In 2019, only 20% of properties sold were 2,500 square feet or more, while 93% of newly constructed homes were below the size threshold.
It’s clear that downsizing has become more popular with Americans because it’s cheaper, requires less upkeep, and is a better use of space. Perhaps you’re planning to downsize but you have no idea where to start.
Don’t worry, we’ve got you covered. Here is a downsizing home checklist to help you.
Find Your New Home
You’ve researched the benefits of downsizing and you’re ready to take the plunge. Regardless of how long you’ve lived in your home, take time in the house-hunting process so you find the perfect property.
To help you, make a list of essential features like location, size, amenities, and accessibility. Once you’ve made the deal, measure the space, or get a floor plan to figure out how much you’re downsizing by. You must also think in the long-term and whether the property is a practical purchase especially if you plan to live your later years here.
If your new home is between 500 and 800 square feet then you must pay attention to how much furniture you’re bringing and you can store extra in these self storage facilities.
Sort Out Your Belongings
Not sure how to downsize your home?
One of the most important tips for downsizing your home is evaluating every room to see what you need and what you don’t. You should also tackle the less-used rooms as they’re likely filled with items you’ve forgotten about like your closets, spare room, or basement.
If you have jewelry, furniture or ornaments then decide whether a loved one would appreciate them. Not only do you have fewer items in your home but show the recipient that you care about them.
You should also consider items that could be sold whether through a store or on social media and use the money to fund the moving process. When downsizing your home, donate items to a great charity especially because you can often claim a deduction on your taxes. And if items have no home and you don’t need them then recycle.
Streamline Moving Day
For a stress-free move, create a timeline so you know when the moving company arrives and everyone has the right keys. You should also check with the property manager so they know you’re coming and pack a box of essentials to unpack first. Then move the furniture before unpacking the smaller boxes.
That’s Our Downsizing Home Checklist
Hopefully, our downsizing home checklist will guide you through the process.
It’s important to find the perfect property that fits with your plans and has enough space for your belongings. The key to downsizing is being thorough so find must-have items and donate or recycle items you no longer need so you have a tidy, clutter-free home. Happy moving!
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