Benefits of Downsizing

Benefits of downsizingWhat comes to mind when you hear the word downsizing? Perhaps it sounds like something empty nesters do, or a necessity when the budget gets tight, but there are actually many people who would benefit from downsizing

Buying a smaller home can open up a wide array of opportunities that just might be everything you are looking for. When you downsize your home, there are many ways you can upgrade your life. Keep reading for some of our favorite benefits of downsizing. 

Want to begin the search for downsizing in Canmore or Banff? We can help! Contact us any time to learn more. 

1. Freedom to live in your ideal location

When you life in a large home, your location choices may be more significantly limited. Not only are larger homes going to cost more, but your selection will be much smaller. If you are dreaming of living in a location like Canmore or Banff, opting for downsizing is likely one of the best strategies to make that transition possible. 

The tradeoff of a larger home for unbelievably scenic views, a dream vacation location, and access to some of the best outdoor recreation in Canada is a no-brainer for many of our clients. 

2. Lower maintenance home

Downsizing nearly always means enjoying a lower maintenance home. One of the best perks of moving to a smaller home is having a smaller to do list and spending less time cleaning and maintaining the property. 

For the most low maintenance home, consider a condo or townhome. These properties often come with a community association that handles yard work, snow removal, and management of amenities so you can spend more time doing what you love and less time getting housework and yard work done. 

If you know you prefer a single family home on it's own property, there are still plenty of ways to opt for a lower maintenance home. Choose a home that is move in ready, not requiring any urgent repairs or updating to be something you love. 

3. A smaller home might equal a smaller mortgage

One of the most obvious benefits of downsizing is the financial benefit. In many cases, a smaller home equals a smaller mortgage payment. Even if a lower monthly payment is not a necessity for you, imagine how your life would change if less of your income was going to your home. 

Consider the weekend ski trips you could enjoy, the vacation rental investment you would now be able to afford, or the new restaurants you'd be happy to splurge on. If you aren't enjoying your life as it is now because too much of your income is tied up in your mortgage, just imagine how your life could change when you decide to downsize in a new location. 

Trading your large home for a smaller one doesn't mean downsizing your lifestyle; it means quite the opposite. For many people, downsizing their home allows them to totally upgrade their lifestyle.

To learn more about downsizing in Canmore or Banff, contact us any time!

