Welcome or Register

Downsizing

 

Downsize the Right Way

Are you ready to have a smaller mortgage payment and spend less time keeping up with those rooms that never get used?

If so, downsizing may be in your best interest. Before you get started with downsizing, make sure you read this helpful guide and let us know how we can help you on your new journey. 

A few things to think about as you get started downsizing:

1. Think Big Picture

Think about where you want to be in the next ten or fifteen years before you choose your new "downsized" home. Planning will make sure you have everything you need in this next stage of life. Will the kids be visiting? What about the grandkids? Do you need an office space for the new business you'll start? Think through these possibilities. 

2. Function Is Everything

Simplifying is not bad. Think back to your first home. You probably were happy with a lot less than you have now. Finding the right size is not only a practical question but also a functional one. See if you can sell some of your belongings before you downsize that you don't use anymore so you can buy exactly what's practical and fashionable for your needs.

Downsizing - The Financial Benefits 

What if you could reduce your mortgage by $400 each month and put that money towards your other financial goals? 

Check out three strides you could make:

1. Pay Off Loans & Debt

If you downsize, you could save hundreds and start paying off your other debt as you move into the next stage of life and retirement. 

2. Increase Your Retirement Contributions

If you had an extra $500 a month that would make a big difference in how much you could save before retirement. And, boy, the difference $500 could make! You can be sure that preserving this early will get you through your golden years. 

3. Pay Off Your Mortgage

What a better way to retire than to pay off your mortgage! Use the proceeds from selling your current home to pay cash for a smaller one. Imagine what you could do with no mortgage.

If paying cash seems out of reach, don't worry. You can still make progress if you plan correctly. Look for a 15-year, fixed-rate mortgage and try to put at least 15–20% down.

Plus, if you then apply the $500 you saved from downsizing to your new monthly payment, at 4.5% interest, you could pay off your $200,000 mortgage in less than 11 years while also collecting almost $25k in the process. 

Ready to Downsize? Let us Help You! 

Downsizing might not make sense in every situation, but it’s worth a look if saving money and simplifying life appeal to you.

To learn more about how Lifestyle Realty can help you downsize, please contact Niki Higgins for more information on how my team can help. Send me a message at niki@lifestylerealty.info or call me at 405-919-1098.


