Access your real estate portfolio

Selling your home is an effective way of transforming one of your assets into capital, which can then be used to cover your family's needs. Whatever your objective, be aware that in some cases, exchanging a suburban split-level home for a condo in the heart of downtown doesn't necessarily mean you'll make a significant financial profit. Especially since property prices have been rising steadily since the pandemic. That's why, before making such a decision, it's best to consult a real estate broker to find out the value of your property, those on the current market and those you're considering. I'd be delighted to present you with a complete analysis of your property and those in the area, to ensure that your objectives are met!

Travel more, mow less

One of the main features that attracts homeowners to townhouses and condos is the convenience of low maintenance. Less living space means less time spent cleaning. Of course, you'll still have to do the laundry, but being able to permanently forget about exterior maintenance chores may be just the incentive you've been waiting for to finally part with your garden tools when you sell your property. What's more, the increase in your free time could give rise to plans for a well-deserved trip. Or two! Best of all, no one will suspect your absence, given the well-kept state of your front yard.

Get rid of the empty room syndrome

How many rooms does your property have? And how many of them are actually used on a daily basis? Take a moment to look around your home and think about how much space you use on a regular basis. If you use most of the rooms, great! But if you realize that you're only using around 65% (or less) of your total floor space, you may be affected by what's kindly called “empty room syndrome” - that feeling that some parts of the house are sleeping a little too often... The average living area of properties has almost doubled over the last 30 years, while the average family size continues to decline. Having too much space creates an imbalance that proves costly in terms of time and money. So why not consider a property that better suits your current needs? I'm here to help you make this transition.

Location

The size of your new home isn't the only thing that matters. When planning to move to a smaller place, try to choose a location that will bring you closer to the places you commonly visit - relatives, friends, work, shops - thus saving time and money.

Accessibility and comfort

Moving to a smaller home, townhouse or condo can also offer the opportunity to live in a stair-free environment. In fact, designers are responding to the growing demand for easy-access living environments by developing single-level housing and elevator-equipped properties, so that homeowners can live in a place that will allow them to age in comfort.

The benefits of condominiums

Many people have noticed that the longer you put off moving, the harder it becomes to make up your mind. Many buyers start thinking about finding a smaller property long before the last child leaves the nest. Many townhouse and condominium communities offer on-site amenities that few detached homes are able to offer. For example, they offer fitness centers, party rooms and guest parking, so you can simplify your life while enjoying the comforts of living large. What's more, condos are usually equipped with entrance surveillance cameras and concierge services.

What if it was the right time to think bigger?

Sometimes, the desire for a little more space becomes obvious: an extra room to telecommute in peace and quiet, a finished basement for the kids, or simply the joy of no longer feeling cramped. Moving into a larger home gives you the freedom to better organize your daily life, welcome family and friends more comfortably, and create an environment that grows with you. It's also an opportunity to bring new projects to life, in a place where every member of the family can find his or her own corner, without compromise.

While selling a property may seem like a daunting project, it can serve to increase your liquidity and comfort - and let you enjoy a simpler lifestyle or start your life projects!