Downsizing Tips for Empty Nesters

Is it time to right-size your home and refresh your future?

As summer winds down and the last suitcase is packed for college move-in day, many parents find themselves navigating a quieter home—and a new chapter. For Empty Nesters, this often sparks the idea of downsizing or, as we like to call it, right-sizing for the future.

And while letting go of a longtime family home can feel emotional, the upsides—financial flexibility, less maintenance, and a home that fits your lifestyle—make downsizing an exciting next step.

If you’re thinking about making a move, here are five practical tips to help you transition with confidence:

---

1. Define Your Space Needs

Just because the kids have flown the nest doesn’t mean you won’t want them to visit—or stay awhile. Think about how many bedrooms you’ll truly need. Do you host holidays? Expect visits from grandkids someday? Consider your long-term lifestyle before choosing a layout, so you don’t find yourself upsizing again in a few years.

---

2. Match Your Home to Your Lifestyle

Do you dream of morning coffee on a low-maintenance patio or tinkering in a new garden? Maybe you're looking for a walkable neighborhood or to be closer to friends, family, or even a favorite vacation destination.

Choose a location and home style that fits not just your current hobbies, but the life you want to build next.

---

3. Plan for the Future

This next home might be your forever home—so think ahead. A one-level layout, minimal stairs, or proximity to healthcare and community support might become more important down the line. Choosing a home that can adapt with you ensures peace of mind for years to come.

---

4. Revisit Your Financial Plan

Downsizing can open up major financial advantages—smaller mortgage payments, lower utility bills, and reduced upkeep costs. And if you’ve built equity in your current home, you might walk away with a meaningful profit.
Now’s the time to revisit your budget and long-term goals:

• Pay off existing debt

• Boost your retirement savings

• Plan that bucket list vacation

• Fund your next home purchase

  A trusted financial advisor at BankFirst can help you map it all out.

---

5. Explore Loan Options & Get Pre-Qualified

Even if this isn’t your first home purchase, the lending landscape may have changed since you last bought. There are several mortgage options tailored to those in retirement or nearing it.

Before you start touring homes, connect with a local BankFirst Mortgage lender. Getting pre-qualified not only helps you understand your budget—it helps you move forward with confidence when the right home comes along.

---

Your Next Chapter Starts Here

Whether you’re ready to pack boxes or just starting to explore, BankFirst is here to guide you every step of the way.

Stop by your nearest branch or connect with a Mortgage Expert to start the conversation.

* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.