There are many reasons to buy a small home and to downsize from your present home. Whether you are an empty-nester, a retiree moving from a house to a condo or simply being propelled forward by the notion that smaller may in-fact be better, there are many advantages to home downsizing – here are a few!
Increased Cash Flow. If you’re spending less on your mortgage payments, you are likely to have money leftover every month for other needs or wants. Or perhaps you can pay cash for a smaller home from the proceeds of your existing home and live – MORTGAGE FREE!
More Time. Fewer rooms and small spaces cut down on the time expended to clean and maintain. Smaller homes can reduce the time spent on household tasks, leaving more hours in the day to do something else more enjoyable!
Lower Utility Bills. It costs a lot less to heat and air condition a small home. Less square footage decreases the amount of energy expended.
Minimized Stress. Less responsibility, increased cash flow and greater flexibility all reduce stress. Home owners who have successfully downsized sometimes appear happier when they’re no longer overwhelmed by the demands of a larger home.
Of course with downsizing your abode also comes downsizing of your belongings. You most certainly have to say sayanara to some of your stuff. Stressed out by the prospect? Don’t be – Stay tuned to my blog for tips from top organizers and movers to help make downsizing a snap!
Are you thinking of downsizing? Could you benefit from sound advice? Contact us at hello@christinecowern.com or 416-291-7372.
