Downsizing does not have to mean a Tiny House

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Financial Benefits

For many years, people bought houses thinking “bigger is better”.  It was a sign of success to have a “McMansion”  Now, there seems to be a movement against that.   There are many financial benefits to downsizing:

  • Less maintenance/expenses
  • Lower mortgage payments
  • Lower tax bills and lower utility bills
  • Potential to save more money for the future and more disposable income to spend on fun

Emotional benefits

Many people downsize to be closer to their family.  When every dollar counts towards maintaining a household, everyone has to work harder and that doesn’t leave much time for family.  By moving to a home with less financial burden, you have more time for the things you love.  There is also more togetherness in smaller spaces. It  makes you appreciate what you have. I know I’d rather be outside playing with my children then inside cleaning multiple bathrooms in my house!

Think “Rightsizing”

downsizing or rightsizing?

 

The real idea isn’t about living with less…. it’s living with what you really need.  Finding a house that is “rightsized” can bring you financial and emotional security.  It’s using what you really need instead of what you think you need. It is also another way to make a positive impact on the environment with less consumption overall.

The idea of eliminating some of your possessions may seem hard at first, but think of it in the same way as when you sell any house… you begin with the 3 D’s.  Declutter and donate are obvious.  Instead of Depersonalize, think of it as letting go of some personal items to make room for the new treasures you find in the future.

 

Ready to Downsize or Rightsize?  Contact us for more information today!

 

 

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