Downsizing To A Smaller Home? 6 Practical Tips

Many individuals often downsize their houses due to divorce, retirement, or empty rooms. But house owners can do this at any point in their lives. Some people do this to cut costs and decrease budgets, while others just want to live in simplicity. It’s also worth knowing that 12% of homeowners aged 45 to 60 are more likely to downsize. Admittedly, moving is always a huge shift regardless of your motive, so thorough planning is essential. This article highlights some tips for downsizing to a smaller home. 

  • Draw a budget that won’t affect your bank account

Image credit 

You should begin the process by thoroughly reviewing how downsizing will affect your finances. If you do not already have a budget, set aside an hour or two to develop one that matches your current situation. You can include monthly expenditures such as electricity bills and yearly expenses such as homeowners insurance and property taxes. Create another budget to examine how your finances will look once you relocate. Such costs, such as internet and mobile bills, may remain constant, but others may fluctuate. If you are moving into a rented apartment, keep track of your monthly rent and insurance. 

  • Create a to-do list 

It’s also important to make a to-do list once you have drawn your budget. You should create a binder to keep track of all your belongings, from contracts to invoices and booking information. A list can help you keep organized and on schedule throughout what might be a hectic few weeks. Do comprehensive research by asking family and friends for suggestions and reading internet reviews for local and long-distance house removal companies. Make sure you have a backup plan when you narrow down your alternatives. Know what to do if your first pick moving company fails to meet your expectations. 

  • Rent a storage unit

Consider renting a storage unit if you have stuff you do not use all year but want to keep. While this may seem tedious, that’s far from the truth. Fortunately, a company specializing in house removals can provide short- and long-term storage solutions for storing mementos and seasonal decorations. The money you save by downsizing can help you pay for a storage facility that you can use as a temporary storage fot your goods. It does not necessarily have to be a long-term solution. Instead, reserve the storage unit for ‘maybe’ things and commit to emptying it by a specific date. You can, for instance, give yourself three to six months and determine that whatever you have not used by then can go. 

  • Sell any extra furniture left

Large furniture like hutches and sectional couches may not fit well in a tiny home. But they may be quite valuable if sold online. Consider putting the sale money towards new objectives that take up less space in your house. If you want to downsize to a smaller home, visit small model homes to get a sense of the furniture mix that will work. You might consider bringing along a measuring tape and note to track the furniture dimensions you prefer. 

  • Allow yourself plenty of time

Image credit 

Unless you need to downsize urgently, take it one area or room at a time. If your house is cluttered with boxes and mounds of stuff, you are more likely to give up if you try to sift through everything in a short and rushed period of time rather than setting aside time to focus on one room. If you are downsizing due to losing a spouse, seek assistance from a relative or friend; it can be especially tough to decide what to retain if you are still mourning. 

Featured post

© Copyright 2023 Antonia, All rights Reserved. Written For: Tidylife
Sign Up
A customizable subscription slide-in box to promote your newsletter

I consent to the terms and conditions