So, it’s your job to really consider what you need in your next home, and then write those non-negotiable items down.
FIGURE OUT WHAT YOU WANT
After you’ve established what your needs are, and put them down on paper, it’s time to think about what you want. You might have a hard time thinking of what you might want—rather than what you need—when picturing your next home. How do you know what’s a want, not a need? One way is to think of wants or desires as features that make the home more attractive or enjoyable. But everyone is different, and this is important to keep in mind when you’re creating your list of needs and wants.
Points to Remember:
When downsizing, whether you’re considering a smaller house, townhouse or condo, start by envisioning the lifestyle you want in your next home. From there, make a clear distinction between your needs—the non-negotiables essential to your daily life—and your wants—the features that would be nice to have but aren’t deal-breakers. Understanding this difference helps focus your search, simplifies decision-making, and ensures your next home truly fits this new stage of your life.
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