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Home Real Estate

Benefits of Downsizing into a Smaller Home

by I'm From Denver
June 1, 2021
in Real Estate, Trending
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Downsizing might not be an ideal idea for some but there are plenty of reasons for downsizing to a smaller home. Pocketing and savings the extra cash is a plus or maybe you’re ready for a new adventure and eager to move to a high-rise condo in the city. The kids might have just graduated and are off to college so you don’t need the extra bedrooms and bathrooms anymore. Stop wasting money on furniture, electronics, appliances, and home items that are used to fill space rather than to fulfill a function.

Save money

For many, it does make sense financially to downsize, but there are plenty of other reasons for wanting to relocate to a smaller property. Downsizing your home can be the first step to a minimal and streamlined life. You will be surprised how reducing your daily chores and maintenance will free up your time for leisure activities, spending time with your family, getting more rest, and maybe loving your home more than loathing it.

 

Downsizing allows you to travel more. 

Having a large home can be a burden for traveling  If you decide to downsize traveling can be less of a hassle when you need to leave your home for extended amounts of time, especially if you downsize to an apartment or condominium unit from a stand-alone house.

 

Save energy 

An added benefit to moving into a smaller home is a lower energy bill in the warmer and cooler months. If you are curious to find out how a smaller home and energy-efficient appliances and systems could work in your home, contact your local home energy provider. They often can give you an audit of you current usage and estimate how you can save.

 

Simplified lifestyle

Although usually not the focus of downsizing, one of the positive side-effects is a simpler lifestyle free of stress and mundane tasks. Moving into a smaller home or a townhouse eliminates a lot of tasks that can keep you from doing the things you dream about. A smaller home and fewer belongings:

  • Take less time to clean
  • Need less routine yard work
  • Cost less to maintain

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