4 Steps For Downsizing

For one reason or another, you've determined the house you're living in has become too much to handle.

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Seniors, empty nesters or those moving from a suburban home into a loft or apartment in the city all face similar challenges when it comes to downsizing.

For example, after Judy Raphael's husband was diagnosed with dementia and moved to a nursing home, it became difficult for her to take care of her large house the couple had lived in for 23 years. At first, Raphael tried to maintain the house by herself, but things started to pile up and soon the house was in need of serious repairs.

"There were a lot of unknowns on what was wrong in the house - from mildew and mold to the driveway that needed to be replaced, the list goes on," Raphael said.

When it comes to downsizing your living space, you can start preparing with these steps…

Step 1. Determine what's next.