Now that the kids are grown and out of the house, chances are you’ve looked around and realized that you have way more space than you’ll need going forward. You are not alone. Many empty nesters decide the home they raised their family in has too much space and requires too much upkeep. To help make life simpler, many couples often choose to downsize. If this is an option you’re considering, our guide will help shed light on the benefits of downsizing and how to make your own transition to a simplified lifestyle.
There are many advantages to downsizing. That said, many people are hesitant to take that leap. Saying goodbye to this period of your life can be difficult, but the benefits can definitely pay off — in more ways than one. Whether you’re hoping to save money or reap the mental health benefits of living a more minimal lifestyle, here are a few of the noteworthy perks of paring down.
- Discover.com explains how downsizing can help save you money.
- It’s cheaper to maintain and renovate.
- Downsizing can actually help relieve stress and other mental health problems.
Selling your current home
To amp up your chances of selling your current home quickly, you may want to invest some money and time into your current house to make it more appealing. Not only will this help it sell, but certain updates can also add to your resale value. Additionally, you need to spend some time decluttering and getting rid of any items you no longer want. Here are just a few projects that are easy to take on that can help your bottom line.
- Learn how to declutter your home efficiently.
- Put up temporary wallpaper to add a little spark or color to your home.
- Use paint to make your doorknobs look brand new.
- Use affordable outdoor lighting to help with your curb appeal.
Finding your next home
The final piece of the puzzle is an important one: finding your next home. This is a process that you’ll need to take slowly; rushing head-first into buying a home can lead to more than a few headaches. So, heed this advice when looking for your new abode.
- Don’t go it alone. Get help from The Hansen Team.
- Learn how much house you can comfortably afford.
- Learn how to set a budget for buying a house.
- Determine how much space you really need when you downsize.
Once the kids are out of the house, you don’t need as much room as you did when they were growing. Many empty nesters opt to downsize to save money and work toward a dream life as they approach retirement. If you decide downsizing is the right decision for you, use these tips to make the process a smooth one.