Downsizing

The kids are in college. Do the Math on downsizing.

Finances, Savings

From a $1 milion dollar Train town home to a $600,000 Train town home. You could save $1,800 on your mortgage per month. Your taxes might drop from 28k to 16k which could save you an additional $1,000 per month

Also factor in insurance, utilities, landscaping, cleaning, maintenance savings and it’s possible your savings could total $3,200 per month

Square Footage

Going from a 2,500 foot home to a 1,200-1,400 square foot cottage or condo means lots of ‘things’ won’t fit. What to do with the second bedroom, office, studio, guest bedroom?

One thing’s for sure, you’ll have to declutter and decide between storing, eliminating or selling some things.

Pros

1. Lower costs
2. More options (finances & living experiences)
3. Easier to maintain
4. Travel more
5. Other adventures
6. Invest cash-out equity

Cons

1. We love our home
2. Might not get back into this neighborhood
3. Less Storage
4. Harder to host guests or big parties
5. Moving

If getting started is still daunting, contact me for a downsizing consultation at ken@kenkrasnerhomes.com or 201 600 8141.

Live, Relax & Entertain (repeat)

I have an inspiring new home on the market. The absolutely beautiful head-to-toe renovations were curated by a prominent advertising exec with excellent taste.   Get a look at some beautiful images and vibes in the link below and in the MLS link too.

Yin Yang

What happens when you balance a high-powered job in the city with the opportunity to exhale … nightly? Well, that’s now on the market at 497 Prospect Street in Maplewood (NJ). The proximity facilitates a job in the city. The suburbs allow for four spacious floors, two wet bars, a designer kitchen and a heated, saltwater pool in a backyard oasis. Check out this home’s vibe at www.MaplewoodYall.com.

MLS link

Ex-Brooklyners Find Style and Substance In Maplewood

It’s dubbed “Brooklyn West.” Maplewood (NJ) has become home to many from the NYC’s mammoth borough. Some say Maplewood is about 75% Brooklyn refugees. Naturally, the town is getting some high-style upgrades that adhere to its contented lifestyles. A good example: 497 Prospect Street on the market now. Its vibe and restoration are captured here: www.MaplewoodYall.com. We would be much obliged if you share this with your friends.

MLS link

Lifestyle meet Functionality

Maplewood (NJ) has become the darling of families and couples looking to “nest” in an environment that’s diversity-minded, up-tempo, near to the city … and good value. Few places offer all four … and that’s because the Township is a bastion of Brooklyn refugees. They’ve brought their verve, their unconventional lifestyles and their good taste to this NYC suburb. That’s all evidenced at 497 Prospect Street which is on the market now (MLS link). This space is ideal for the couple or family that appreciates the thoughtfulness of design, the attention to detail and the emphasis on entertaining. The home’s vibe is captured here: www.MaplewoodYall.com.

An Entertaining Mecca

The one-bedroom Brooklyn flat may have been close to your friends but how many of them could you invite at the same time to that space? What if you had four floors, two wet bars, a designer kitchen and a heated saltwater pool in a backyard oasis? Well, your friends would bring their friends. Just 30 minutes from the city is Maplewood (NJ) and a home that’s ready for your guest list. Check out the vibe of 497 Prospect Street  which is on the market now: www.MaplewoodYall.com.