The Benefits of Right Sizing
With the end of the school year on the horizon, you’re probably thinking about what the new atmosphere around your house will be. Maybe your youngest child is about to graduate from high school and head off to college, or they are finishing up their degree and ready to start the next chapter of their lives—additionally, maybe you’re simply looking for a more manageable home to live in. Luckily, now is the perfect time to think about right-sizing your home. Mungo Homes has helped thousands of homeowners at various stages of life find new places to live in the most desirable locations throughout North Carolina, South Carolina, Georgia and Virginia, and we’re ready to help you start the right-sizing journey.
The idea of leaving the home you spent so much time in as a family can be difficult, but you don’t have to think of this change in your life as a sad or negative one—it can actually be an incredibly exciting first step into this new chapter of your family’s life.
There are plenty of unique opportunities that come along with right sizing. Find a home in the city you’ve been dreaming of living in for years, or even in a new part of town. Move into a new-construction home for perhaps the very first time—complete with all of the upgrades, features and functionality that an older home can’t quite deliver on. Lastly, get the bonus rooms, open-concept floor plan or breathtaking kitchen you’ve always wanted.
Although other members of your family might be sad to see the old home go, they’ll be thrilled to spend summer, long weekends or holidays with you in a new place.
Low supply, high demand and shortage of materials has driven up the prices of homes over the past two years—but homeowners are the ones reaping the benefit when it comes to right sizing. Prospective buyers will be competing for your current home with over-asking offers, cash offers, flexible move-out dates and more. You may be able to earn more than you think on the house you live in now, making your purchase of a smaller, newer home that much easier.
Right sizing into a new-construction home will also help you save money in the long run. New homes are built with superior construction techniques and materials that are more energy efficient than older homes. Features like tankless water heaters, air barriers, air sealing and advanced framing help Mungo homeowners save on their monthly energy bills.
Mungo Homes have the features many homeowners are looking for, as well as trendy-yet-timeless finishes and color palettes—requiring little to no work upon moving in. New-construction homes also require significantly less maintenance than older homes and are backed by a superior home warranty.
Additionally, purchasing a smaller home will help you save big on your mortgage—and with the help of selling your existing home for a top-dollar price, you may even find yourself mortgage-free for the first time in decades.
Love your home
Right sizing is an exciting step to take after children leave the nest or you’re ready for the next phase of your life. Take this time as an opportunity to start fresh, save money and find a home you love in the location you’ve been dreaming of. Mungo Homes has delivered exceptional homes to residents of the Southeast since 1954, and we can help kick off your journey to right sizing—contact us today.