Thinking of delaying downsizing? It could cost you more than you think

October 28, 2026 — 5:01am

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The most common downsizing regret I hear isn’t selling at the wrong price, it’s not making the move sooner. When property prices fall, it is tempting to put your downsizing plans on hold.

Nobody wants to sell their home for less than they think it was worth six months or a year ago. But before you decide to wait, ask yourself three questions.

Have you really lost money or just missed the peak? If you have owned your home for decades, chances are you bought it for a fraction of what it is worth today. Even if the market has softened, you can still be selling for a considerable profit.

Take a home that was worth $1.2 million at the start of the year but........

© The Sydney Morning Herald