Moving Central Florida Homes: Downsizing, Upsizing, or ?
If “downsizing” figures large as a goal many Central Florida homeowners are seriously considering, The Washington Post is now citing a newer phenomenon that many older home buyers are discovering: “smart sizing.” It’s a cute phrase that might sound like a real estate feature writer’s invention—but the details will probably ring true for some retirement-bound adults who plan to be moving from or to Central Florida in the near future. The cut-to-the-chase definition for “smart sizing” is the recognition that retirees who automatically equate downsizing with affordability might not necessarily be accurate. Retirees usually need to transition to fixed income living, so affordability is a primary priority. But downsizing alone can overlook other needs—some of which can turn out to be equally important. The Post recounts examples of home buyers whose presumptions in moving turned out to be wide of the mark. Most convincing is a statistic from active-adult communi...