Planning your Home Downsizing

Homeowners have long been convinced that living a as large of space as possible is always better, but the reality is complicated. More room means more upkeep, it means more stuff and it means more expensive. This is precisely why people today are looking to downsize to a smaller home.

So, if you’re considering downsizing your current living space, these should be your first steps:

Get down to basics

Take inventory of everything in your home and pare it down to only the items you truly need. Once you do, you’ll have a better idea of how much space your next home should. Have. Donate or sell everything you won’t take with you.

Do some long-term planning

If you have adult children or out-of-town relatives who visit frequently, you may not want to give up have a guest room. If you dream of starting your own business someday, make sure your next home has space for an office or workshop. You might also want to consider how much maintenance you are willing to do in your new home; for example, will you do the cleaning yourself or look for the best house cleaning service in your area to take this task off your hands – perhaps you could even put some of the money you will save from downsizing towards this useful service!

Check out the cost of constructing a small house

If the thoughts of downsizing are serious, then you must consider where you will live next — think tiny houses. A small house has more than one benefit. For starters, it can help you reduce your lifestyle costs. Since you would have less space, it would be easy to cut down on your furniture pieces and expenses; the less, the lower your refinishing costs. Also, think about the amount you can save on your utility bills. A smaller house will need less energy to power itself, thereby reducing your utility bills. If this interests you, you can consider getting a tiny house built with the help of professionals at Ware Design Build – But before you get into the process, enquire about the costs of construction; opt for a free estimate to get a fair understanding.

Think about the cost of moving

Even if you slash your mortgage payments, moving into a small home still might cost you money. Think about whether or not your existing home needs work before you can sell it, whether your smaller home might come with association fees or higher property taxes, and if you’ll need to buy a lot of furniture. Also, think about hiring a moving company (see for more info), and what possessions you should sell and what you should relocate.

For more on home downsizing, continue reading.

Downsizing 101 from Pivotal Home Solutions