One of the new buzz words in real estate is “rightsizing”. Rightsizing is about finding the right size home for where you are in your life – people are searching for the perfect space for their needs. This concept not only applies to your search for personal space, it’s also a concept that is being applied to building and city planning. With an aging population, increasing density and a greater emphasis on lifestyle, the switch in thinking from “more space” to “the right space” makes a lot of sense.
Rightsizing is often brought on by a life transition and the accompanying awareness that you have grown out of your current situation – your home just doesn’t “fit” you any longer. There are many things that may trigger this awareness: your last child has left the house, you’ve been laid off or you’ve recently undergone a divorce or the death of a partner. Maybe you’re retiring, want to get control over your rising debt, or an injury or illness makes it just too difficult to tackle the stairs everyday. Whatever the motivation, you’ve realized that it’s time to find a home...
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