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How To Successfully Downsize Your Home

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Whether you’re motivated by financial benefits or lifestyle perks, moving to a smaller space can be a smart idea with lasting benefits. Ready to start this daunting but exciting task? Here are some tips to help you seamlessly and successfully downsize your home:

  • Start early. While it’s not always possible, you’ll fare better if you give yourself ample time to make the transition. Plan to allow at least three months to downsize; that’s long enough to sort through your possessions and manage all the details of a move.
  • Take inventory. It’s not easy, but giving all your belongings an honest assessment will ensure that you only keep items that really matter. Ask yourself: If your possessions were lost in a fire, what would you actually replace? Outlived items tend to get stored in the basement, attic or garage, so it’s wise to start the decluttering process there.
  • Make a plan. As you sort, begin grouping items that don’t make the cut: Will they go to family, friends or charities? Another option is to sell them online or at a consignment shop. Before you bring the “keepers” to your new space, make a simple floor plan with measurements and assign each item a spot to make sure everything fits.
  • Live creatively. You’ll live large in your new small space if you follow some basic decorating and storage tips:

    • Hang mirrors.
    • Use double-duty furniture (like a storage ottoman or a bed frame with drawers).
    • Consider tall bookcases.
    • Utilize hooks and shelves to maximize your vertical spaces.

Downsizing is going to be a big change, but a good attitude and some careful planning can help make sure your new space is a good fit.

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About Marc Giles

Marc Giles is a registered mortgage loan originator (NMLS# 97969) with Arlington Financial (NMLS #5722). Arlington FInancial is a registered mortgage broker in New York State, Connecticut, and New Jersey Department of finance. 35 E Grassy Sprain Rd Yonkers NY 10710

Marc Giles teaches you all about buying, selling, and owning a home. This is not an offer or commiment to lend only education information.  

DISCLAIMER: These blogs, videos, and articles are for educational and entertainment purposes only. This is not legal or financial advice consult your accountant or lawyers for that. Any results demonstrated in these videos are not guaranteed. You must apply and qualify. This is not an offer to lend. This is not a commitment to lend.

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