Downsizing homes is becoming a trend as more people decide they don’t need as much space. You might decide to sell your home because your children have moved out and your current house feels too big. No matter the reason, there are several benefits of downsizing your home.
When you downsize, it’s easier to organize your belongings. A natural part of moving is getting rid of clutter. If you’re moving into a smaller space, you are forced to eliminate all but the most necessary items. With fewer things, you can stay organized and keep a cleaner house.
One of the Benefits of Downsizing: More Free Time
A smaller house will require less maintenance and less time will be spent cleaning. You can focus on the garden instead of spending the day dusting shelves. You’ll be able to explore interests and hobbies and even travel more frequently.
Save Money in a Smaller Home
Buying a smaller home usually means a less expensive mortgage. Even if your mortgage is comparable, your utility bills will be lower. Smaller homes cost less to heat and cool. A smaller property may have lower property taxes and your homeowner’s insurance may be less expensive.
Fewer and Less Expensive Repairs are Benefits of Downsizing
A smaller home has fewer appliances and fixtures to maintain. You’ll probably have fewer bathrooms and not as many toilets that need repairs. If you need to replace the flooring, it will be a less expensive project in a 1,000 square feet home, compared to a 4,500 square foot property. Likewise, other home improvements will cost less. You’ll use less paint and wallpaper. A new roof won’t be as costly as a roof replacement on a larger house.