Marin County Real Estate Blog

A Smaller Home Could Be Your Best Option

A Smaller Home Could Be Your Best Option | MyKCM

Many people are reaching the point in their lives when they need to decide where they want to live when they retire. If you’re a homeowner approaching this stage, you have several options to explore. Jessica Lautz, Deputy Chief Economist and Vice President of Research at the National Association of Realtors (NAR), says:

“As we see the transition of the large Baby Boomer generation age into retirement, it will be interesting to see if they move in with their Millennial and Gen Z children or if they stay put in their own homes.”

Lautz lists two options: move into a multigenerational home with loved ones, or stay in your current house. Multigenerational living is rising in popularity, but it isn’t an option for everyone. And staying put may fit fewer and fewer of your needs. There’s a third option though, and for some, it’s the best one: downsizing.

When you sell your house and purchase a smaller one, it’s known as downsizing. Sometimes smaller homes are more suited to your changing...

Should You Rent Your House or Sell It?

Should You Rent Your House
or Sell It? | MyKCM

If you're a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it. A short-term rental (STR) is typically offered as an alternative to a hotel, and they're an investment that's gained popularity in recent years. According to a Harris Poll survey, 28% of homeowners have considered using a rental service to temporarily rent out their home for additional income.

Owning a short-term rental can be a tempting idea, but you may find the reality of being responsible for one difficult to take on. Here are some of the challenges you could face if you rent out your house instead of selling it.

A Short-Term Rental Comes with Responsibilities

Successfully owning and renting a house takes work. Think through your ability to make that commitment, especially if you plan to use a platform that advertises your rental listing. Most of them have specific requirements hosts have to meet, and it takes a lot of work. A recent article from Bankrate explains:

Managing a rental property can be time-consuming and challenging. Are you handy and able to make some repairs yourself? If not, do you have a network of affordable...

From Our Blog

Posts By Category

All Categories About Marin (12) Company News (2) Home Buying (135) Home Finance (16) Home Improvement (10) Just Sold (4) Marin Real Estate News and Statistic (14) New Listing (5) Selling Your Home (79)

Posts By Month

Grab Our RSS Feed
Current Homes for Sale
Southern Marin
City # Price Range
Belvedere 14 $4.0m - $29.9m
Mill Valley 48 $865k - $18.0m
Sausalito 21 $449k - $16.0m
Tiburon 23 $1.0m - $20.0m
Central & North Marin
City # Price Range
Corte Madera 9 $1.3m - $2.8m
Fairfax 13 $649k - $2.5m
Greenbrae 12 $150k - $4.0m
Kentfield 8 $1.4m - $10.8m
Larkspur 17 $575k - $4.3m
Novato 86 $109k - $3.6m
Ross 6 $2.0m - $19.0m
San Anselmo 23 $725k - $6.0m
San Rafael 113 $75k - $5.9m
New Listing

Email Alerts

Subscribe Today!
Have

Questions?

Contact Us Now!