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Reply to "Downsizing when you age or empty nesters?"
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[quote=Anonymous]DH and I talk about this since the COL in NOVA has gotten so high and our property taxes increase painfully every year. We love our neighborhood but quite a few neighbors have downsized when kids left for college or graduated from college. We don't have any family in the area and work doesn't require us to stay here. Seriously considering downsizing when DS heads to college next fall to a smaller and much less expensive home/area that is same distance from his university and closer to our daughter. We'd then invest the gains. We don't need this large a home anymore and the cost of the lawn and overall upkeep are considerable. Our only worry is how it might affect him coming home from college for breaks and especially summer job opportunities since the area we'd be going to would have fewer opportunities for jobs. DS always says he doesn't want to stay in NOVA but people change their minds. [/quote]
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