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89 Properties
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$787,498
Neighbourhood: Bow Valley Trail
2
Beds
2
Baths
832
Sq.Ft.
2003
Year Built
1
Day on Site
A2023687
MLS®
This 2 bedroom hotel condo boasts charm and comfort amongst beautiful south facing views! Take advantage of peaceful mountain getaways of your own, or, collect revenue as an investment property and...
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Neighbourhood: Three Sisters
2
Beds
2
Baths
843
Sq.Ft.
2023
Year Built
2
Days on Site
A2023434
MLS®
Located in Canmore's newest home development, The Meadows of Stewart Creek, this bright and modern 2 bedroom, 2 bath Alpine Penthouse Loft boasts breathtaking mountain views from every window. With...
$1,699,000
Neighbourhood: Cougar Creek
6
Beds
3
Baths
2,140
Sq.Ft.
1983
Year Built
2
Days on Site
A2023519
MLS®
Welcome to your rare mountain bungalow paradise! This incredible home offers the best of both worlds, with three bedrooms and two bathrooms upstairs and an additional three bedrooms and one bathroom...
$599,900
Neighbourhood: Bow Valley Trail
1
Beds
1
Baths
624
Sq.Ft.
2009
Year Built
4
Days on Site
A2023324
MLS®
COMING SOON! Beautiful condo at the Lodges of Canmore. Inside pictures available on Thursday! A very desirable location in Canmore, considered one of the best managed condominiums in the area,...
$576,450
Neighbourhood: Bow Valley Trail
1
Beds
1
Baths
589
Sq.Ft.
2005
Year Built
4
Days on Site
A2023325
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You'll love this immaculately well kept 1BR/1Bth unit in Falcon Crest Lodge, one of Canmore's highest rated resorts. Enjoy sunsets and nice mountain views from the deck of this pet friendly ground...
$559,000
Neighbourhood: Three Sisters
2
Beds
2
Baths
925
Sq.Ft.
2006
Year Built
5
Days on Site
A2023058
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Welcome to your new Mountain Home! Located in the beautiful Rocky Mountains, Canmore is an attractive location for many reasons. Here, you will find the ability to enjoy the quiet tranquility of...
$838,950
Neighbourhood: Bow Valley Trail
2
Beds
2
Baths
833
Sq.Ft.
2005
Year Built
5
Days on Site
A2023050
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Spectacular top floor penthouse condo with south facing Three Sisters Mountain views! This two bedroom, two bathroom vacation revenue property has rare tourist home zoning. Currently in the Clique...
$593,040
Neighbourhood: Bow Valley Trail
1
Beds
1
Baths
615
Sq.Ft.
2009
Year Built
7
Days on Site
A2022389
MLS®
This is your opportunity to invest in the most desirable sector of Canmore's real estate market. Currently generating lucrative revenue stream on AirBnB. Open concept, one bedroom suite captures the...
$825,000
Neighbourhood: Town Centre_Canmore
3
Beds
2F11/2
Baths
1,215
Sq.Ft.
1976
Year Built
7
Days on Site
A2022547
MLS®
Visit REALTOR website for additional information. Spacious, sunny split level Creekside townhouse with Fenced Backyard in downtown Canmore. Sunny, fully upgraded & centrally located, this 3 bed, 2.5...
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Neighbourhood: Eagle Terrace
3
Beds
3F11/2
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1,468
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1998
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7
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A2022542
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Beautifully Maintained Townhouse in Eagle Terrace
Welcome to this spacious 3 level townhome in Catamount Court. With 3 bedrooms and 4 bathrooms spread over almost 1500 ft2, there is plenty of...
$1,575,000
Neighbourhood: Eagle Terrace
3
Beds
3F11/2
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2,247
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2003
Year Built
8
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A2021813
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In Eagle Terrace situated on the ridge overlooking a wood reserve, this 4-level end unit townhouse on the sunny side of the magnificent bow valley has 3 bedrooms and 3.5 bathrooms. On the main level...
$3,385,000
Neighbourhood: Eagle Terrace
4
Beds
3
Baths
2,556
Sq.Ft.
2004
Year Built
8
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A2021923
MLS®
Masterfully designed home on a spectacular Eagle Point lot. Perched high above on a massive and private lot, this property was designed by Loren Harms and built by one of Canmore's most reputable...
23 Properties
Page 1 of 2
$839,000
Neighbourhood: Three Sisters
2
Beds
2
Baths
843
Sq.Ft.
2023
Year Built
2
Days on Site
A2023434
MLS®
Located in Canmore's newest home development, The Meadows of Stewart Creek, this bright and modern 2 bedroom, 2 bath Alpine Penthouse Loft boasts breathtaking mountain views from every window. With...
$559,000
Neighbourhood: Three Sisters
2
Beds
2
Baths
925
Sq.Ft.
2006
Year Built
5
Days on Site
A2023058
MLS®
Welcome to your new Mountain Home! Located in the beautiful Rocky Mountains, Canmore is an attractive location for many reasons. Here, you will find the ability to enjoy the quiet tranquility of...
$825,000
Neighbourhood: Town Centre_Canmore
3
Beds
2F11/2
Baths
1,215
Sq.Ft.
1976
Year Built
7
Days on Site
A2022547
MLS®
Visit REALTOR website for additional information. Spacious, sunny split level Creekside townhouse with Fenced Backyard in downtown Canmore. Sunny, fully upgraded & centrally located, this 3 bed, 2.5...
$899,900
Neighbourhood: Eagle Terrace
3
Beds
3F11/2
Baths
1,468
Sq.Ft.
1998
Year Built
7
Days on Site
A2022542
MLS®
Beautifully Maintained Townhouse in Eagle Terrace
Welcome to this spacious 3 level townhome in Catamount Court. With 3 bedrooms and 4 bathrooms spread over almost 1500 ft2, there is plenty of...
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Neighbourhood: Eagle Terrace
3
Beds
3F11/2
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2,247
Sq.Ft.
2003
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8
Days on Site
A2021813
MLS®
In Eagle Terrace situated on the ridge overlooking a wood reserve, this 4-level end unit townhouse on the sunny side of the magnificent bow valley has 3 bedrooms and 3.5 bathrooms. On the main level...
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Neighbourhood: South Canmore
3
Beds
3
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1,747
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12
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South Canmore fourplex built by Elk Run Custom Homes. Quality built three bedroom and three bathroom property with timeless mountain architecture. Street side orientation with amazing mountain views...
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Neighbourhood: South Canmore
3
Beds
2F11/2
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1,695
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2000
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28
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A2018538
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Visit REALTOR website for additional information. Thinking winter is not the right time to buy, think again! Fully renovated and move in ready! EXCELLENT LOCATION IN SOUTH CANMORE! Nestled into a...
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2
Beds
1
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635
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3
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3
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Perched at the tip of the highly sought-after Quarry Pines neighbourhood sits Canmore's newest residential townhouse project, built by one of Canmore's premier builders - All Weather Builder's. Form,...
$1,530,000
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3
Beds
4
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1,351
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36
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A2017093
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Perched at the tip of the highly sought-after Quarry Pines neighbourhood sits Canmore's newest residential townhouse project, built by one of Canmore's premier builders - All Weather Builder's. Form,...
4
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2F11/2
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1,195
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3
Beds
2F11/2
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1,842
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64
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Welcome to Hospital Hill's latest residential project, Rundle Creek Villas - These stunning, masterfully built townhomes boast extremely well laid out floor plans with outstanding quality of finish...

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