Sometimes, your big dream could be a smaller space; here’s how to prepare.
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If you’re considering downsizing, what sort of things should you be factoring into your decision? For starters, think about your furnishings. I have a great big room in my home that I accented with a huge sofa, and I love how it looks. However, I know that if I were to ever downsize, I’d have to figure out what to do with that sofa—it likely wouldn’t fit (or look good) in my new home. Take an honest look at all your furnishings and decide what could (and could not) practically make the journey with you into a smaller home.
Here’s another tip: New construction homes can be a worthwhile sector to explore if you’re downsizing. Even though their floor plans will be much smaller than your current home, a lot more thought goes into optimizing space in today’s new builds. They also have surprisingly accommodating storage capacity, which is perfect since the move to a smaller arrangement often reveals a cumbersome amount of belongings that suddenly need to be dealt with.
Most people didn’t feel completely comfortable with their decision until after they had some time to truly settle in—that’s natural!
Hopefully, bills will be less expensive in your new home, so make sure you really think about where those savings should go. One potential downside of a smaller home is that your ability to entertain guests is diminished, as you no longer have that 20-foot-long dining room table or sprawling backyard. Again, just make sure you’re considering all of the ways that your lifestyle will be impacted.
I happen to know a lot of folks who made the change from a roughly 5,000-square-foot house to something like a 2,000-square-footer; they loved it, but it did take them some time to adjust. Most of them didn’t feel completely comfortable with their decision until after they had some time to truly settle in—that’s natural!
If you’re thinking about selling right now, we have tons of buyers looking for homes of every size, and that includes yours. If you’d like us to test the waters for you, just send me an email or give me a call! We can offer some numbers on your home, gauge how many buyers are in the market for property just like it, and go from there. I look forward to the opportunity of speaking with you soon!
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