In order to downsize your home, you'll have to sell it and move somewhere new. There are costs associated with this, some more obvious than others. When deciding if downsizing is the right choice for you, it's important to consider all the downsizing costs you may have to deal with. Going over the costs may further convince you that downsizing is the answer, it may make you tweak your plans, or it may make you decide to stay where you are. It's better to discover potential obstacles before jumping into the move.
Repairing or Updating the Home
Often, before someone sells a home, they want to or need to have repairs or updates done on the home to get a greater price for...