10 Tips for Selling your Home When Preparing to Downsize

The COVID-19 pandemic has prompted people to look at things in significantly different ways. Whether it’s valuing family more, working from home, or losing a job, COVID has altered peoples’ lives. And the real estate market is no exception. In fact, many people have realized they no longer need, or they can’t afford, the size of house they currently have. 

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Downsizing is becoming increasingly popular in different areas of life. But as anyone currently in the process of trying to downsize a house knows, it’s not as easy as it sounds. Not only do you need to move or say goodbye to years of accumulated belongings, but to downsize to a smaller home, you must first sell your current one. Here are 10 tips for selling your home when preparing to downsize.

Find your new, smaller house

To begin, you’ll need to decide where you want to live and what type of dwelling you’re looking for. For example, do you want a condo near the city centre, or a small, rural house with land? If you need to sell your house prior to purchasing your next then you can consider a “rent back” from the buyer while you prepare for your move. 

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