Rightsizing: lateral thinking leads to the perfect home

Instead of simply downsizing to a cheaper option, canny buyers are opting for low-hassle, sustainable houses and apartments that are a better fit for their needs

Lioncor’s 143 Merrion Road scheme, beside St Vincent’s Hospital, Elm Park golf course and Sandymount Strand: increasing numbers of buyers are looking to retain a substantial home while reducing the maintenance required and, in particular, the upkeep of their gardens

The concept of ‘rightsizing’, has been trending in the global property industry for a number of years. It was initially developed to reflect the downsizing lifestyle trend towards luxury apartment living.

Knight Frank has compiled a report on the lifestyle trend based on the agency’s experience of what its prime housing and apartment buyers want, what the key trends in the market are, the demand and supply dynamic and its impact on pricing.

“The practice ...