Your taxes and insurance will always be less than with the addition of a mortgage.
A younger buyer without inheriting will always pay more than you currently do... and will do so willingly.
Investment in a smaller home allows for higher quality, investment in other assets, and in relation that should bring with it lower taxes and insurance comparatively to the larger homes around it. Also savings in energy costs comparatively. The problem in when the investment in other assets are depreciating assets.
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