Top 5 Reasons to Downsize Your House

Are you thinking to downsize your Omaha house?

There are many reasons to downsize your current home. The idea of “less is more” is sometimes what motivates homeowners to do so. Keep reading to learn more about the top five reasons why downsizing your home can be a blessing that saves you time and money to invest in the people and hobbies you love!

People downsize their homes for a variety of reasons – financial, safety, and convenience to name a few. Our elderly neighbors loved their home, but the stairs became too hard to navigate and it was difficult to maintain their yard and manage upkeep on a three-story house. Another couple we know downsized from a 3,000+ square foot house to a condo to free them from a mortgage and outdoor maintenance so they could split their time in two different states, living as snowbirds before retirement.

Downsizing your house comes with numerous advantages. We’ll cover the benefits of downsizing so you can determine if moving to a smaller home is a good option for you!

#1 Downsizing Can Help You Save Money

Owning a smaller home can bring multiple financial benefits such as: 

  • There will be less cost for repairs and maintenance, both indoors and outdoors.
  • Smaller homes typically come with lower mortgage payments and property taxes. If you have enough equity in your current, larger property, you may be able to purchase a smaller home without a mortgage.
  • Smaller properties may cost less to insure and carry less risk. 
  • Utility bills will be lowered with fewer rooms to heat, cool, and light.
  • There will be less maintenance and fewer things to replace. Light bulbs, new windows, or even a new roof will cost less money when there is less square footage to cover.

Owning a smaller space may help you save thousands of dollars each year for years to come. Downsizing may be worthwhile so that you can invest the savings in your hobbies, travel, healthcare, or your kids and grandchildren.

#2 Downsizing Can Save Your Time

You’ll likely spend less time cleaning the inside your home and maintaining the yard when you live in a smaller house. Generally, large houses require more time for maintenance and cleaning because they have more space. Some condos and retirement communities provide all of the outdoor maintenance of the property for you. These services are typically included in monthly homeowner association dues, which may be well worth the cost considering the time you get back.  A smaller property allows you to spend more time enjoying your hobbies and the people you love, instead of doing household chores.

#3 Downsizing Can Lessen Your Clutter

Downsizing your house will help you to reduce clutter. Part of downsizing is eliminating extra stuff so you can fit into a smaller home. Think of the projects you’ve meant to start but are now just taking up space. Or the sentimental items you haven’t been ready to let go of. Moving into a smaller space means you’ll have to prioritize what goes and what stays.

#4 Downsizing Can Improve Family Communication

When you live in a large house, sometimes your family can go a whole day without seeing one another even though you all live under one roof. A large home may cause division between family members, resulting in less time communicating with each other. A smaller place will bring everyone closer, promoting family bonding and connection.

#5 Downsizing Can Reduce Stress

Since there are fewer assets to manage and fewer things to maintain, there’s less stress from managing your estate. But as time goes by, larger homes require more effort to maintain their beauty. By reducing the size of your house, you can eliminate stress while saving money, energy, and time. Your lifestyle will be simpler, allowing more time to relax and enjoy life.

Downsizing Can Be Simple With Anna Buys Houses

We understand that for many homeowners, the idea of downsizing seems overwhelming. If it is a lifetime home that holds decades of memories, you may be emotionally invested in staying put. You might also feel burdened by the amount of stuff you have and how to tackle clearing out the clutter if you decide to move. Anna Buys Houses can help you simplify the process and change the way you see downsizing. 

To learn more about how a direct home buyer can help, fill out this form or call us at 402-313-8700. Downsizing has never been this easy! 

Additional reading:

5 Top Reasons Why Downsizing Your Omaha House Can Be A Great Idea!
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