The Benefits of Downsizing

If you’ve read anything about micro homes and the properties of the future, you’ll know that we might not get the luxury of choice about whether we have to downsize eventually. But that doesn’t mean we shouldn’t look to start downsizing right now. There are a number of benefits to having a smaller home that you can take advantage of right away, so let’s take a look!

The chance to live mortgage free

If you have been living in your current home for quite a long time, the chances are it has increased in value by a fair bit and you may be close to completely paying off your mortgage, if you haven’t paid it off already.

With this in mind, if you choose to move into a smaller, cheaper property now, you will have a lot of equity left over which you can use for whatever you like! Also, you will be able to purchase your home outright as a cash buyer, meaning you will have more flexibility, a speedier chain and the potential to live completely mortgage free.

More location options

If you want a larger home, you tend to be limited to more suburban areas or villages that are out of the way, meaning you will have to drive quite far to get where you need and the local amenities will be limited. 

However, if you are open to downsizing, you will have a much broader range of options when it comes to location. For example, you could choose to live in a smaller home close to the city or in the city itself, giving you easy access to the best new restaurants and bars.

A home that suits you

Of course, if you are heading into retirement, you probably aren’t looking to head back into the city to enjoy the nightlife, but that doesn’t mean you can’t benefit from a smaller home. Trading in your big home for a cosier one gives you the opportunity to find something that’s lower maintenance and more retirement friendly. For example, it might have a smaller, more manageable garden and fewer rooms that require cleaning – maybe it’s all one floor!

Embrace some minimalism

One of the most attractive reasons to downsize your home isn’t necessarily because of the money you will save or the exciting new places you might get to live, it’s because a chance to live in a less cluttered home is a chance to live with a less cluttered mind. If you haven’t already tried to pare your life back before, you might be surprised about how reducing the amount of things that you own can help you find a bit of peace. Choosing to move into a smaller home forces you to do this, because you have to choose what’s essential to you. Sure, you will have to sell some things, give some things to friends and donate some things to charity, but you may well feel a lot better for it.

Simon Long Removals Gloucester is the go-to removals company in the region, so if you need help sorting out your stuff for your downsizing project, we can help. We have a wealth of experience in all kinds of moves, so if you want to ask any questions, all you have to do is get in touch with our team today and a member of our team will be happy to help.