How can you find the perfect sized home for you?
As life changes, the needs we have for our home will also shift. Sure, when all the kids were under one roof, it might have seemed as though there was never enough space. Now that the kids have left for college or bought their own place, your home might seem just a little too large.
The thought of moving can be exciting, but also stressful. So can the thought of keeping up the chores around a large home. If you’re looking for a home that’s cozier you may want to consider right-sizing. Right-sizing is a strategic move into a smaller home or condo that is a better fit size-wise, economically and environmentally.
A few great appeals of right-sizing include: minimal maintenance; spending less money on utilities and repairs and; having more time for homeowners to truly enjoy.
Deciding to purchase a smaller home comes with a lot of thought. Some things to think about before right-sizing include:
Does size matter?
There always seems to be the mentality that “ bigger is better.” The truth in that statement really falls on the individual home owners. Homes not only fulfill the need for shelter but it is the center of a family. If your new home will still be the main gathering place for holidays, birthdays, and other family events you may feel a smaller home as a challenge. However, if you are seldom hosting large gatherings, a more cozy setting might be ideal. As long as you and your loved ones are happy in a smaller home who says that bigger has to always be better?
Will I miss my spacious home?
Moving into a smaller home can feel like a new adventurous chapter, one that gives you more freedom with your money and time. Will you miss your spacious home? Although you may lose some of the things you loved most about your spacious home, you’ll find new things to love in a right-sized home.
Although you may be prepared to right-size and move into a smaller space, life events can still change your plans. Give yourself a buffer before you go too small. Are you prepared for your children in college to move back home or another relative moving in? Think of spaces you might need to share with other people in common rooms like: bathroom, kitchen and the living room.
Cost to you
People who are ready to move into a smaller home find that it can be a big money saver. However, don’t forget that bigger homes hold more items so if you’re planning on right-sizing be prepared to donate, sell or place your items in storage, which is an added expense for you.
Right-sizing can be a great option for those looking for a change. A smaller home may be a great option for you and your family. But it is something that takes a lot of thought and looking into before jumping right in. Talk with the Corey Connection today to gain a better understanding about the pros and cons of right-sizing today.