Is Your Home the Right Fit? - Austin Real Estate Agent

Is Your Home the Right Fit?

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Is Your Home the Right Fit

There comes a time for any of us to either downsize or upsize. And it’s always good to know your options.

Home too big?

Has your home and yard become a lot to maintain? Do you have a big home repair on the horizon? Would you rather spend your time and money instead on things like visiting family and friends, taking that dream trip or pursuing a new hobby?

Looking to downsize?

  • ADUs (accessory dwelling units)
  • Condo or townhouse
  • Age 55+ developments
  • Shared living options

Typically, sellers 59+ moved to a smaller space.

This is an image of an older couple standing in front of a condo or apartment complex.

 

 

 

 

 

 

Or not big enough?

Has your family outgrown your current space? Maybe you need room for a home office or gym. Or the kids need a room of their own?

Looking to upsize?

  • Larger condo or townhouse
  • New home construction
  • Existing homes for sale
  • Home addition

This is an image of a happy family jumping in the air in front of a house.

 

 

 

 

 

 

Townhouse construction starts increased by 21% year-over-year in Q1 2024.

An estimated 668,000 newly constructed homes were sold in 2023 (+4.2% year-over-year).

Ready to Take the Next Step?

  1. Talk to people already living in the community you are considering. It will help you get out a true sense of the culture and vibe there. I can connect you to local sources.
  2. Research online sources for more information and reviews. Check out official town/city websites as well as various social media pages.
  3. Create a list of your “need to haves, ” “nice to haves,” and dealbreakers.” This will help you compare communities to see which ones will most likely be the best fit.

If you or someone you know is considering a move, feel free to contact me with any questions. I’m here to offer clear, concise information you can trust. If you are moving to another area I can connect you to a trusted agent in my network.

For a printable copy of this newsletter, click here.

Sources: 1. eyeonhousing.org/2024/05/a-strong-quarter-for -townhouse-construction/ 2. fanniemae.com research-and-insights/perspectives/older-homeowners-are-financially-confident-aging-place 3. redfin.com/news/baby-boomers-aging-in-place/ 4. thezebra.com/resources/home/average-length-of-homewnership/ 5. hud.gov/press/press_releases_media_advisors/hud_no_24_015

 

 

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