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There are a number of reasons why people decide to downsize their homes. Perhaps the kids are grown up and have moved out, maybe you’re ready for a more modestly sized home that requires less maintenance, or perhaps you just like the idea of a cosier space to live in. Whatever the reason, making the decision to downsize requires a little forethought and planning so you can easily transition into the new phase of your life. If you’re thinking about downsizing your home, we’ve rounded up a few compelling reasons to help you decide!
From July 2018, people aged sixty-five years and over who have owned their home for more than ten years can sell it and contribute up to $300,000 of the sale proceeds towards their superannuation. It’s worth noting that if you’re part of a couple, both parties can contribute to their nest egg, meaning you’ll have a little more money put away so you can comfortably enjoy your golden years! We recommend you chat to your financial advisor to find out how you can take advantage of this option.
A smaller home means less possessions and clutter. Downsizing doesn’t mean you have to completely divest yourself of all your belongings! It’s actually a great way to take an inventory of everything you own, and dispose of or donate items that someone else may have a greater need for. If all your kids have moved out, it’s the perfect opportunity to donate their furniture and other things they no longer need, leaving you with a few empty rooms and a lighter load to carry to your new home. You may also find you’re holding on to things that are no longer used, which makes it the ideal time to dispose of them and rid yourself of the clutter!
A smaller home can mean considering duplex or townhouse options, which brings with it a more modest interior to clean and maintain. You’ll also have a reduced garden and yard space to care for, meaning you can enjoy your days outside in the garden without feeling like it’s a never-ending task you can’t stay on top of! With less maintenance inside and outside, you’ll have more time to relax and enjoy life instead of constantly trying to keep up with your to-do list around the home.
Some may find it easier to simply move to a smaller home. However, there are a wealth of options for those wanting to build their dream home on a more modest scale. A three bedroom home, such as the ones in our Forever Retreat range of designs offer the modern open-plan living you know and love on a reduced scale, still giving you the space you need without feeling overwhelming. Alternatively, you might like to think about building a duplex and renting out one side of the home as an investment, while you live in the other one, providing you with a steady stream of income long after you’ve retired.
Downsizing from a big family home can seem like a daunting thought. However, making the decision to do so brings with it the opportunity to simplify and reinvigorate your life in a new home with streamlined belongings, no compromise on space, and a new lease on life with a reduced amount of home maintenance. To view the range of homes suitable to downsizing, visit the Hotondo Homes website today.
Hotondo Homes’ three unique Forever Ranges offer something for everyone. Whether you’re building your very first home, creating your ultimate dream home, downsizing from your current home or even expanding your property portfolio with an investment, the Forever Ranges will have something to suit.
The Forever Ranges have been created to help you find your dream design with ease! Check out our favourite homes from each range below and click on the floor plans for more information.
The Forever Retreat Range is the perfect choice for those taking the first steps in their building journey. These designs feature everything you could want in your new home.
Gone are the days when first home buyers were forced to sacrifice luxury and style for the sake of economy. The Forever Retreat Range is filled with quality homes previously thought out of reach.
These architecturally-designed homes were crafted to create the ideal first home so you can make memories that last a lifetime. Suitable for a range of blocks, these homes have made now the right time to build the first home you’ve only ever dreamed of. Our favourite designs include the Emerge 217 and the Primo 175:
Forever Sanctuary homes have been cleverly designed to suit your family’s requirements. Aptly named, they are homes that will build family memories and create a true family sanctuary.
As Hotondo Homes’ largest range, it offers countless single and double storey home designs in a variety of sizes. Whether you’re after a coastal, metro or regional design you will find something you love in the Forever Sanctuary Range.
This range focuses on three key areas of the home; the kitchen, alfresco and master bedroom. These rooms are imperative to the growing family and our designers have created homes to ensure these rooms are practical, spacious and inviting. The spacious Erskine 240 and the incredible Willowgrove 332 are our top picks from Forever Sanctuary!
The Forever Oasis Range is the epitome of luxury and style with all the features you could want in your home. Created with elegance and class in mind, the opulent designs offer generous living areas perfect for every member of the family.
The Oasis homes encompass luxurious bedrooms and additional living areas providing the warmth of a home with the amenities of a five-star hotel.
With high ceilings, quality upgrades and top of the line inclusions, these homes are the best of the best. If you’re ready to build a home that will become your own personal oasis, this range is the perfect choice for you. Both the Amora 384 and Como 449 offer ensuite and WIR options for every bedroom!
Which is your favourite range? You can also view Hotondo Homes full range of designs here.
At Hotondo, we pride ourselves on releasing new home designs suited to a wide range of home buyers.
The 2017 release features two single storey homes and three double storey homes. Check out each of them below, and follow the link for more information!
Forever Retreat Range
Narrow in design, the Meridian is perfect for a smaller allotment. The bedrooms are all at the front of the home which maximises the available space in the living area at the rear, as well as providing much-valued privacy.
Forever Sanctuary Range
The Willowgrove is one of our new favourites. Featuring a large alfresco, home theatre and formal living area this home provides the perfect space for entertaining whether you’re enjoying a beautiful summer evening, hosting a movie night or simply enjoying your family’s company.
Forever Sanctuary Range
With reverse living you can take advantage of local views with the Esplanade 260. The master bedroom can also be found on the top floor along with a walk-in-robe and ensuite creating a perfect private sanctuary for parents.
Forever Sanctuary Range
The Esplanade 281 adds an additional bedroom for a larger family. The large kitchen features a stunning walk-in-pantry and island benchtop to help make cooking a breeze.
Forever Sanctuary Range
The Tarwin 301 is a massive family home where the ground level boasts a large open-plan kitchen, dining and family area that opens up to the undercover outdoor alfresco. There is plenty of space for a family in this design!
Have you fallen in love with any of the home designs? If not, Hotondo Homes has over 90 other flexible floor plans to choose from! You can check them all out at hotondo.com.au/new-home-designs/