10 Upsides of Downsizing

10 Upsides of Downsizing

Need a breathe of fresh air in your life? Consider downsizing both your space and your stuff. With less space and fewer possessions to worry about, you can spend less of your time and money caring for, cleaning, organizing, and maintaining things and focus on other priorities.

 

  1. As you hit your Boomer and senior years, you need less space. A large home with multiple levels and a big yard represent your past, while a smaller house, condo, or apartment is the present.

 

  1. Even if you want space, you may enjoy selective downsizing. For example, you may want a large master bedroom, but fewer secondary bedrooms or an open concept kitchen-living area, but not a big dining room. A new place can meet your needs and preferences now.

 

  1. A smaller home or condo may cost less, though this is not always true in terms of the purchase price. If the space is right for you, even paying an equivalent or higher price may be worth it.

 

  1. If you have less space, your utilities cost should be less.

 

  1. Moving to a smaller home usually means ridding yourself of some furniture. Since some pieces won’t fit the space, you may abandon it all and splurge on new pieces that are perfect for the space. When you find your new place, measure the new space (including the door jam), eyeball the angle of the staircase, and lay out the furniture on a blueprint to help you make a decision about the fate of some furniture.

 

  1. Consider the move a fresh start. Be merciless about cutting down on clothes, kitchen gadgets, hobby equipment, and other things you don’t use. Reducing the volume of “stuff” will make your move easier and help you get settled in your new home.

 

  1. As the items that won’t make the move pile up, use Kijiji, garage sales, Craigslist, ads, or signs at the grocery store to sell it. Alternatively, donate all or part of it to an organization or a needy familiar. You will feel satisfaction if you get time or money for your efforts.

 

  1. If you have collectibles, jewelry, household goods, or other treasures you want to give to your kids or grandkids, distribute them as you downsize. You will reclaim the space and have the pleasure of seeing your prized possessions in use.

 

  1. If you discover you still have more than you need move into your new home, don’t be afraid to continue the purge as you get settled to make sure your home stays uncluttered.

 

  1. Though you might feel sad as you let go of your big house and stock of possessions, revel in the fact you are downsizing on your own terms.

 

Downsizing is a process but a rewarding one. It can be an opportunity to right size your life and move onto the next chapter with more independence.

 

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Roy Thomas SRES is a Senior’s Real Estate Specialist and a REALTOR® with Sutton Group-Professional Realty. Licensed since 1991, much of Roy’s practice is helping retirees with their later in life moves. Roy can be reached at 902-497-3031, by email: RoyThomas@RoyThomas.ca or read other articles online at www.HalifaxSeniorLiving.ca

 

 

 

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 10 Upsides of Downsizing

 10 Upsides of DownsizingRoy Thomas SRES® (Senior’s Real Estate Specialist) is a REALTOR® with Sutton Group Professional Realty. Since 1991 Roy specializes in helping retirees with their later in life real estate transactions. If you are contemplating a move and would like a complimentary copy of Roy’s guide to downsizing entitled “Preparing to Downsize” please click here