Downsizing your home can seem like a step back for many people, but bigger doesn’t always mean better! Whether you’re waving off your youngest child as they embark on the next chapter of their life, or you’re approaching an age where owning a 4 bedroom family home is no longer necessary, there are many reasons why people decide to downsize, and there are many benefits to it as well!
It’s a money saving machine!
One of the main reasons for downsizing is the money you will save along the way. As well as the money you can save from actually selling your home and buying a smaller one, you can also save on your monthly household bills, on your mortgage and on your home insurance.
A smaller property almost always means less maintenance. Once you’ve downsized there will be no more cleaning of those spare rooms you barely use. Swapping your large home for one with a smaller garden was also mean that you spend less time and effort keeping your lawns and hedges in order, and instead, you can focus adding some potted plants and a simple splash of colour to your garden.
For many older people, the reason they choose to downsize is because smaller properties offer more mobility and an easier quality of living. It’s no coincidence that the majority of trips and falls happen when using the stairs. Downsizing to a bungalow or a first-floor apartment will eliminate this risk.
A chance for a clear out
Moving into a smaller home will mean that you’re forced to clear out your old home. This will give you a chance to get rid of all the clutter you said you would bin a year ago. Items with any value can be sold, earning you a little extra cash. Or equally, they can be donated to charity. Many charities such as The Benjamin Foundation will even collect large furniture from you. Being forced to get rid of some of your belongings will also help you organise your life and find value in the possessions that you do keep.
Opportunity for a life style change
Downsizing your home gives you the chance to start fresh, whether that is relocating to a different part of the country or even just trading a quiet Norfolk village for the lively Norwich city centre as there are more options available when you’re not restricted by size. The money you save from downsizing can also be put to other uses and can be spent on enjoying your life more.
If you’re thinking of downsizing your home, Norfolk Property Online has a variety of properties across the county that could be perfect for you! Get in touch to find out more. We can be reached on 01603 300 900 or by email: [email protected]