Realtor Joanne Brodersen with DFH Realty stands in front of a home she is selling. A person or couple downsizing from a multi-story house might find a bungalow fits their needs.

HOMEFINDER: Empty nesters looking to downsize

Besides the physical aspect of moving, the emotional aspect is often a factor

For many parents whose children have grown up and moved out, they are left with a big house to themselves and are looking for a change.

Making the decision to downsize and leave the family home can be daunting for some, but local experts say it does not have to be with the right help and information.

“It’s just such a daunting process,” said Joanne Brodersen, realtor with DFH Real Estate. “[But] it’s not as scary as it seems. With the right people helping you, that transition can be made much more smoothly than it appears at first.”

Besides the physical aspect of moving, Brodersen said the emotional aspect is often a factor as well, in terms of memories associated with the home. She advises going through items in the home and deciding what can be given away and what should stay when looking to move to a smaller place.

“There’s so many people that can use those things that are sitting in your house that have been collecting dust for the last 20 years because no one’s used them.”

While retirees and downsizers have slotted themselves in to various parts of the West Shore, Brodersen says the phenomenon reaches across the Capital Region.

“I think what it is, is that there are so many baby boomers (reaching that stage),” she said.

Bill Ethier, managing broker president of Royal Lepage Coast Capital Realty, said one of the main challenges for many people who are downsizing is being used to the amount of space they had before.

He said most people who downsize are going from a single-family home to a condo.

“It’s easier to go up in space because you acquire more stuff as you move up, but going down it’s making the decision of what to eliminate from your life.”

Another challenge for some people is having unrealistic expectations of how much space they can get within their budget, said Ethier. He said people often wonder how they are going to live in a much smaller home.

“Get out there and look at properties and do comparisons and get an idea of what a square footage is,” said Ethier. He added buyers should measure the rooms in their own homes in order to be able to compare it to homes they are looking to move into.

Brodersen has led downsizing seminars the past couple of months for people looking for more information and advice. The events include multiple speakers, including herself, a mortgage specialist and a financial planner.

“We find so many people are thirsty for this information,” Brodersen said.

“If you know how it’s going to go, it’s not quite so frightening.”

For more information about upcoming downsizing seminars, visit joannebrodersen.com or call 250-477-7291.

Q: HOW WELL DID THE HOUSING MARKET PERFORM LAST MONTH?

November real estate sales have proven brisk.

The Victoria Real Estate Board announced 465 property sales in the Victoria region this November, surpassing 2013 sales of 412 by 12.9 per cent.

“This year has been great for Victoria real estate, we’ve seen a friendly market for buyers and sellers thanks to steady pricing and low mortgage rates,” said Victoria Real Estate Board President Tim Ayres. “By early last month, sales in the Victoria area met the number of total sales we saw for the entire year of 2013, and now we are 5.18 per cent over last year’s sales with another month to go.”

The Multiple Listing Service Home Price Index benchmark value for a single family home in the Victoria Core was up to $489,000 from $482,300 last year, for an increase of 1.4 per cent.

“Another statistic to watch is the number of active and new listings,” Ayres continued. “682 properties were listed this November, and the total number of properties listed for sale including those newly listed was 3,631. That’s 9.6 per cent fewer properties for sale than November last year.”

GREATER VICTORIA MARKET UPDATE » Month ending NOV. 30/14  COURTESY VICTORIA REAL ESTATE BOARD

» 465 / 412 — NET UNCONDITIONAL SALES/ TOTAL,  NOV. 2013

» 682 / 714 — NEW LISTINGS / TOTAL, NOV. 2013

» 3,631 / 4,017 — ACTIVE RESIDENTIAL LISTINGS / TOTAL, OCT. 2013

Just Posted

Power outage planned for Victoria General Hospital

Island Health says essential services and patient care won’t be impacted during Oct. 19 outage

Free firework safety courses coming to the West Shore right before Halloween

No permit? You could be fined anywhere between $100 and $10,000

Bonfires allowed in Saanich for $10 but only on Halloween night

Residents can purchase permits at any Saanich fire station

Fairfield-Gonzales residents aim to establish senior care phone line

The Fairfield-Gonzales Village would allow seniors living alone to have a direct line to resources

Vendors open doors to new futures at Black Press Extreme Education & Career Fair

More tham two dozen employers, educators signed on for Victoria event

VIDEO: Greater Victoria, here’s the news you missed this weekend

Dog killed in alleged hit and run, Goodlife Marathon takes over city and more

‘Save the kids!’ Dorian survivor tells the harrowing story of his Canadian wife’s death

Family held a funeral and placed Alishia Liolli’s remains in a niche at a cemetery in Windsor, Ont.

Okanagan woman, 91, votes at advance polls despite broken hip, shoulder and wrist

Angela Maynard has voted in almost every election during her lifetime

Heiltsuk Nation open first Big House in 120 years in northern B.C.

Opening means the community now has an appropriate space for spiritual and ceremonial events

Singh says NDP would form coalition with the Liberals to stop Tories

Singh was in a Liberal-held riding Sunday afternoon in Surrey where he was pressed about his post-election intentions

‘My heart goes out to the mother’: B.C. dad reacts to stabbing death of Ontario boy

Carson Crimeni, who was also 14, was bullied relentlessly, his dad says

The one with the ‘Friends’ photoshoot: Kelowna group recreates TV show intro

A friend’s departure prompted them to create something that really says, “I’ll be there for you”

Canadian Snowbirds plane crashes before air show in Atlanta

Pilot lands safely after ejecting from jet

Share crash data, private insurers tell David Eby, ICBC

B.C. monopoly makes drivers retrieve their own records

Most Read