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What to Consider When Downsizing a Home

Downsizing Your home: What to Consider & How to Do it

Downsizing a home can occur for many reasons. You may need to downsize due to financial obligations, a desire to live simply, having too much house, divorce, moving in with a significant other, or for some additional reason. Tiny houses are also trending, so maybe you’ll be downsizing to hop onto this wagon. Whatever your reason for downsizing, you’ll want to consider the following before committing to this decision. We also have some tips for you to make downsizing stress-free.

What to Consider When Downsizing

First, think about why you are downsizing. If you’re doing this to save money, consider the upcoming costs. There will be closing costs which you must pay when you sell your house. You will also have to pay for moving your furniture, whether you’re renting a truck or hiring a moving company. Also think about the furniture you have. Can these items fit into your smaller home? If not, you will have to buy new furniture to fit your home. Are you moving farther away from work, school, or other places you or someone in your home goes on a regular basis? If so, you must factor in the additional cost of transportation from your new home. These are all additional costs to consider before making the commitment.

Also consider your attachment to your home and the items in it. Can you happily live without them? If so, then go ahead and downsize. If not, consider what is more important, the attachment to your home or the reason you want to downsize. Another factor to consider is the possibility of kids or a family member wanting to move in. Maybe you have a college student who goes to school nearby and needs a place to stay. Will you be able to or want to accommodate them?

Tips to Downsize

Alright, so you’ve decided that downsizing is the way to go, but where to start? Easy, just follow these easy tips, and you’ll be stress-free on your way to your new home.

  • Start off by thinking about what is and isn’t important. If you were to come home to an empty house, what would you immediately want replaced? Keep those items. If there’s something that you could do without, donate those items.
  • Make three lists – must haves, could exchange, and nice-to-haves. The first to consider getting rid of are the nice-to-haves. Yes, it may be nice to have multiple ice cream scoops in case one is dirty, but it’s not a necessity. The “could exchange” list are items that you’ll keep, but if the time comes that you need to trade these out for something smaller (i.e. a TV or couch), you’ll be fine doing so. If you’re moving in with a significant other, make sure you aren’t both bringing the same items.
  • A smaller house means having less room to entertain. This being said, you may no longer need 20 place settings – your new home simply can’t accommodate that. Bring only what you can use.
  • Think about possible storage in your new home. One helpful tip is to use the walls. Walls offer lots of available storage space – if you do it right. Put shelves on unused walls to store items. Another hot storage spot is under the bed, and I don’t mean tossing everything under there to never see again. Use boxes that can fit underneath the bed to store essentials like shoes and clothes. If you still have an excessive amount of items, you can consider renting a storage unit.
  • How many kitchen and bath cabinets do you have in your home now? Okay, now how many do you have at your new home? Let’s say you have 12 now, and are going down to 8, make sure you reduce items in these cabinets by at least 4 cabinets worth. This will ensure your items will fit into your home.

Now bring these habits into your new home. This will make it easier to keep your home organized and free of clutter.