Do you ever consider your house too difficult to manage? Empty spaces that just need to be cleaned? Maybe your kids have gone off to university or flown the nest and you’re left with rooms you just don’t use. There are plenty of reasons people choose to downsize and here are 4 of the most common.
1. Too much unused space
The guest bedroom that’s become an oversized wardrobe or the kids’ bedrooms that have been collecting dust since they moved out 5 years ago. It’s easy to fill up this space with clothes and boxes of clutter you think you need.
However, take a step back and consider whether you actually need those rooms. Would you benefit from a smaller space without so much clutter? Plus, those unused rooms can be costly, especially if you have high mortgage repayments and energy bills.
2. Affordability
Are your monthly payments becoming unaffordable? It might be the time to give yourself some breathing space by downsizing your place and moving to a more affordable spot. It can be difficult to come to terms with but the burden will be lightened when moving to a more affordable property. Plus, larger houses often require more maintenance which can be costly over the years, especially when boilers break or windows need replacing.
Rent and mortgage repayments are the one constant in most people’s lives, adjusting that monthly payment can really free you up financially.
3. You Need a Change
We all get to the point when we simply need that change in scenery. Perhaps you want to leave the old behind and get somewhere with a brighter view. Downsizing can force simplicity into your life and we all know it’s the simple things in life that make us happy.
You may want to spend more time out of the house too! Whether you’re looking for more of the city-life or country-living, downsizing can adjust your perspectives and encourage more time spent outdoors. It could just be the refreshing change you need.
4. Retirement
When retiring, many people chose to downsize for a number of reasons. Reduced taxes, mortgage repayments and energy bills all help to stretch out retirement savings. Others downsize to move closer to family, wanting to see their loved ones on a more regular basis. Whilst some intend to spend more time travelling! When you’re out seeing the world, you might find that a smaller base is just the ticket you need.
To sum up
If any of the above points are ringing true, it may be time to reconsider your living arrangements and think about giving your bank balance a boost by downsizing. Free up your time by wasting less of it collecting clutter and fixing up your home. Instead, find a space that’s perfectly suited for you at this time in your life.
If you’d like to chat to someone about finding the right property for you, we’re more than happy to help. Call us on 01925 499599 or come in to see us.
