The average single-family home live in at approximately 2,700 square feet, according to the newest Census data. You may believe that’s not large enough but until you go back at history. In 1950, the average home area was no greater than 1,000 square feet! And families were larger back then with 6 to 7 people in a household. By those criteria, today’s landowners are living in a mansion!
Downgrading to a smaller home may feel like a step down, but a closer look reveals it has a lot of positives:
- A smaller home means less space, but it also means less time, stress and money spent on upkeep.
- Shrinking your square footage might mean your family has to gather around one TV at night instead of spreading out across three or four different rooms.
- Reduce your mortgage by $500 a month and put that cash toward other financial goals.
- You can have more money to pay your debts or have more money for retirement funds.
Sell And Downsize Your Home Today! Fill out the form below and get a cash offer in 24 hours. No Obligations, 100% Free!