When is the Best Time to Downsize Your Home?

More time with the Family with a Second Home| Downsize Your home to condo | Camella Manors

As we grow older, our needs and capabilities change; and not all homes are designed to support this change along with us. It’s common to upsize your home when your household is growing; whether to accommodate children, pets, or simply because you need an extra room for a home office. But what once was the perfect home, may now be too hard to manage and maintain in your golden years. There are countless benefits of downsizing your home; and it’s a wonderful way to open the door to the next stage of your life.

But, making the decision to downsize can be hard and leaving a home filled with cherished memories can bring heartache.

So, when is the right time to downsize? If owning your current home has brought more stress and worry than it has joy and comfort in recent years; the time may be now.

There are many factors to take into account when answering the question; when is the right time to downsize? But keeping these 8 signs in mind can help you come to a decision that moves you into the next stage of your life with ease. 

Faster Move-in a Ready-for-Occupancy Condo | Affordable Condo Philippines | Camella Manors
Faster Move-in a Ready-for-Occupancy Condo | Photo from Hiveboxx in Unsplash

8 signs it’s time to put your house on the market and downsize to condo

When your monthly housing expenses have exceeded 30%

A general rule of thumb is to spend around 30% of your monthly budget on housing expenses. This includes your mortgage payment, utilities, maintenance costs, homeowners insurance, and property taxes. In fact, any household that spends above 30% is considered financially burdened. Stressing over finances can have an impact on your mental, emotional, and physical health; and having a little extra money saved up will help you be prepared in case any unplanned expenses or health issues arise.

Downsizing your home is a great way to lower monthly housing expenses because typically; a smaller home means smaller monthly housing expenses. Before you begin the home buying and selling process; be sure to calculate how much house you can afford on a fixed income. 

Increase Your Savings| cut your expenses | Camella Manors

When you have little leftover once bills are paid

The definition of retirement has changed drastically over the years. Now more than ever before, retirees are maintaining an active lifestyle that includes hobbies, exercise, and continued learning – and these all cost a bit of money. So how would you like to spend your time? Perhaps it’s joining a gym, taking painting classes, or taking a few college courses. If your monthly housing expenses are so high that you can’t enjoy your hobbies or activities; now may be the perfect time to downsize to free up some cash so you can spend it the way you want. 

When maintaining your home is becoming difficult

Our homes are filled with precious memories that we hold dear. The wall where you recorded your grandchildren’s heights; to the living room where your daughter first learned the piano. Our homes are reminders of the love and laughter we’ve shared with friends and family; and this leads many to remain in their homes longer than is wise for their health and financial stability. 

Limited mobility can prevent you from being able to perform general maintenance around the house; like yard work and regular cleaning. No matter your age, there will always be household chores that need to be done. But cleaning the gutters, vacuuming a two-story home, or mowing the lawn and trimming the shrubs can become more difficult as you get older.

One of the many benefits of downsizing your home to a condo is you can choose a property where you longer need to worry about these chores. If you’ve reached the stage where these tasks seem impossible, it’s time to go smaller. And it’s better to make this decision sooner, rather than later. If household chores begin to pile up and if they impact the condition of your home; you may see a decrease in property value when it comes time to sell.

You can revamp you own space as a house and lot owner | Condo in the Philippines - Camella Manors
You can revamp you own space as a house and lot owner | Condo in the Philippines – Camella Manors

When your home has features that make aging in place difficult

If you’ve gained mobility restrictions as you’ve grown older; you probably made home improvements and modifications for safe and comfortable living. You’ve installed handrails, upgraded the lighting, and replaced your hard flooring for carpet. But depending on your layout, there may be some home features you’re unable to modify that still pose a threat to your safety; and make aging in place difficult.

Features like several flights of stairs, narrow doorways; or high-maintenance landscaping can all be safety hazards. If these home features have become obstacles for you, then now is the right time to downsize to a safer floor plan. A home designed for optimal accessibility, convenience, and safety is imperative to avoid falls and serious injuries. 

When considering downsizing your home, it’s also important to consider the weather in your area; as some environmental factors can be dangerous for someone at any age.

