Downsizing Isn’t So Bad: Why Less Can Be More
Downsizing frees you from the time, energy, and effort required from living in a larger home.
People have become obsessed with the idea that bigger is better. You see it everywhere: bigger burgers, bigger cars, and bigger houses. It’s time to set the record straight — selling your house and downsizing your home might actually be a better lifestyle choice for you.
Choosing to buy a smaller home often has to do with the desire to live a simpler life. If you’re trying to decide whether downsizing is the right move for you, here are some benefits to consider before taking the plunge.
- Increased Cash Flow.
Smaller homes are less expensive to buy and less expensive to maintain. If your monthly mortgage and utility payments are lower, chances are you’ll have more money every month to invest, travel or pay down your mortgage sooner than expected.
- More Time.
The larger the home, the more you have to maintain. A smaller home reduces the time spent on household tasks giving you more hours in the day to do something else more enjoyable.
- Reduced Consumption.
Buying smaller forces you to pare down your belongings and regularly keep what’s important and used. If there is no room for it, you probably won’t buy it.
- Reduced Carbon Footprint.
A smaller home requires fewer resources because it uses less electricity, heating, and cooling. Building a smaller home also requires the use of less lumber and other wood products.
- Less Stress.
Downsizing definitely has its perks. Less work, more money, and greater flexibility — all these add up to reduced stress. Homeowners who have downsized their homes seem happier when they’re no longer overwhelmed by the demands of a larger home.