Downsizing Doesn’t Have to Mean Compromising


Downsizing Doesn’t Have to Mean Compromising
Gary Kelley, Realtor –
[email protected]

By Gary Kelley, Realtor


Looking at empty bedrooms, heating a big unused house, and constantly maintaining a yard in New England’s harsh seasons can be burdensome. Many families make the decision to trade these troubles for a smaller, more manageable home. Downsizing is a reward for years of hard work and can transform lives. When it comes to moving, there are several factors to consider.

When considering a new home, it is important to think about what your life will look like in the future. What would be the best layout? The best plan for maintenance? While moving is emotional, my team works to help people focus on their hopes and dreams are for the future, so we can create a plan helping them reach their dreams, rather than staying stuck in the past.

Letting go of the past can be difficult, and change is exciting when focusing on accomplishing lifelong dreams. Many parents want to maintain a space their kids can continue to come home to. This doesn’t mean families must maintain the same home or amount of space. Children may return home for short periods of time and having a space for them to return to could take shape in several ways. A new, smaller home can function better from day to day and, with a bit of creativity, can also host family members.

One of the questions I am most frequently asked about when it comes to downsizing is, “Should I buy or sell first?” The simple answer is this depends on each individual person, and there isn’t a “right” answer to this question. Markets fluctuate, and changes happen quickly.

Buying and selling a home requires careful consideration when it comes to finances. When downsizing, families must decide if they are going to pay for their new home with cash or to use a mortgage. People need to think about their future income stream, their 401K and pension plans. Using a financial advisor to help make this big decision is valuable, because each individual needs to consider their options based on their situation.

Another thing some of my clients find helpful is renting. After they sell their big house, a family might choose to rent a smaller home or condominium. While renting, families have the chance to check out a neighborhood or new home, and to take their time in deciding about the best fit for their new lifestyle.

The bottom line is downsizing can help a family to live out their dreams, without the financial or physical burden of a big home. Planning the move, finances and timing of downsizing are important when considering this life change. My team and I want to help you and your family to live your dreams, in your new home. Your dreams should be your reality.

My team and I are experts at helping families analyze decisions when it comes to downsizing, and to focus on the positive outcomes downsizing brings to a family.


Kelley is a member of the Rotary Club of Westborough and is an award-winning Realtor. 

He invites you to follow him on Facebook at

[email protected]


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