How to Successfully Downsize Your Home

The era of the McMansion is coming to an end. Families are recognizing the benefits of downsizing to smaller homes over enormous homes. When was the last time you used your formal living room, guest room, or dining room? How much do those unused rooms cost in your mortgage, electricity bill, furniture and accessories, property taxes, insurance bills, and time/money spent cleaning those rooms? Consider downsizing to a condo/townhouse, cottage in the country, or an apartment in the city. If you are thinking about downsizing, here are some ways to help you with the transition:

Purge: purge what you don’t use. You might find it helpful to do this once a week or once a month. This can be difficult because most people are sentimental, however many people find this liberating and feel like a weight has been lifted off their shoulders.

Think differently: consider new ways of doing things. If you normally save every bill, consider shredding them or scanning them into your computer. You can pay your bills online instead of getting a paper statement.

Neat & tidy: you need to be very orderly and organized if you downsize. Create a place for everything and keep it there. Find unused space in your home and turn that area into a closet, bookcase, or storage. Even consider space inside your walls, such as under your stairs.

Dual purpose: purchase items that serve more than one function. You can get a platform bed that has storage underneath. You can purchase a sofa that converts into a guest bed. Your dining room can also double as a home office.

Seasonal storage: store items that are out of season. If it’s winter, you can store your summer clothes under your bed to make more room in your closet.

 

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Hans Taal  Hans Taal

  The name people recommend in Real Estate...

  Sales Representative
  CENTURY 21 MILLER REAL ESTATE LTD.*
  467 Speers Road
  Ontario, L6K 3S4
  Direct Line: 905.339.5270  E-Mail: hans.taal@century21.

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Hans Taal

Hans Taal

Sales Representative
CENTURY 21 Miller Real Estate Ltd., Brokerage*
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