Anonymous wrote:Anonymous wrote:Anyone here downsize from a big house to something in the 3,000–5,000 sf range? We are a family of 4 in an 8,000 sf place (7 bed, 9 bath). It made sense when the kids were younger and we had a live in nanny, but nanny is gone and both kids will be off to college soon, so it is starting to feel way too big. We are already stressing about stuff like our giant dining table that really needs an 18 ft room, which smaller houses just do not have.
What is really surprising is the pricing in other so called cheaper markets. In equivalent nice areas in Florida I am seeing 3,000 sf homes in Fort Lauderdale and Tampa for 2–3M, so basically no savings on price, just less space. New construction around 4–5,000 sf is more like 5.5M, which is a shock. So now we are wondering if it even makes sense to move or if we should just stay put and live in part of the house. If you have done a similar downsize as a family of 4, what were the biggest surprises, good or bad?
I don’t understand where you live…in any nice areas of the DMV your 8,000 sq ft home would likely sell for $10MM+…thinking McLean, Mass Heights, Georgetown et al.
Anonymous wrote:Anyone here downsize from a big house to something in the 3,000–5,000 sf range? We are a family of 4 in an 8,000 sf place (7 bed, 9 bath). It made sense when the kids were younger and we had a live in nanny, but nanny is gone and both kids will be off to college soon, so it is starting to feel way too big. We are already stressing about stuff like our giant dining table that really needs an 18 ft room, which smaller houses just do not have.
What is really surprising is the pricing in other so called cheaper markets. In equivalent nice areas in Florida I am seeing 3,000 sf homes in Fort Lauderdale and Tampa for 2–3M, so basically no savings on price, just less space. New construction around 4–5,000 sf is more like 5.5M, which is a shock. So now we are wondering if it even makes sense to move or if we should just stay put and live in part of the house. If you have done a similar downsize as a family of 4, what were the biggest surprises, good or bad?
Anonymous wrote:I'd say you aren't ready to downsize if you're truly stressing over your large dining room table.
Anyway, if you find a house you love in the price range that works for you, don't worry about the size. You may need to purge some of your belongings, but I promise you that it is not remotely difficult for a family of four to live comfortably in a 3,000 sf home if it's a well-planned home.
Anonymous wrote:Anyone here downsize from a big house to something in the 3,000–5,000 sf range? We are a family of 4 in an 8,000 sf place (7 bed, 9 bath). It made sense when the kids were younger and we had a live in nanny, but nanny is gone and both kids will be off to college soon, so it is starting to feel way too big. We are already stressing about stuff like our giant dining table that really needs an 18 ft room, which smaller houses just do not have.
What is really surprising is the pricing in other so called cheaper markets. In equivalent nice areas in Florida I am seeing 3,000 sf homes in Fort Lauderdale and Tampa for 2–3M, so basically no savings on price, just less space. New construction around 4–5,000 sf is more like 5.5M, which is a shock. So now we are wondering if it even makes sense to move or if we should just stay put and live in part of the house. If you have done a similar downsize as a family of 4, what were the biggest surprises, good or bad?