Planning To Retire? Your Home Equity Can Help
Studies show that 10,000 Baby Boomers reach the retirement age of 65 every day. If you’re thinking about stepping into this new lifestyle, you may be considering a new place and/or a smaller home to live in. If you already own a home, you’ve likely built up significant equity that can help fuel your move.
In the foothills west of Denver, the average home has doubled in value over the last 5 years. So if you paid $500,000 for your home in 2017, it may be worth over $1million today. This sizable equity in your residence may be the key to financing your retirement. Whether you want to downsize, move closer to loved ones or buy a home in a dream destination, releasing the equity in your current home may be the key to a lifestyle that better fits your changing needs.
To find out what your home might sell for in today’s market, contact Tupper’s Team for a free, no-obligation analysis of value. 720-248-8757, [email protected].