Maybe the thought of moving to a smaller, low-maintenance home has only briefly crossed your mind, or maybe you’re seriously considering downsizing. But before you trade your too-large house in for, say, a cozy condo downtown, there are a few things to consider.
Downsizing requires quite a bit of planning: You may need to figure out what to keep and what to discard, choose between the love seat and the sofa for your new living room, and determine which furniture pieces can serve multiple functions.
Here are a few downsizing tips to help you prepare to sell your current home.
Start Reducing Your Possessions Now
The sooner you are able to get rid of furniture, household items, and knickknacks you no longer use or need, the better off you’ll be. When you do decide to sell your home, you will thank yourself for spending a few hours a week decluttering now rather than waiting to do everything all at once.
Anytime you relocate to a new area, whether it’s a city just a few miles away or across the country, you face a unique set of challenges.
The housing market, the transit, and even the weather may not be what you’re used to. Planning your move can be difficult, too, since you need to coordinate when, where, and how you’ll be moving your belongings to a new area.
Because moving to a completely new area means learning about a new housing market and a new community, we wanted to share a few helpful relocation tips to make it a much easier experience for you.
1. Research Housing Costs
Home prices for similar properties can vary drastically from one city to another. Take some time to research the real estate market, and consider these questions when searching for your new home:
- How much are local property taxes?
- How large a home can you afford?
- Is it cheaper to rent or buy a home?