The Top 4 Benefits of Downsizing Your Home

If you have been in your home for many years, you may be thinking about downsizing your home. Downsizing is when you sell your home to purchase a smaller home. Some reasons for downsizing could be that you've recently become an empty nester or that your home has become too big to keep up with. Here are some of the benefits of downsizing!

1. Money! If you've been in your home for quite a while, chances are you have some equity. You may have even paid off your home. If you sell your home, you may have a sizable down payment or even enough money to purchase a smaller home in cash. This could even leave you with extra money for traveling or to help fund your retirement.

2. Less Work! The smaller the home, the less upkeep there is. If you are tired of cleaning your large home or if you have rooms in your home that you don't even use, it may be a good idea to downsize. When downsizing you may even realize that you are storing a lot of extra stuff that you haven't used in years. This can also give you a chance to declutter. You could even have a garage sale and make some money off of some of your old things that you don't need anymore.

3. Cheaper Bills! Having a smaller home could even mean your utility bills may be less. With a smaller home, you could pay less to heat your home in the winter and cool it in the summer. Also, less rooms means less lights being left on throughout the home. This could also bring your electricity bill down.

4. Better Fit! If you bought your home a long time ago, your needs have probably changed since you purchased it. Maybe you didn't mind stairs 10 years ago, but as you get older you realize you would rather live in a ranch. Or when your kids lived with you, you needed the extra 3 bedrooms, but now you can get away with just having one spare bedroom. Downsizing can mean you live in a home that works better for where you are in life now.

If you're thinking about downsizing your home, I'd love to help you! I can help you get your home ready to sell, and help you find the perfect home to move to. 

Angel Kimmel

Realtopia Real Estate

815-546-3146

angel@realtopiaRE.com

AngelTheAgent.com