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12 Things to Consider Before Downsizing – House Digest

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According to Home Lite, there are many reasons why some people want to move into a tiny house. For older adults, a large house can present safety risks such as steep stairs or a difficult driveway. Others may experience financial problems, such as high housing costs or little money on the budget. Plus, larger homes are more difficult to clean and maintain, and if you don’t use all the rooms, it may make sense to move to a smaller space. Those who are not tied to their field by work or family members may also want to move on. Finally, you may be longing for a lifestyle change or want to be closer to family or friends.

Moving is always a big deal, but if you move into a very small space, you may have a lot more difficulties to overcome. There are a few things to consider before deciding to downsize, and 12 of them are listed below.

1. You must give up most of your assets

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You should first think about all your current possessions – if you have a lot, you will have to say goodbye to some of them. People who have close relatives can give them to foster homes, while others can consider donating or selling.

2. It’s hard to get rid of sentimental items

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While most understand that downsizing all of your possessions requires work, many people really don’t realize how difficult it can be to part with items, especially ones that are sentimental. Before downsizing, consider if this is something you really want to do.

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3. Avid shoppers will have to drastically change their lifestyle

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When preparing to downsize, it’s important to stop buying something you don’t need, such as home decor, which can be difficult for people who like to shop.

4. Selling an item may take longer than expected

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Downsizing will require you to get rid of some of the larger furniture you may want to sell online. Don’t wait until the last minute to start this process, though, as it may take longer than you expect, and the sooner you can start deleting items, the better.

5. Consider how important hosting is to you

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If you’re moving from a large multi-bedroom house to a one-bedroom apartment, you should think about how important hosting is to you, as you’ll have less space for guests.

6. Make sure you have enough space

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This may sound obvious, but it’s extra important: When considering downsizing, think about your current lifestyle and how much space it will require. If you enjoy painting, sports, or any other activity around the house, do you have enough space to do the things you love in your new space?

7. Think about safety precautions

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Many people recognize how important security systems are when living in large homes, but not everyone thinks of adding these features to a small space like an apartment. However, security is important no matter where you live, so you may need to invest in a system that works in your new location.

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8. When selling, don’t forget the hidden costs

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Many people downsize to save money, but it’s easy to estimate the amount you’ll get when you sell your home. Consider everything from hidden costs to the cost of living in your new area to determine how much money you’ll actually make.

9. Take a look at the surroundings of your new location

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It is also important to see if your new area has the same characteristics as your old area. For example, see how far places such as supermarkets, restaurants, shopping areas, movie theaters, and gyms are, and consider whether you’re willing to drive that far.

10. Consider how long you plan to stay

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While some downsize for good, others do so for a short period of time to save money. If the latter is the case for you, you can probably sacrifice more in terms of space and amenities in the area.

11. Compare Neighborhoods

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Those who were less fond of their neighbors may have had it easier than those who were best friends with those around them. Consider what you would have to give up to move away from your neighbors and what benefits you could get in your new location.

12. Weigh the pros and cons

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Ultimately, the decision to downsize should come down to this: Will this choice improve your quality of life? Perhaps you are moving to be closer to family or to save money to pay off debts; Both scenarios are more likely to improve your life than negatively impact your life.

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Source: www.housedigest.com

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