Downsizing is a popular choice when retiring or when needs change.

Published | Written by Steve Hudson

Is it time to downsize? 

Are you tired of running a house with too much space? Too much yard to maintain? Do you feel overwhelmed by the amount of upkeep? Have the children all moved on to places of their own? 

Downsizing is a popular choice when retiring or when your needs change, and with inflation still high, it can be a way to reduce costs. 

Downsizing to a smaller home can significantly reduce monthly expenses, lower your energy bills, and free up some of your time.

Here are some ways downsizing can be a positive:

  • You can manage your space more efficiently when you downsize to a smaller home. You can streamline your belongings and discover how to use your area best. Even if you’re moving from a large house to a smaller one, it’s possible to make the most of the space you have. 

  • Downsizing can also help you save money. Smaller homes are cheaper to insure, heat, cool, and maintain. With lower costs, you’ll have more monthly money that can be saved or spent on things you want. 

  • If you’re considering downsizing, ask yourself if you need all that space. A smaller home doesn’t mean a compromise on quality of life. It can open up a world of possibilities. You can travel more, move more freely, and enjoy more time with family and friends. 

  • When you downsize, you take a proactive step to improve your life. With fewer things to care for, you can focus on creating the life you want. It’s an opportunity to purge your space, detox, and declutter your life. 

Your home equity can fuel your move! 

According to CoreLogic, the average American has more than 302,000 dollars in equity in their home. Your equity can cover some or all of your transition expenses to your new home. 

Don’t look at downsizing as a sacrifice but as a positive opportunity to improve your life. Get creative with storage solutions and embrace the idea of owning less. You’ll be surprised at how liberating and freeing it can be.

As we always say, Moving is about a lifestyle change. If you’re ready to make a lifestyle change to a more efficient space, contact us today at 704-569-5056 or contact us with the chatbox on our website.

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