The Three Best Tips On Downsizing

Real Estate

 Downsizing

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The Three Best Tips On Downsizing

 

Time goes by so quickly. It may feel like just yesterday you were only just starting your family. However, as we age, taking care of the home we have raised our family in simply may no longer make sense. When it’s time to downsize, it’s important to know where to begin.

 

What to Let Go

When you’re downsizing your home, you need to understand that you’re going to have to downsize other aspects of your life. Furniture is something that you may well need to replace or discard. A large sofa may not be practical in a small living room. Your dining table may not make sense to hold onto if you don’t have a dining room. You will most likely have less storage space overall, so be prepared to get rid of many things. Keep what is important to you, such as family treasures, and consider having family and friends over to go through things they may want. If you have children who recently purchased homes of their own, check to see if they want to take some of your furniture with them. Once family and friends have passed through, really take a hard look and decide what you can live without.

 

Choosing Your Home

Often, the benefit of downsizing means you have more choices when deciding where you want to live. It is, therefore, a good idea to take climate into consideration when you move. Do you want to live somewhere tropical? Do you want to avoid snow? Do you need somewhere dry to take care of your joints? Maybe you just want to move a few blocks down, into a smaller house that’s easier to manage.

 

When you do narrow down your search, it’s smart to factor in other costs into the total of the home purchase. Accessibility is essential, and you will need to take into account how feasible it will be to adapt your new home to your physical needs as you age. For example, you may have found a two-story townhouse that is within your budget, but as you get older, how will your knees tolerate walking up and down the stairs every single day? Look at the kitchen and the bathrooms of each home and think about whether you will need to remodel them to make them accessible. According to HomeAdvisor, the average cost to remodel a bathroom ranges from $4,900 to $14,333 in Plymouth. The average cost of a kitchen remodel is around $26,000. It’s a good idea to add the average price of the remodel to the purchase cost of the home. If you need some assistance in deciding where to start, contact a Seniors Real Estate Specialist (SRES) to give you direction.

 

Moving Smoothly

Once you have settled on a new home, start the process of moving as early as possible. It’s best to make a list that you can reference to remind yourself what needs to be done and by when. Get more moving supplies than you think you will need simply because you will need them. When packing, leave nothing empty, including your luggage and any desk or bedroom drawers you take with you. The more you utilize your space, the better off you will be. Don’t let important things, like paperwork and jewelry, out of your sight. Keep them in your overnight bags and make sure you take those with you personally when you travel. Color-coding is also a smart idea, so stock up on various colored permanent markers to label boxes clearly.

 

It’s an emotional journey to make a move like this. Letting go of things, figuring out where you want to move, and then making the move itself are all exhausting. That’s why it’s important to get help where you can, as the benefits of downsizing are too numerous to count. After all, not only will you end up saving money, but you’ll save time and energy that you would otherwise spend maintaining a larger house.

 

Written by Mike Longsdon