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Home/Real Estate News/Retirement/Is It Time To Downsize?

Is It Time To Downsize?

Life events have a major impact on what you need from your home. 

For many of us, retirement is around the corner, woohoo! Or maybe you’re already there, lucky you! Retirement is a major life change that often causes us to stop and reflect on our current and future home needs. 

downsize sanibel

Retiring on Sanibel

Retirement is one of the biggest reasons people choose to relocate or purchase a second home on Sanibel Island. Depending on your situation, a smaller home might be the best option for your retirement lifestyle. 

A recent article from The Balance talks about why downsizing homes could be a great option, saying:

“There are many reasons to buy a smaller home—or to downsize from your present home—but sometimes, the idea that “less is more” is what propels homeowners to buy a smaller home.”

Less Is More

When you downsize homes, you often free up time that would otherwise be dedicated to cleaning and maintaining a larger home. More free time = more time enjoying your favorite Southwest Florida activities, like beach-combing!

Should You Downsize?

Here are a few situations where buying a smaller home would be a great option. If you,

  • Own two homes and split your time between them
  • Wish to retire early and need cost savings
  • Cannot maintain a larger home yourself, and/or don’t desire to pay for someone to maintain it
  • Would like to reduce your belongs and simply live with less “stuff” (I’m guilty – click here to read my blog on this)

Our blog, “Don’t Rule Out 1-Bedroom Condos” mentions the benefits of being able to rent smaller condo units when you are not using them for yourself. This could be a great option for retirement as well!

2777 W Gulf Drive 109

Downsize Your Sanibel Home

Maybe you already own a home on Sanibel or Captiva and are looking to downsize or relocate altogether. There are a number of long-time island residents that have made this decision following the damage and destruction of Hurricane Ian. Know that we are here to help!

Susan and I have lived on Sanibel for over a decade and have been through many ups and downs ourselves. Our team of agents has years of experience helping our clients find unique solutions that best fit their lifestyle changes and home needs. We’re especially familiar with retirement moves and downsizing! 

Please don’t hesitate to reach out with your real estate questions or to discuss what options best suit your current and future lifestyle – 239-472-1950 or team@mccallionrealty.com. 

Written by: Jim McCallion

Filed Under: Retirement

About Jim McCallion

Meet the "Marketing Megaphone" and Webmaster behind McCallion & McCallion. After selling his software company, Jim, Susan and kids moved to Sanibel in 2008. With his tech experience, he and Susan bring a fresh approach to island real estate.

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1640 Periwinkle Way, Suite 1
Sanibel Island, Florida 33957
(239) 472-1950

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