At the last count, 8-10% of the UK were thought to be empty nesters (parents whose children have all left), and the initial change brings up mixed emotions. Everything from grief, to relief.
Wherever you sit on that spectrum, it’s also a time of transition and choices: should you keep your home as it is, change how you use it, or start a new chapter somewhere else?
With so many options and a wide-open future, we thought you might find inspiration from our experiences with other empty nesters, so you can choose whether to:
- Upgrade your home.
- Reclaim your space.
- Declutter and downsize.
- Create extra income.
- Plan to stay forever.
So whether you’re sure you want to stay, certain you want to sell, or simply playing with ideas around what to do with your empty nest, this week’s blog is for you!
UPGRADE YOUR HOME
Although children moving out can leave a vacuum, it’s a whole lot easier to invest in major upgrades with fewer people living at home, and some typical empty-nester examples include:
- Kitchen and bathroom remodels. Often put on the back burner, given the disruption to a full household, they can transform the luxury and experience of your home.
- Energy efficiency. Slash your bills and ramp up your comfort and cosiness with upgraded insulation, an advanced heating system, or high-performance double-glazing.
- Sun worship. Inject style and easy maintenance with garden landscaping or add a modern conservatory for a room that’s showered in daylight, even in winter.
As a bonus, remember that adding value gives you more options down the line, from buying a second home to boosting your buying power if you ever decide to sell.
RECLAIM YOUR SPACE
There’s no question that an empty nest can feel strange at first, but as you get used to the extra space, you have the chance to spread out after years of dedicating rooms to your children.
Some of the heartwarming transformations we’ve seen include:
- Turning empty bedrooms into spaces to paint, craft, read, write or nurture a dormant passion project.
- Creating a yoga or fitness space to stay active and in shape without the costs of a gym membership or even having to leave the house.
- Adding a cinema room with a fantastic couch, big screen and surround sound for top-notch movie nights (or an extra option if you can’t agree on a film or series).
Repurposing rooms for your personal joy, health, and relaxation is a quick and easy way to begin a new era of enjoying your home and to finally make it all about you.
DECLUTTER AND DOWNSIZE
If it feels a bit odd living in a house of empty bedrooms after your children have left, downsizing could be the answer to simplify your life.
It’s rarely a decision taken lightly, and even the idea might feel overwhelming, but allow yourself a no-obligation moment to focus on the kind of future you dream about. It might include:
- Moving to somewhere you’ve always wanted to live, from a quiet country cottage to a city centre pad or a home by the sea.
- Having a smaller home in your current neighbourhood to reap all the benefits of downsizing while retaining your familiar surroundings and local friendships.
- Living closer to other family members for closer ties, caring for your own parents, or becoming an active grandparent.
If that’s given you food for thought, take a look at our earlier Stress-Free Downsizing https://www.fifeproperties.co.uk/blog/stress-free-downsizing-swap-a-home-thats-too-big-for-happiness-financial-freedom-and-your-ideal-lifestyle/ blog, or get in touch to find out your home’s value and what your budget will get you if you move.
CREATE EXTRA INCOME
If you know your home is too large but you don’t want to move out, you could turn it into a money spinner in any number of ways, including the following ideas.
- Taking in students or professionals as lodgers. The first £7,500 per year is tax-free with the Rent a Room scheme, and students often leave in the summer, giving you time off.
- Alternatively you could list rooms on Airbnb for occasional guests as and when you please, block them for when your children visit, and get the same tax-free allowance.
- Getting planning permission to divide your home if it lends itself to conversion, then selling off or renting out a portion of it while you live in the rest.
If you’d like some advice on whether your home is suitable for converting into multiple properties and what they’d be worth, contact us at: https://www.fifeproperties.co.uk/contact/
PLAN TO STAY FOREVER
It’s an inescapable fact that we’re all getting older, and if you feel you never want to move, it’s wise to think ahead about how to make that work.
You may be many years away from needing to make modifications, but it’s worth considering whether your home will support measures like:
- Swapping the bath for a sumptuous walk-in shower (or installing a shower room downstairs) that’s easy to clean and more accessible.
- Installing an extra handrail or stair lift if your home has multiple floors.
- Adapting the ground floor to provide a bedroom, so you don’t need to use the stairs.
This is one of the main reasons why many people choose to sell up and move to a single-storey home, like a bungalow or apartment, to keep their entire home accessible and usable.
What’s your next step?
Whether you want to renovate, repurpose, downsize, or prepare for later life, there are numerous ways to make things work.
We’re always on hand to help you make wise and well-informed choices, so contact us on: https://www.fifeproperties.co.uk/contact/ for a chat about your home and future.
