Am I Ready to Downsize?
A quick, honest self-assessment from Tanya Peterson, SRES® — no download, no pressure, no obligation. Rate each statement below, then check your total against the results at the end.
I have rooms in my house that I rarely or never use.
2
3
4
5
Maintaining my home (cleaning, yard work, repairs) has become burdensome.
2
3
4
5
My home has features that are becoming difficult for me physically (stairs, large yard, steep driveway).
2
3
4
5
I worry about how I’ll handle major repairs or maintenance in the coming years.
2
3
4
5
My home no longer fits my current lifestyle.
2
3
4
5
My housing expenses (mortgage, taxes, insurance, utilities, maintenance) feel like a stretch each month.
2
3
4
5
I would benefit from accessing the equity in my current home.
2
3
4
5
I’m concerned about affording unexpected home repairs on a fixed income.
2
3
4
5
Reducing my housing costs would free up money for things I care about more.
2
3
4
5
My financial advisor has suggested I consider my housing situation.
2
3
4
5
My family and social connections are no longer centered around my current location.
2
3
4
5
I’m spending significant time traveling or away from home.
2
3
4
5
I’m ready for a simpler, more manageable living situation.
2
3
4
5
I want to be closer to family, healthcare, or amenities that matter to me.
2
3
4
5
The thought of moving to a new place feels more exciting than scary.
2
3
4
5
I feel overwhelmed by the amount of belongings I’ve accumulated.
2
3
4
5
I have furniture, clothing, or possessions I no longer use or need.
2
3
4
5
I would feel lighter if I owned fewer things.
2
3
4
5
I’m ready to let go of items that no longer serve my current life.
2
3
4
5
I can identify what I want to keep and what I’m ready to release.
2
3
4
5
Add up your total score across all 20 statements, then find your result below.
Not Yet Ready
Downsizing isn’t calling to you right now, and that’s perfectly fine. Your current home still works for your life. Revisit this assessment in a year or two, or sooner if your circumstances change.
Starting to Consider
You’re noticing friction between your home and your life. The idea of downsizing has merit, but there’s no urgency yet. This is a good time to start the thinking and planning phase — sort, research your options, and gather information so you’re prepared when the time feels right.
Ready to Explore
Multiple factors are pointing you toward a change. You’ve likely been thinking about this for a while. Now is the time to have a serious conversation with your financial advisor — and with a real estate agent who specializes in helping seniors downsize. That’s exactly what I do.
Ready to Move
You’ve already done the mental work. Your home no longer fits your life, and you’re emotionally prepared to make a change. The next step is building your team and creating your timeline — I can help with both.
This assessment is for personal reflection only and isn’t a substitute for financial or legal advice. Tanya Peterson, SRES® · John L. Scott Market Center · OR Lic #200407018
Oregon Senior Guide 