Time flows like the water in a river, where you can never touch the same flow of water twice. We are faced with many forks and bends throughout life, where we have an option to move in different directions while never really being able to remain still.
Downsizing, in particular, is a real estate route many have thought over, considered and eventually journeyed upon. Whether you are an empty nester, renter, or simply looking for a housing change there are several reasons to consider minimizing your residential space.
Do you feel overwhelmed by the idea? Don’t Be! There is no need to stress!
There are many tips and solutions to helping make the entire process easy as singing A B C … 1 2 3.
Some basic assessment steps to help you decide if this is something you may want to consider, include:
1. ASSESS YOUR ACTUAL NEEDS
Ask yourself, areas of the house do you use on a regular basis. Consider the last time you had used the table in the corner, or sat at the coffee table on the opposite side of the room. Have your children gone to post-secondary or moved into their own homes and their rooms remain empty?
2. REFLECT ON THE ACTUAL AMOUNT OF SPACE YOU USE
Take a walk through your home and reflect on what space has realistically been used over the past year. Decide whether these are areas that will ever even have any traffic around them.
3. MEASURE YOUR FURNITIRE
Determine how large furniture you want to keep is. This will be important for room consideration if you do indeed decide to downsize to a smaller house or condo.
4. ORGANIZE YOUR STORAGE AREAS
a. Do you really, really, really, really, REALLY want to keep everything you own …. forever? Look in the storage areas throughout your home and organize what you need, wish to discard and what may be donated to charity.
5. SELL THINGS YOU DON’T NEED
a. Based on the items you sorted through there is a chance you could sell some of the goods and turn over a small profit. This can be the start of a fund to purchase that new fancy technology or gadget you have been wanting for your Birthday, or it may be a sign there is a very large amount of unused space within your home.
6.RE-EVALUATE THE SPACE YOU USE WITHIN YOUR HOME
a. Once you’ve evaluated your home, organized the main rooms and storage areas and possibly even made some extra cash, take a moment to reflect. Is your home too big for your needs and clouding your sight of the things you really find are most important to you? If so than it might be time to have a look at the market for a smaller cost-saving option.
7. CONTACT YOUR LOCAL REALTOR®
a. Should you decide to seek out a smaller, cozier, cost-saving home than it is best to rest easy and contact a local Realtor® to help with the process. Real Estate Professionals are here to help you and service your needs, whether it’s a simple question, researching the market, touring a new home or closing the deal, Realtors® are here to help you! So don’t hesitate to call at any time.
Change can be scary, but what is even scarier is allowing fear to stop you from growing, evolving and moving forward in your journey through life.
Kim Bailey-Brown – D: 519-865-0078
Real Estate Sales Representative
Re/Max Twin City Real Estate
515 Park Road North, Brantford, ON.