money tied up in your home, or being closer to family. Knowing what you want this move to accomplish should come first. In this video, I cover: 🏡 How to determine what you want from your next home 📦 Preparing to leave a home filled with memories 💰 Calculating what you'll actually walk away with after selling 📊 Why a smaller home doesn't always mean a cheaper home 💵 Potential savings on utilities, taxes, maintenance, and lawn care 🏦 What to consider doing with money left over after the move 🔑 Options for buying your next home while selling your current one I also walk through a real-world example of selling a $500,000 home and show how selling expenses, your mortgage payoff, the cost of your next home, and moving expenses can affect what you actually have left over. The goal of downsizing isn't simply to own fewer square feet. It's to get you closer to the life you want to live. If you're considering downsizing in Evansville, Newburgh, or anywhere in Southwest Indiana in the next 6–12 months, I'd be happy to help you work through the numbers and your options. 📞 Call or text Trae Dauby: 812-777-4611 🌐 DaubyRealEstate.com #Downsizing #EvansvilleRealEstate #NewburghIndiana #SouthwestIndianaRealEstate #DaubyRealEstate