What to Do When You’re Ready to Downsize—But the Right Home Isn’t on the Market
By Frank Campobasso, Century 21 Circle
Call 773-425-6265 for a personalized in-home consultation.
Downsizing can be one of the smartest moves homeowners make—especially when looking to simplify life, cut costs, or prepare for retirement. But what happens when you're ready to move on… and the right options simply aren’t available on the market?
In today’s competitive housing environment, low inventory has become a common issue, especially for downsizers seeking smaller, more manageable properties in established neighborhoods. But don’t let that stop your plans. There are several smart strategies you can take to move forward confidently, even when your ideal next home isn’t immediately available.
1. Start with a Clear Plan
Before you list your current home or even begin house-hunting, take time to define what downsizing really means for you. Is it about reducing square footage, simplifying maintenance, lowering costs—or all three? Once you have a clear vision, your search will be more focused, and your decisions more confident.
2. Get Pre-Approved and Market-Ready
Being financially ready and pre-approved puts you in a stronger position to act quickly when the right home appears. Similarly, having your current home ready to list gives you more flexibility to negotiate timelines and leverage your existing equity.
3. Explore Temporary Housing Solutions
If you sell before finding your next home, consider short-term rental options, extended-stay hotels, or even staying with family. While not ideal long-term, these solutions can give you the breathing room to wait for the right property without rushing into a less-than-perfect fit.
4. Widen Your Search Criteria
Sometimes, the perfect downsized home isn’t where you first expected. Expanding your search by a few zip codes or rethinking your must-have list (such as yard size or HOA restrictions) can open up new possibilities. As a seasoned buyer’s agent, I’ve helped many clients discover hidden gems they initially overlooked.
5. Consider New Construction or Custom Options
New developments often offer townhomes, condos, and ranch-style homes ideal for downsizing. Even if move-in dates are a few months away, getting in early may let you choose finishes, layouts, and locations that align perfectly with your needs.
6. Partner with the Right Real Estate Expert
Navigating a tight market takes experience, connections, and creativity. With over 20 years of real estate experience, I specialize in helping downsizers make smart moves—even when inventory is limited. From identifying off-market listings to negotiating flexible closings, I work to find solutions that align with your goals and timeline.
Let’s Make Your Next Move the Right One
If you’re considering downsizing but feel stuck due to lack of inventory, you don’t have to navigate it alone. Let’s talk strategy, explore your options, and get you on the path to a simpler, more comfortable lifestyle.
Call me today at 773-425-6265 for a personalized in-home consultation.
Frank Campobasso – Century 21 Circle
About Frank Campobasso
With over 20 years of industry experience, Frank Campobasso is a seasoned real estate expert known for marketing single-family homes, townhomes, condos, multi-unit buildings, and investment properties. He is also a highly successful buyer’s agent, known for helping clients navigate competitive markets and secure the right home at the right price. Dedicated to achieving outstanding results, Frank prioritizes customer satisfaction, ensuring that his clients’ homes sell quickly and for top dollar. His expertise in pricing, preparing, and showcasing listings has earned him recognition in leading real estate magazines, newspaper articles, and radio programs.