Own a Condo as Retirement Home | Camella Manors
Own a Condo as Retirement Home | Photo from Nick Karvounis in Unsplash

When your neighborhood no longer fits your lifestyle

If you’ve lived in your current home for countless years; you probably opted for a neighborhood that suited your lifestyle at that point in time. Maybe you chose a suburban neighborhood to escape city life. Or maybe you moved into a townhouse in the bustling city for an easier commute to work. These neighborhoods may have been ideal for your previous situation, but now they may no longer fit your needs.

You may find downsizing to a different neighborhood is what you need to fit your current lifestyle. Downsizing your home to a smaller one can reduce the amount of upkeep and free up your time for leisure activities; getting more rest, and spending time with family and friends.

When you want to turn home equity into retirement income

For most homeowners, equity is one of the most valuable assets; but sometimes your home may be too expensive to maintain. If your plan is to rely on home equity for income in retirement years; such as using a reverse mortgage, now may be the right time to downsize. Property taxes and maintenance costs may even be lower. Work with a real estate agent so you can sell your current home for the most money possible.

When you have the option to live anywhere

The beauty of retirement is that you’re no longer tied to one location and can choose to live wherever your heart desires. This gives you the opportunity to look all across the Philippine housing market for neighborhoods. So, if you’re wanting to sell your home, or if you’re looking to be closer to family, the world is now your oyster.

Consider downsizing your home when several rooms go unused

It may feel like just yesterday when three bathrooms didn’t feel like enough; or when your grandchildren’s toys somehow managed to take over the entire house. At those times, you probably longed for a larger house to control the chaos. But, if any of the rooms that were once used are now rarely opened; it doesn’t make sense to pay to heat, cool, and light them. Saving money on utilities and property taxes are just a couple more reasons to think about downsizing your home.

Move in Lesser than Usual
Move in Lesser than Usual | Photo from

Life Well Lived in Camella Manors Lipa

If you are looking for a sign, this is it! Get the best life experience as you downsize your home and move to Lipa City, Batangas at Camella Manors.

Camella Manors Lipa is one of the pioneering vertical developments in Lipa City. It is Camella’s latest offering in Batangas. Camella Manors is Vista Land’s newest mid-rise condominium brand located in the regions and nearby provinces of Metro Manila. It promotes all-in lifestyle needs and resort-themed amenities that will cater to young professionals, starting families, investors, and Overseas Filipino Workers (OFWs). 

Camella Manors Lipa is strategically located in Tibig; a quiet and exclusive site in Lipa that is conveniently close to Lipa’s City center. From Metro Manila, the condo is about 80 kilometers away from Manila or just a few hours’ drives. 

This affordable mid-rise condo in Lipa has the most expansive amenity area among all Camella Manors projects nationwide. It features a badminton court, function hall, jogging path, paring space, swimming pool area, clubhouse, fitness gym, play park, and a play court. 

Condo Living Perks at Camella Manors Lipa

Living in Camella Manors Lipa offers perks like 24/7 Security, verdant landscapes, accessibility to all sectors of the society, nearby tourist Spots, pet-friendly community, resort vibe community, and smart condo living. 

It is also conveniently located in a prime location close to many essential establishments like shopping malls and retail centers (Robinsons Place Lipa, Big ben Complex, SM City Lipa, The Outlets Lipa), leisure and entertainment (El Grande Hotel and Resort, Anfa Royale Hotel, Cintai Corito’s Graden, The Farm at San Benito, Laiya beaches), schools and universities (De La Salle Lipa, Canossa Academy, AMA Computer College Lipa, University of Batangas- Lipa, Batangas State University-Lipa), medical centers and hospitals (Mary Mediatrix Medical Center, Lipa Medix Medical Center, San Antonio Medical Center, NL Villa Memorial Medical Center), churches (Redemptorist Lipa, Cathedral of San Sebastian, Our Lady of Mount Carmel Church), and major infrastructures (Ayala Highway, President Jose P. Laurel Highway, STAR Tollway, South Luzon Expressway). 

Preselling of units is ongoing. To find out more about Camella Manors Lipa, visit our social media channels or you may also visit Interested buyers may also reserve a unit online thru our easy-to-use online payment facilities.

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