Downsizing is not just for empty-nesters. As many people eschew consumerism for a more organic life, downsizing their home is on the cards at any stage of life.
For most of our lives, we always dream about moving into a larger house. Even though your dream home might be a seven-bedroom mansion, there is very little chance of you ever being able to afford to move in!
But it’s best to remember that bigger isn’t always better. In fact, I’m sure that at some point in the future, you might even consider downsizing from the home you are in right now.
Most people think about downsizing to a smaller home once their kids have grown up and moved out. If there is just you and your spouse left in the home, you won’t need those extra bedrooms anymore.
Even though you might not be ready to downsize just yet, it’s still necessary to keep it at the back of your mind so that you have a good idea of what needs doing when the time is right. Here are some great tips that can help you plan your downsize.
When Downsizing, Consider Your Options
First, you need to think about what your options for downsizing are. For most people, it just means moving into a smaller home so that they don’t have to deal with too much housework or gardening.
However, you might like the idea of moving into one of the over 55 villages that are aimed at retirees. These give you the chance to live in a community of people in a similar situation to you, and will help you keep up an active and social life.
Think About Future Needs
Of course, you also need to think about what your future needs might be, as these could have an effect on your downsizing decisions.
Ideally, you don’t want to move again after you have moved into a smaller house, so it’s important that you find a forever home. So, try to look for a home that will be accessible as you get older.
For example, you might want to buy a bungalow so that you can easily get around, even in later life when you might have trouble climbing stairs.
Research Areas Well
You might want to or have to move out of your current neighborhood when you do choose to downsize. If it has been a long time since you originally moved, you might want to research the local neighborhoods again.
Over time, a neighborhood can change quite drastically, and you might currently be a bit out of touch with which areas are worth moving to and which ones you should avoid.
So, it’s a good idea to do your homework to be on the safe side.