Downsizing, Tips and tricks

What to Consider When Downsizing Your Home

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People downsize for different reasons. It could be that the children are all grown up, and the house appears too big, or you need to achieve a simple and manageable lifestyle. You may also want to downsize for retirement or to save money on property costs and utility bills. Regardless of your reason for downsizing, you need to know how to let go of household items to fit into the new space. 

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Does the thought “I want to downsize my house” constantly cross your mind? Here are downsizing tips you can follow to have a smooth transition: 

Social amenities 

While downsizing helps you save money, you don’t have to compromise your quality of life. You need to consider the availability of recreational facilities that are near you, such as a leisure centre, or any existing social groups that you are already a member of, and how easy it will be to get to these. If you are moving to an apartment, you may also want to consider some outdoor space for any children or pets.

Financial goals 

Before you decide to downsize, you need to consider what you want to achieve and set financial goals.

 What do you plan to achieve once you move to a smaller house? Living in a large home can drain your finances and leave you with little to save. As such, most people will downsize to make some savings for retirement. You also need to consider the amount of money you are willing to spend on your new home. 

Future plans  

Regardless of your reason for downsizing, you need to consider the location of your new home. Will the home be enough for your future plans or will you be forced to move again? Have a plan that will guide your decision to avoid regrets. Before moving, you may also need to consider space for anything you intend to acquire in the future. 

Space 

Space should be determined by your property and the number of people in your family. Regardless of your reason for downsizing, let the space be enough to avoid congestion and offer privacy for everyone. 

Senior care 

If you are downsizing for retirement, consider the senior care needs you may require. Ensure that the location you choose has access to facilities and people who can help you out in your time of need. You might prefer a home without stairs, or one with an ensuite bathroom attached to the main bedroom. 

Number of people in your house

Your new home should offer enough room for everyone in your household. It should not compromise your comfort and privacy. Even if your children have already moved out, consider other factors such as the space they may need when they visit because you will still need some privacy.  

Size of your furniture

Furniture can affect your choice of a new home. So, you may have to plan on how to let go of household items you no longer need to avoid congestion. If decluttering is not an option, go for a house where all your furniture will fit in. 

We Can Help You Achieve a Smooth Transition

coffee table with cup of tea and a vintage cash cow leaflet

Are you wondering, now that I want to downsize my house, where do I start? Vintage Cash Cow has the solution! Take a look at our website for the type of items we can help you with, and request a free welcome pack. Everything can go into the same box, and be sent to us with our pre-paid labels and we will make you an offer for the entire box within 3 days. Click here for more information. 

 

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