There are plenty of reasons some might want to move to a smaller house, according to Home Light. For seniors, a larger home may pose safety risks such as steep stairs or a difficult hallway. Others may face financial problems such as high housing expenses or little money left in the budget. Furthermore, large homes are difficult to clean and maintain, and if you don’t use all the rooms, it may make sense to move into a smaller space. Those who are not associated with their area either with work or family members may want to move as well. Finally, perhaps you are longing to change your lifestyle or want to be closer to family or friends.
Moving is always a lot of work, but if you are also moving into a much smaller space, there are a lot of difficulties that you may need to overcome. Before you decide to downsize, you’ll need to consider a few things, 12 of which are listed below.
1. You will have to give away most of your possessions
You should first think about all your current possessions – if you have too many, you will have to say goodbye to some items. Those with close family members can give them away to cherished homes, while others can consider donating or selling.
2. Emotional elements are hard to get rid of
While most people understand that downsizing all your belongings takes work, not many really know how difficult it can be to part with the elements, especially emotional ones. Before downsizing, consider if this is something you really want to do.
3. Avid shoppers will need to drastically change their lifestyle
When preparing to downsize, it’s important to stop buying anything you don’t need like home decor, which can be tough for those who love to shop.
4. Items may take longer to sell than you expect
Downsizing will require you to get rid of some large pieces of furniture, which you may want to sell online. However, don’t wait until the last minute to start this process, it can take longer than you expect, and the sooner you get rid of the items, the better.
5. Consider how important hosting is to you
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If you’re moving from a large, multi-bedroom home to a one-bedroom apartment, for example, you’ll need to consider how important hosting is to you, since you’ll have less space for guests to stay in.
6. Make sure you have enough space
This may sound obvious, but it’s very important: When considering downsizing, think about your current lifestyle and how much space it requires. If you like to paint, exercise, or do another activity around the house, will you have enough room to do the things you love in your new space?
7. Think about security measures
Many think of how important security systems are when living in large homes, but not everyone thinks of adding these features to a smaller space like an apartment. However, security is important no matter where you live, so you may have to invest in a system that will work in your new space.
8. When selling, don’t forget about hidden costs
Many downsize to save money, but it’s easy to overestimate how much you’ll get when you sell your home. Consider everything from hidden costs to the cost of living in your new neighborhood to determine how much money you’ll really make.
9. Research the area of your new place
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It is also important to see if your new region has some of the same features as your old region. For example, look at far distances such as the grocery store, restaurants, shopping areas, movie theaters, and the gym, and consider if you would like to drive that far.
10. Think about how long you plan to stay
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While some shrink for good, others do it for a short period of time in order to save money. If this is the case for you, you may be able to make more sacrifices when it comes to available space and amenities in the area.
11. Compare neighborhoods
Those who weren’t very fond of their neighbors might have an easier time downsizing than those who were best friends with the people they lived around. Consider what you’ll have to give up to get away from your neighbors and what benefits you might gain in your new location.
12. Weigh the benefits against the negatives
Ultimately, the decision to downsize should boil down to: Will this choice improve your quality of life? Perhaps you are approaching to be closer to the family or to save money to pay off debts; Both scenarios are more likely to improve your life than negatively affect it.