Downsizing? What To Expect.

Nick Bekker
July 21, 2021

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Principal & Sales Agent,

After your kids move out, or in a scenario wherein the extra bedrooms are just not being used, a house that seems ‘too big’ may not be fun. This article will discuss a few changes that can be expected when you shift from a big house to a small apartment or townhouse.

Why Downsize At All?

 Understandably, when you have too much space, you may want to downsize. Typically, the maintenance costs of larger homes are higher and they may even seem empty in case there are very few people who live in the house. Typically, the excess storage space leads to a lot of clutter and many old items. When you downsize to a smaller home, you can maintain an efficient lifestyle without compromising on the luxury.

Ask Yourself: Are You Ready?

 The next question that is important to answer is whether you are willing to move. In case you are retired from work, there may be adequate time for you to move. On the other hand, in case you and your spouse are currently working full-time and you stay near your workplace, finding a smaller home close by is a better option.

In case you own the house where you live right now, you must also list it and sell it as you look to purchase your new home. This scenario is quite common and is not a serious issue. However, you will need to manage your schedules and finances.

The Hardest Part: Choosing What To Keep

 For couples and families who have moved at some point, the most challenging aspect involved deciding what stays and what must be discarded. In case space is at a premium, it is important to take into account everything, right from shoes to appliances. Go through every room in your house and take an inventory of what you have. Do you have any family heirlooms or other items that you can’t discard? Then, look if there is anything that will be usable in your new home? Rest must be considered fair game. You can sell it, donate it or discard it.

Although the shift to a small house can be challenging, it is essentially a lifestyle choice that can help pay significant dividends. Once you are all set to make a move, get in touch with our professional real estate team, we will be glad to assist.

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