Few people will think that moving out of a large house where they’ve built memories to a smaller property is a cause for celebration. However, if your large house is becoming a burden on your lifestyle, this is something you must consider.
What if we told you of 5 ways that downsizing your home will actually benefit your lifestyle? Read on to find out if downsizing is the right decision for you.
1. You Will Save More Money
Almost immediately when you downsize your home, you will notice you’ve started saving money that use to go into your house’s maintenance and payment of utility bills. This will not only give you the flexibility to use that cash elsewhere, such as for travelling, but it will also mean you can increase your savings for a rainy day or retirement.
2. Easier Maintenance
A large house demands a lot more attention and care in comparison to a smaller home. If you’re starting to notice that your knees don’t work quite as well as they used to, or that mowing the lawn is a much harder task than it used to be, maybe it’s time to consider a living space that is easier to manage.
3. More Utilized Space
While downsizing may reduce the overall space of your house, it helps increase the space you utilize. In a larger house, there will inevitably be rooms or corners that you do not need or particularly use. This extra space is helpful if you have a large family living with you or visiting frequently. However, as kids move out and trips back home become rarer, a large portion of your house could be sitting unused. In comparison, a smaller property will feel more accessible and personal since you will be able to maximize the space.
4. Less Junk
Having less space to store your junk will automatically mean you keep less junk. Possessions can quickly become clutter, and downsizing your home will mean you will be forced to re-evaluate whether you really need to keep your third grade spelling bee trophy or whether it needs to hit the bin. A cleaner, less cluttered space has been shown to have positive psychological impacts too.
5. Peace of Mind
If you downsize at the right time, before you lose the mobility and energy to do so, you won’t need to worry about doing it later. It may seem too simple to take seriously but in the long run, timing matters. Downsizing sooner rather than later means you will have more autonomy over how it is done and can ensure you aren’t depending on other people to help you make choices best suited to your own needs.
Downsizing challenges a lot of the preconceived notions people have growing up about success and wealth. In reality though, a big house does not always spell a luxurious lifestyle, especially when they come with expensive upkeep and demand a lot of energy.
Ready to sell and downsize? We can help. Get a free home valuation from us.