How Downsizing Your Home Can Upgrade Your Life

May 7, 2021

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If the COVID-19 taught us anything, it’s to appreciate the simple things of life. As millions of Americans have adjusted to a more simplified lifestyle, the notion that ‘less is more’ resonates more than ever before. Downsizing could be exactly what you need to maximize your life. 

 

“Many people downsize once they become empty nesters. Once their children have left the nest, homeowners begin to desire lightening their load,” shares Davidson Realty Realtor ®, Rebecca Schaffer

 

Perhaps the most obvious advantages of downsizing are financial. Selling your property with the intention of buying something smaller often means you have more money to afford upgrades in your new home that matter most to you.  But the savings don’t stop there. With less square feet under your roof, you’ll likely be spending less on your mortgage payment, utilities, and maintenance on your home. That extra cash in your pocket each month can help you go on vacations or have other experiences that will make lasting memories. 

 

Less house equals less upkeep. The time you would have spent cleaning and maintaining your home will now be cut significantly. Decreasing your space also means decreasing your belongings. Prior to your move, sort through items and only keep your more treasured pieces. A weight will be lifted off your shoulders as you say goodbye to the clutter and unused stuff that has occupied your space. Donate any items you are no longer keeping to those in need. A few of our favorite places to donate clothes and home goods are: Goodwill, BEAM Thrift, and Hope’s Closet

 

With less to worry about inside your home, the more time you can spend outside of your home. Spend your newfound free time to take up a new hobby, travel, and socialize with old and new friends. Northeast Florida is the perfect place to truly relax and live your best life. “Many downsizing buyers are taking advantage of Northeast Florida’s fifty-five and older communities for an active and social lifestyle. While others are opting for the beaches for a leisurely pace,” shares Davidson Realty Realtor ® Shelley Nemethy

 

From the beaches to the historic neighborhoods, there is something for everyone to enjoy. If you are interested in maximizing your life by minimizing your home, call the Northeast Florida real estate experts at Davidson Realty at (904) 940-5000.

Are you retirement ready? Consider your options!

April 10, 2019

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Are you prepared for retirement? There are several ways to help ensure you are ready for that next chapter in your life, either through a 401k, established savings plan, or real estate.

 

401k planning: To be prepared to live your best life in your golden years, start investing as much as you can, as early as you can.  This means putting a little away for retirement and letting compound interest work in your favor. If your employer offers a traditional 401k, you can contribute a little extra money to it every month without feeling a huge hit to your monthly budget.

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Are you retired (or close to it) and wondering where to go?

March 20, 2019

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If you are retired or nearing retirement and considering your next move, an active adult community may be a great option for you. So, what do you look for when purchasing your active adult community home? Do you understand the costs associated with a 55+ community?
 
Many active adults move to downsize, relocate closer to grandchildren, find security, improve their transportation situation, or join a community with like-minded adults. 
 

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10 Reasons Boomers Like Me Choose to Live in North Florida

December 23, 2010

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Posted by in Retirement

There’s good reason that Florida’s population continues to grow, by as many as 800 each day. In fact here are 10 reasons Florida, and especially the North Florida region, is a great choice for retirement.

1. North Florida is less crowded and less congested than South Florida.

2. Cost of living:  Florida has no state income tax, and in general our cost of goods is on par or lower than many other metro areas, as is our property taxes. 

3. Real estate prices are at an all time low.  There are great “deals” to be had right now – our World Golf Village and surrounding St. Augustine and Jacksonville markets are “on sale” for now but probably not too much longer.

4. We are packed with recreational amenities, including numerous golf courses (my personal favorite is the King & Bear at World Golf Village, but the TPC at Sawgrass is another standout); boating and fishing opportunities thanks to one of the largest rivers in North America, the St. Johns River, several lakes, creeks and of course the Atlantic Ocean; and home to the Jacksonville Jaguars NFL team.

5. Our top-notch medical facilities include the Mayo Clinic as well as teaching hospitals at UF Shands.  Some of the best & brightest are involved in the healthcare system in and around Jacksonville & St Augustine.

6. Several 55+ communities offer an active retired lifestyle here, whether you’re looking for a condo or single family home.  One well-located and affordably priced option is The Cascades in World Golf Village. Read more

Davidson Realty