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Old 01-04-2024, 09:42 PM   #51
Biggd
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Join Date: Nov 2016
Location: Waltham Ma./Meredith NH
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Most boomers like me, that want to downsize, don't want to spend more on a smaller home than the larger one they are selling. So, it really doesn't pay to downsize in today's market unless you are moving to another state where prices are cheaper. If you are younger and in your peak earning years, then trading up to a more expensive home is not an issue.
The OP wants to downsize from home in Gilford to a smaller home in another town in the lakes region to save money. Unless he's selling a waterfront to buy off the water I don't think he's going to save much money and he's already living in one of the better towns around the lake.
I will make this my last post because this thread has gone way off track.
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