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Why Some Empty Nesters in Noe Valley Are Choosing Not to Downsize

August 13, 2024

If you're an empty nester in Noe Valley (or nearby neighborhoods like Bernal Heights, Mission Dolores, Eureka Valley, or Glen Park), you may be considering whether it's time to downsize your home. After all, with the kids grown and out of the house, do you really need all that space?

Well, not so fast. Many baby boomers are actually choosing to stay put in their larger homes, even after the kids have flown the coop.

There are a number of reasons you might choose not to sell your home in Noe Valley. You have to weigh the pros and cons, and it always helps to have the assistance of a trusted real estate advisor—more on that later. Let's dive in!

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Whether you're a current homeowner or a hopeful homebuyer, Noe Valley is one of our favorite San Francisco neighborhoods.

Keeping Space for Family Visits

Just because your kids have moved out doesn't mean they won't be back to visit (and maybe even stay a while). Having extra bedrooms and living space can come in handy when the whole family gets together for holidays, special occasions, or just because.

Plus, let's be real - who doesn't love having a dedicated guest room for when the in-laws come to town? (Just make sure to stock up on earplugs.)

Sentimental Attachment to Your Noe Valley House

Your home in Noe Valley is more than just a place to live - it's where you've made countless memories with your family over the years. From first steps to high school graduations, these walls have seen it all.

It's understandable to feel a deep emotional connection to your home, even if it's bigger than you currently need. After all, home is where the heart is (and where all your stuff is, too).

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Lack of Appealing Smaller Home Options

Even if you're ready to downsize your Noe Valley house, finding a smaller home that meets your needs and budget can be a challenge. Many neighborhoods in San Francisco are zoned for single-family homes, with few options for condos, apartments, or other "missing middle" housing.

And let's not forget about the sticker shock of buying a new home in today's market. You might sell your spacious Noe Valley home for a tidy profit, only to find that a smaller condo costs almost as much (and has way less closet space).

Right-Sizing Your Home in Noe Valley

So, what's an empty nester to do? Instead of downsizing, consider "right-sizing" your home to better fit your current needs and lifestyle.

Here are a few ideas:

  • Repurpose unused bedrooms: Turn that empty nest into a home office, craft room, or personal gym. (Finally, a place to put that treadmill that's been doubling as a clothes rack!)
  • Rent out extra space: If you have a spare bedroom or accessory dwelling unit (ADU), consider renting it out for extra income. Just be prepared for some interesting Craigslist roommate interviews.
  • Take advantage of Prop 19: If you're over 55, you may be able to transfer your current property tax base to a new home of equal or lesser value, thanks to Proposition 19. This can make downsizing more affordable and appealing.

Learn more with our free guide – Prop 19: Saving on Property Taxes When Moving in California

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Choosing whether or not to downsize your home and sell with a top Noe Valley listing agent is a deeply personal choice.

Work with a Trusted Advisor

Deciding whether to downsize or right-size your home is a big decision, both emotionally and financially. That's why working with a trusted real estate advisor is so important.

As the top Noe Valley listing agent with years of experience helping empty nesters sell their homes in Noe Valley and beyond, we're here to help you weigh your options and make the best choice for your unique situation.

When you're ready to downsize, want to explore right-sizing your home, or just have questions about the process, we’re here to help. Let's chat and figure out your next steps together.

Contact us today to get started!

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