When is the right time to downsize your home? I The Property Fox Leicester
Posted on 12th July 2023
The first thing to consider is why you want to downsize.
Is it necessary, are you happy about it, or is there another solution?
Understanding your reasons for downsizing will help you to make informed decisions throughout the process.
If you’re excited about downsizing, think about where you want to live.
Do you want to stay in the same area, move to the countryside, or buy a luxurious flat in the centre of town?
Once you’ve decided where you want to live, start looking at the type of properties that would work for you and whether you can afford them.
Will you have to make a compromise or is there a lot for you to choose from?
It’s important to be realistic about your budget and what you can afford. Downsizing may mean that you have to accept that your new property will be smaller than your current one.
If you’re thinking about downsizing, it’s important to start decluttering as soon as possible.
From the moment you start considering moving, it’s time to start working out what you want to keep.
Anything that can be thrown away or donated, do so before you even put your home on the market.
Our decluttering guide can provide you with more information on how to get started.
Downsizing your home is a significant decision, and it’s important to take the time to do it right.
Consider where you want to live, what type of property would work best for you, and what you can afford.
Make sure to declutter as early as possible and be realistic about how much you own.
Remember, downsizing may mean that you have to accept a smaller space than you’re used to.
However, it can also mean a chance to embrace a new lifestyle, free from the burdens of a larger home.
Whatever your reasons for downsizing, consider it as a positive move and prepare to enjoy your new, simplified life.
WANT TO FIND OUT MORE?
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