From tiny houses to minimalist décor, the trend towards simplifying our daily lives through downsizing has become a popular trend for people of all ages, in every stage of life. The reasons for doing so run the gamut; some hope to save money by moving into a smaller home, others cite the need to decrease their stress levels. No matter the reasons, downsizing causes a definite change in lifestyle, and for many people this change is significantly positive. If you’re considering moving out of your current place and trying something on a smaller scale, consider the following benefits.
Utilities Cost Less
In a smaller home, utilities cost less. There’s fewer lights to turn on and less square footage to heat in the winter and cool in the summer. This means your energy costs will decrease significantly. Smaller square footage often requires homeowners and renters to cut down on the amount of furniture and appliances they incorporate into a space. This means fewer appliances are plugged in overall. One of the top energy wasters is appliances that are plugged in, but not in use. If bolstering your savings account is your aim, downsizing provides money saving possibilities in spades.
Less Maintenance and Responsibility
Generally, when you make the move from a large home to a smaller space, your maintenance costs and responsibilities will decrease. This is especially true if you move from a single family home into an apartment complex or condominium. Generally, these types of living situations see landlord or condo association maintenance included in the rent, which can take a lot of pressure off your back. Smaller homes require less cleaning, smaller yards means less yardwork (especially if professional landscaping services are included in the lease terms), and in-house upkeep will require much less effort. If you’re looking to spend less on repairs and spend more time lounging instead of maintaining, downsizing could be the perfect fit.
Material Purges Can be Therapeutic
If you do decide to move into a smaller space, you’ll likely be forced to purge some of your material belongings. This can be far more therapeutic than you might first imagine. Cutting down on material possessions means doing more than cleaning out your closet. You’ll likely have to part with any large furniture pieces that will no longer fit in your living space. Sell these items on sites like OfferUp to find local buyers. With that money, purchase discount furniture from LivingSpaces.com to outfit your new, smaller space. Look for pieces that are space-saving. Find storage options that double as furniture, like footstools with hidden space for storing blankets, bucket seats for against the window or under the dining table, and vertical shelving to help save floor space.
Finding the Right Space
If you’ve decided to take the plunge and move into a smaller space, it’s important to research your options. If you’re a homeowner, selling off a property that’s been paid off can provide you the opportunity to purchase something smaller in a more desirable neighborhood. Many people that choose to downsize prefer to rent instead of purchase, as it allows for a measure of flexibility. If this is true of your situation, check out PadMapper.com. This map-based search engine offers high quality photos, filtering options, and street views to help you narrow down your list of appealing apartments or houses. As you begin applying, always be sure that the prospective landlords utilize certified screening services like Transunion SmartMove before handing over personal, sensitive information.
There are so many advantages to be gleaned from downsizing your home. From less responsibility to huge monetary savings, you may find that switching from a large house to a spacious apartment may be the life change you need. Keep these benefits in mind and check out pricing in your area to determine whether this is a viable action for your wallet and future.