Downsizing And Moving to A New Property

Moving into a smaller house after years of living in a large house is a significant change. But don't be discouraged! A smaller living space can offer many benefits and help you live stress-free. It is important for downsizing to be a smooth transition and not rushed. That is why we are here to help you out with your transition.

What is downsizing?

First off, you need to understand that "downsizing" is not just moving into a smaller house. It's a life change, and it involves making necessary adjustments to your lifestyle. It means getting rid of a lot of the current stuff you have in your home. You may be emotionally attached to a lot of these items, but the downsizing process will require you to let go of things that are not necessarily important to you. Don't worry, though! You can still keep your favorite items. It's just about letting go of the ones deemed unnecessary.

A lot of people are living in smaller houses nowadays and many of them don't see it as a transition at all. Your new lifestyle is focused on buying, then re-evaluating, then buying again. This will happen repeatedly until you are completely debt free.

Consider these tips for downsizing.

Start Small

Many people who go through this downsizing process struggle with where to start. Well, what are the most expensive things in your current home? Are they the most important things? If you're like most people, you have a large kitchen, a nice dining room set which seats 6-8 people, and plenty of closet space for your clothing.

Locate the Stuff You Don't Use

Be sure you write down the contents of your current house to better define what you really want to keep. Unused items are often just taking up space, so get rid of them! If you truly cannot part with something, find a way to put it to use in your new smaller house.

Declutter

Start by getting rid of excess furniture and boxes. Next, donate clothes and household items to charity. You should expect to get rid of 30-50% of your belongings. Be sure you don't quickly throw out things that are valuable, or the entire process will be a waste of time!

Reorganize Your New Space

After you have purged much of your belongings, take a look at the room layouts in your new house. Everything should have its place, so consider all possible uses for each room in the house. Consider installing storage devices throughout the house, such as a small bookshelf in your bedroom, a coat rack in the entryway, or a drawer for the clutters in your bathroom.

Focus on Your Most Important Possessions

In packing up your belongings for moving day, you should have already considered which possessions are most important to you. Keep these items close at hand in your new house. You could get one or two large storage boxes to put away key items that you don't want on display.

Downsizing your rental is good for both you and the landlord. The landlord can save money by using the house less and charging you less rent, while you'll eliminate monthly costs like utilities and taxes. This will free up your monthly cash flow and allow you to build your wealth faster.

Benefits of Downsizing

Even though getting rid of some stuff may be difficult, there are a lot of benefits that this process bring. 

-Keeps the home from sitting empty all-day
-Less clutter
-Reduces stress levels and increases the quality of life
-Getting rid of any clutter, including unnecessary furniture and decoration items to make way for a minimalist style is better
-Reduces maintenance costs (drains and heating/cooling)
-Lower cost of living

These are just some of the different types of positive effects that downsizing has!

Your new home should be a place that is your choice to relax, unwind, spend time with family, or entertain friends. If moving into a smaller house feels overwhelming and intimidating at this point in your life, consider downsizing to an apartment instead of renting a large house.

Hopefully, this blog helped you on your journey to move to another apartment and manage the items that you currently have!

Thanks for reading!