6,380 Results Days on Site (new to old)
31
$179,900 New For Sale
11512 SW 25th Terrace
Yukon, OK 73099
4 beds, 2 baths | Single Family Home
1,701 sq ft; lot: 6599 sq ft lot
3
$410,000 New For Sale
14285 East Fork
Arcadia, OK 73007
3 beds, 2 full, 1 partial baths | Single Family Home
2,594 sq ft; lot: 1.25 acres
21
$900,000 New For Sale
7217 Painted Sky Drive
Edmond, OK 73034
4 beds, 4 full, 1 partial baths | Single Family Home
4,368 sq ft; lot: 2.06 acres
2
$334,000 New For Sale
12751 Deer Run
Arcadia, OK 73007
3 beds, 2 full, 1 partial baths | Single Family Home
2,260 sq ft; lot: 0.75 acres
18
$119,500 New For Sale
232 S Irving Drive
Moore, OK 73160
3 beds, 1 full, 1 partial baths | Single Family Home
1,296 sq ft
33
$175,000 New For Sale
6612 Elk Canyon Road
Oklahoma City, OK 73162
3 beds, 2 baths | Single Family Home
2,098 sq ft; lot: 12249 sq ft lot
23
$369,900 New For Sale
325 SW 12th Avenue
Norman, OK 73072
5 beds, 4 full, 2 partial baths | Single Family Home
4,221 sq ft; lot: 5 acres
5
$72,000 New For Sale
22 Comanche Circle
Shawnee, OK 74801
3 beds, 2 baths | Single Family Home
1,153 sq ft; lot: 15939 sq ft lot
25
$295,000 New For Sale
1416 NW 172nd Street
Edmond, OK 73012
3 beds, 2 full, 1 partial baths | Single Family Home
2,325 sq ft; lot: 8050 sq ft lot
26
$182,000 New For Sale
405 Park Place
Guthrie, OK 73044
3 beds, 3 baths | Single Family Home
1,847 sq ft; lot: 5293 sq ft lot
Open House Sunday Sep 15, 2pm–4pm
1
$139,900 New For Sale
2248 Barclay Road
Oklahoma City, OK 73120
3 beds, 1 bath | Single Family Home
1,137 sq ft; lot: 5937 sq ft lot
30
$164,900 New For Sale
8300 NW 105th Street
Oklahoma City, OK 73162
3 beds, 2 full, 1 partial baths | Single Family Home
1,863 sq ft; lot: 9209 sq ft lot
13
$159,900 New For Sale
1201 Teal Place
Edmond, OK 73003
3 beds, 2 baths | Single Family Home
1,470 sq ft; lot: 7985 sq ft lot
30
$432,600 New For Sale
4217 Riva Ridge Court
Edmond, OK 73025
4 beds, 3 baths | Single Family Home
3,605 sq ft; lot: 13957 sq ft lot
10
$109,900 New For Sale
1040 NW 23rd Street
Moore, OK 73160
3 beds, 2 baths | Single Family Home
1,645 sq ft; lot: 6098 sq ft lot
20
$125,000 New For Sale
9225 Checkerbloom Drive
Oklahoma City, OK 73165
3 beds, 2 baths | Single Family Home
1,280 sq ft; lot: 7000 sq ft lot
36
$235,000 New For Sale
119 Kingsbury Lane
Shawnee, OK 74801
3 beds, 2 full, 1 partial baths | Single Family Home
2,562 sq ft; lot: 1.2719 acres
Open House Sunday Sep 15, 1pm–4pm
36
$1,290,000 New For Sale
1801 Guilford Lane
Nichols Hills, OK 73120
3 beds, 5 baths | Single Family Home
4,487 sq ft; lot: 21357 sq ft lot
36
$239,900 New For Sale
1330 S Southersby Drive
Mustang, OK 73064
4 beds, 2 baths | Single Family Home
1,876 sq ft; lot: 0.9 acres
2
$145,000 New For Sale
7893 NW 40th Street
Bethany, OK 73008
3 beds, 2 baths | Single Family Home
1,746 sq ft; lot: 10145 sq ft lot
Listings 1-20 out of 6,380 Previous 1 2 3 4 5 Next

What Others Are Saying

Niki is very helpful and knowledgeable realtor. She helped me find the house that I was looking for. She is good at negotiating for the purchase of a property. She is a very personable and I recommend her very highly. Sherry M.
Niki is a very warm and personable person on top of being an awesome professional. She helped us find the home and location of our dreams and extremely quickly sell our existing home. She guided us through the processes with ease. Her nature, experience and customer service are quintessential to the field! We highly recommend Niki to helping you buy or sell your home. Thank you Niki; we are ever so grateful!! Jeff
Niki is an absolute joy to work with. Two years ago she sold our Edmond home in two weeks and got us just what we wanted for it, and now we have just purchased a new home that she helped us find. Niki is thoughtful, patient, honest, and knows real estate! Her referrals for a mortgage lender, home appraisal, and even professional packers were awesome. Niki is a seasoned Realtor with too many attributes to list- suffice to say, if you need a Realtor she is your gal. Mikala Price
View All

DON'T MISS A NEW LISTING AGAIN!

Register Now
Already registered? Login

FREE AUTOMATED EMAIL UPDATES
Sign in to take advantage of all this site has to offer. Save your favorite listings and searches – also receive email updates when listings you like come on the market for free!
*Contact Information is NOT Shared*

Quick Search


view all


Any

Any

No Min.

No Max.

house realtor mls

Niki Higgins
Real Estate Broker | Lifestyle Realty 
Oklahoma City, OK 73162
405-919-1098
Contact Us