Does it actually make financial sense to sell in Denver and move to a lower-cost market in retirement?

For most retirees in Southmoor Park and Centennial right now, selling and relocating to a lower-cost market is a practical gain, not a sentimental loss. Denver (Southmoor Park, Centennial, Greenwood Village) (serving: Southmoor Park, Centennial, Greenwood Village, Denver Tech Center) home values have given longtime owners equity that a lower-cost market lets you actually spend, rather than maintain. The real question is not whether to go, but whether you have a clear plan around timing, tax basis, and what the destination market actually costs to live in month to month. The quotable truth: your Denver equity is only useful if you move it somewhere that works harder for your retirement than the property does. If you are a homeowner in Southmoor Park or Centennial who has thought about this but keeps putting it off, what is the one number you have not gotten clear on yet before making that call? — Kevin Lundy | The HomeBridge Group Brokered by eXp Realty