Stay or Move? The 5-Year Cost
Most people underestimate the true cost of staying in their current home. Run the numbers and see the eye-opening difference over five years.
Staying in Your Current Home
Enter your current monthly and annual costs.
Pro tip: According to the 1% rule, budget 1-2% of your home's value annually for maintenance. A $400K home = $4,000-$8,000 per year.
Moving to a Smaller Home
Estimate the costs of a downsized home.
The 5-Year Cost Comparison
How It Adds Up
That is real money. The difference between staying and moving could mean an extra $0 in your pocket over five years. What could you do with that?
The Costs Homeowners Often Overlook
Roof Replacement
A new roof costs $8,000-$15,000 and is needed every 20-30 years. Are you due?
HVAC System
Replacing an HVAC system runs $5,000-$12,000. Average lifespan is 15-20 years.
Water Heater
Water heaters last 10-15 years and cost $800-$1,500 to replace.
Major Appliance Failures
Refrigerators, washers, dryers, and dishwashers all have finite lifespans and cost $500-$2,000 each to replace.
Landscaping & Yard
Lawn care, tree trimming, irrigation repairs, and landscaping can cost $2,000-$5,000+ per year.
Painting & Flooring
Interior painting and flooring updates are needed every 5-10 years and cost thousands.
Want a Personalized Comparison?
Barbara can run a detailed cost analysis based on your actual home, your specific expenses, and realistic downsizing options in your preferred areas. The numbers might surprise you.
Get Your Personalized Analysis