Friday, February 5, 2021 / by Sushma Khinvasara
Downsizing to a Smaller Home
Image credit to the owner
There are many reasons why some prefer to downsize. One is that there are many benefits to it. It can reduce mortgage payments, utility bills, property taxes and other expenses. However, there are also tradeoffs that come with downsizing. You'll have to cut down on many things you were used to. You need to decide which household items to keep and which ones to give away. Still, many people say they became happier after moving into a smaller home. Here are some reasons why.
There are many reasons why some prefer to downsize. One is that there are many benefits to it. It can reduce mortgage payments, utility bills, property taxes and other expenses. However, there are also tradeoffs that come with downsizing. You'll have to cut down on many things you were used to. You need to decide which household items to keep and which ones to give away. Still, many people say they became happier after moving into a smaller home. Here are some reasons why.
First, downsizing means less work in cleaning and maintaining the house.
This allows you to set time for other important things. This also means letting go of unnecessary things, so make sure to keep only the things you really need.
Second, you'll spend less on mortgage payment.
This leaves more money for other needs. Downsizing also helps you stay on a budget, since there isn’t much space in your small home for buying new additions.
Third, traveling is easier when you have a small home.
It will be more convenient as you pack and prepare for travel. Also, you don’t have to worry about leaving your home for extended amounts of time.
If you are looking to downsize your home, I will be happy to help. Call me at 647-834-9928 or send me an email to sukhinvasara@gmail.com.
