The Perks of Downsizing... Or When Less is More!

Dated: December 29 2019

Views: 164

Small, Medium and Large Homes on clothes line.

Selling your home in order to downsize is a process that can be financially and emotionally beneficial, but only if you’re ready. How do you know downsizing is right for you? When you decide that less living space would be more manageable. A smaller home, condo, townhouse or apartment can mean a reduction in heating, cooling and overall maintenance costs, as well as property taxes.  A smaller home and less property to maintain can mean freeing up valuable time and resources.

 If you’ve been thinking about downsizing, here are some things to consider:


  • Smaller homes reduce your carbon footprint. They require less energy to heat and cool than larger homes. Energy efficiency means lower energy bills. 


  • By downsizing you’ll save time and money on cleaning, repairs, outdoor upkeep, carrying costs and more. By reducing daily chores and maintenance, you can find more time to spend with friends and family and enjoying leisure activities. You may decide to travel - and even become a snowbird!


  • You may consider a more accessible floor plan that makes everyday living easier and/or a community that offers amenities that you enjoy, but won’t need to tend to, such as a Community pool, lake, tennis courts, walking trails, playgrounds, recreational parks and grounds. 


  • Think location and less driving.   One of the perks of downsizing is you can pick a location that will complement your lifestyle. Whether renting or buying, look for a home that speaks to your needs, whether it’s walking trails or proximity to restaurants and shops. 


  • Thinking of downsizing?  Don’t get overwhelmed.  Surround yourself with people who support your decision and remind yourself of the 

personal reasons you’re selling. 


  • Downsizing also means simplifying. It’s about uncluttering your space, your finances and your life. Organizing & streamlining will help you find tranquility and peace of mind. 


 If you are thinking of downsizing, I welcome the opportunity to meet with you and put together a plan that won’t overwhelm you. I can provide you with invaluable resources to help you make that next step...whenever you’re ready. 

Blog author image

Jennifer DiCostanzo

Associate Broker Jennifer DiCostanzo provides strategic approaches to buying and selling that get results. These customized strategies, combined with her skillful negotiation skills, give clients the ....

Latest Blog Posts

No better time to clear the air!

Even our own homes can fall victim to air pollution right under our noses, here are some tips that will keep you and your home healthy and when it’s time to call on remediation.  One

Read More

Before you install, make the call!

Home Home improvements continue to surge and there’s no slowing down. Homeowners are spending big money reinvesting to maximize the use of their homes to meet the daily needs of pandemic.

Read More

You're ready to sell. But are you really ready to close?

When selling a home, all too often unexpected issues may arise that could have been avoided.  It’s always at the worst time, when in contract, weeks into the transaction, and placing you

Read More

Assessed Tax Value and Fair Market Value… A Tale of Two Values

Real estate is a valuable asset and traditionally a sound investment. The housing market has significantly shifted in the last few months, so it’s prudent for homeowners to keep an eye on

Read More
Fair Housing Icon NY Fair Housing Notice