What’s the first thing that comes to mind when you think of the term downsizing? For many houses it means to declutter and get rid of our stuff. When it comes to simplifying your life, this can bring a lot of joy and freedom, by taking the opportunity to downsize your life you are beginning a new chapter.
This might sound stressful and intimidating and you may be asking yourself where do I even begin? or what do I have to consider when downsizing? Let’s just say a fresh start means you will be reaping the benefits soon. This blog we will discuss a few of the benefits we’ve come across when it comes to downsizing and how to do it successfully.
When we say reaping the benefits we mean, reduced costs, increase of free time, and the ways you would downsize from a house to an apartment, villa townhouse or even to a retirement village, which can all provide a positive experience.
What does it mean to downsize?
We all require different things at different times of our lives, especially when it comes to our homes. When we talk about downsizing, we mean moving from a bigger property into something more manageable.
This is commonly known to be done in a demographic called the “empty nesters”, where the kids have all grown and moved out and you have no use for the multiple rooms and big backyard or to even be in close proximity to schools. We basically mean that a homeowner is transitioning to a home that will best suit their next phase of life.
Benefits
Reducing stress is the main benefit when you are downsizing and there is also less responsibility, and workload, this will even increase cash flow to give you greater flexibility. You will have more free time for, fun spending time with family, more rest and just enjoying the home rather than being a slave to it.
At the end of the day yes there are many benefits to downsizing but it is a big adjustment for yourself and family. It all comes down to lifestyle and whether or not downsizing to a smaller home will complement your lifestyle. A new chapter in life, you want to make sure it’s the right decision for the future and your happiness.
Once you’ve decided on how you are going to downsize to suit your lifestyle as well as future goals, you can then reap from these benefits that will follow.
How can our team help you get started?
With all these benefits, the process of getting started can be stressful in terms of what is needed as well as the emotional impact it may have. It’s important that when deciding the right time to downsize, you need to take into consideration logistics when selling your property as well as your financial positioning and how the current market conditions will come into play to determine the true value of your property.
Our team of valuers are highly qualified and experienced in all property related purposes. We tailor our services to best suit your requirements, offering you the kind of experience and expert knowledge to make the process seem effortless and guaranteeing you the best outcome for the next chapter of your life.