What Not to Do When Downsizing

by Michael Lau

🏡 What Not to Do When Downsizing: Expert Advice from Markham’s Top Realtor, Michael John Lau

Meet Michael John Lau - Markham’s Top Realtor and Trusted Real Estate Expert
When it comes to buying or selling homes in Markham, Ontario, Michael John Lau is the name homeowners trust. As the Top Realtor in Markham and a leading agent at Kaizen Real Estate, Michael is known for his proven success, client dedication, and unmatched local expertise. He helps buyers and sellers find their perfect homes while guiding families through life-changing real estate decisions with confidence.

Visit www.callmikelau.com - your go-to destination for expert real estate advice and listings in Markham, Unionville, and across Ontario.

Thinking About Downsizing? Here’s What Not to Do

Downsizing can be one of the most rewarding moves in your real estate journey - whether you’re an empty nester, seeking a simpler lifestyle, or looking to reduce home maintenance costs. But while the idea of “less is more” sounds appealing, many homeowners make costly mistakes when downsizing their homes.

If you want a smooth and profitable transition, here’s what not to do when downsizing, according to Markham’s most trusted Realtor, Michael John Lau.

1. ❌ Don’t Wait Too Long to Start the Process

One of the biggest mistakes sellers make is waiting until moving becomes urgent. The market might shift, or your current home may need updates before listing.

Michael’s Advice:
“Start preparing early. Even six months ahead gives you time to declutter, make small repairs, and plan your next move - especially if you want to buy a new home in Markham or Unionville.”

2. ❌ Don’t Underestimate Emotional Attachment

Leaving a longtime family home can be emotional. Sentimental value often clouds judgment, leading some homeowners to overprice or delay selling.

Michael’s Advice:
“It’s natural to feel attached, but treat your move like a business decision. Focus on the freedom, financial benefits, and lifestyle upgrades downsizing can bring.”

3. ❌ Don’t Downsize Without a Plan

Jumping into a smaller home without considering your future needs can lead to regrets - especially if you outgrow the space or lose access to important amenities.

Michael’s Advice:
“Before buying, think about accessibility, storage, location, and community. A smart downsizing plan ensures your new home fits your lifestyle today and tomorrow.”

4. ❌ Don’t Skip Decluttering Early

Trying to pack and declutter at the same time is overwhelming. Homeowners often underestimate how much they’ve accumulated over the years.

Michael’s Advice:
“Declutter one room at a time. Donate, gift, or sell items you no longer need. A cleaner, lighter space not only helps you move faster - it makes your home more appealing to buyers.”

5. ❌ Don’t Overlook Hidden Costs

While downsizing often means smaller mortgage payments, hidden costs like condo fees, moving expenses, and upgrades can add up quickly.

Michael’s Advice:
“Work with a trusted Realtor who can calculate the real costs of moving. I help my clients compare all expenses - so they know exactly what to expect financially.”

6. ❌ Don’t Go It Alone

Many homeowners try to handle downsizing on their own - but without expert guidance, it’s easy to miss opportunities or make emotional mistakes.

Michael’s Advice:
“With professional guidance, downsizing becomes less stressful and more profitable. I guide my clients through every step - from listing and staging to finding their next perfect home.”

Final Thoughts: Downsizing Done Right with Michael John Lau

Downsizing is about moving forward, not giving up. With the right plan, expert guidance, and local insight, it can open doors to a more comfortable, manageable, and financially rewarding lifestyle.

Whether you’re just starting to explore your options or ready to make the move, Michael John Lau - the Top Realtor in Markham, Ontario - is here to help you every step of the way.

📞 Start Your Downsizing Journey Today

Work with Michael John Lau, your trusted Markham Realtor and leading agent at Kaizen Real Estate, to make your next move your best one.
👉 Visit www.callmikelau.com to schedule a consultation and get personalized downsizing advice today.    

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Michael Lau

Michael Lau

Agent | License ID: 4784577

+1(416) 700-0286

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