When you're shopping for a new home, it can be impossible to find something in your budget that checks off every item on your wishlist. A common problem is finding a home that is perfect except for the square footage. Don't rule out that smaller home you otherwise love before considering these benefits to real estate downsizing:
Less Time on Maintenance and Cleaning
You will probably find that your life gets easier and more streamlined once you move into a smaller home. Cleaning a large home with more than one story can be overwhelming, but with a smaller home you will find it easy to keep things tidy, clean, and organized with less time and effort. Home maintenance tasks like adding weatherstripping to windows will also take less time when there is less house to deal with.
Forces You to Declutter
Decluttering your home and simplifying your life can be very gratifying and help you feel more calm. When you know you are moving into a smaller home, you have no choice but to finally tackle decluttering. Before you move, make a point of critically examining your belongings. Donate or sell old clothes, books, small appliances, and furniture that you no longer use, love, or have a need for in a smaller home. You may find that you become more thoughtful and intentional about the things you purchase once you move into a smaller space.
Lower Energy Bills
The less space there is to heat and cool, the more comfortable you can keep your home for less money. If you're used to living in a big, drafty house you will probably find that a smaller home stays consistently comfortable temperature-wise and that your electricity bills go way down. You will also feel great knowing you are doing something good for the environment by using less energy.
Perks of More Expensive Homes
One often overlooked benefit of purchasing a smaller, more affordable home is that it gives you the perks of a pricier abode for less money. By purchasing a smaller home in your budget, you may be able to afford to live in a much nicer neighborhood than you would if you bought a bigger home. This may give you access to perks like better schools and cool restaurants and shops.
By purchasing a smaller home, you will likely save money on your mortgage and be able to experience these benefits for yourself.