If your children have left for college or maybe to start families of their own, your home might be suddenly quieter and better organized than it’s been in years. Now that you can finally hear yourself think, you may have realized that you have more space in that big house than you know what to do with. If you’ve found yourself with an empty nest, downsizing might be the perfect solution for your new lifestyle needs.
Here are five things to consider when thinking about downsizing:
1. Larger homes cost more
If your house is paid off, you might not think about how much you could be saving by downsizing, but it could be a hefty sum. There are still taxes, insurance, and energy bills that all cost much more with a larger home. By moving to a smaller space, you can cut these costs significantly.
2. Less clutter
We all hold onto things we don’t need. Downsizing is a perfect time to give away all those extra dishes or throw pillows you’ve been hanging onto, and free up some closet space in the process. If it doesn’t have a function, you can toss it!
3. Achieve your ideal lifestyle
Do you want to live near the center of town, close to all the shops and excitement? Or do you want to live in an idyllic farm country in peace and quiet? Whatever your goals, they’re now in reach. Now that the kids have moved on, you can finally get a home where you’ve always dreamed of living.
You might be emotionally invested in that home that you raised your children in, even if it’s far too big for your needs now. But don’t let that stop you from moving on. Just think: now a new young family will be able to move in and begin a new chapter of their lives there. And you’ll be free to begin a new chapter for yourself.
5. Don’t wait too long
If you’re planning to downsize anytime in the near future, sooner is always better than later. Taking time to settle into routines again after the kids leave means you’re more likely to just keep putting it off.
Ready to save and simplify? MoveUp America’s Right Size program has the solutions you need. Give us a call today!