I am 3 - 4 yrs from potential FIRE and like many, want to downsize from the big house, but right now, that's about all I feel somewhat sure about. In a perfect world, I would like to sell my basement, 1/2 my yard, my pool, and a couple of bedrooms/bathrooms, but that unfortunately won't work. Cutting my total SF in 1/2 with a smaller yard will save me time & $. I realize making this type of decision is very personal and I still have some time to figure it out which basically means, what I think I want to do today, may change in a few yrs. So here is what I THINK I want/not want to do as of today...
- move to a smaller house, say 3K - 3.5K SF, master on the main, small, private yard... Hopefully cut my maintenance/utility costs significantly
- stay in my generally area close to family, friends (4 kids who will all be out of college by then and wife has big family nearby)
- I'm not a move to FL guy, 2 house guy (I think unless 1 is a condo), live in a high rise guy.
So my question is this... Do you feel like you made the right decision when you made your RE housing change? What steps did you take before to help confirm your plan? Any regrets looking back, anything you might have done differently?
Again, I know it's personal, but it's a big decision especially when you are making a decision to sell the "family" home.
- move to a smaller house, say 3K - 3.5K SF, master on the main, small, private yard... Hopefully cut my maintenance/utility costs significantly
- stay in my generally area close to family, friends (4 kids who will all be out of college by then and wife has big family nearby)
- I'm not a move to FL guy, 2 house guy (I think unless 1 is a condo), live in a high rise guy.
So my question is this... Do you feel like you made the right decision when you made your RE housing change? What steps did you take before to help confirm your plan? Any regrets looking back, anything you might have done differently?
Again, I know it's personal, but it's a big decision especially when you are making a decision to sell the "family" home.