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The Benefits to Downsizing Your Home

Wed, Aug 19, 2020 at 5:10PM

The Benefits to Downsizing Your Home

Whatever your reason may be, downsizing can help save money and offer the gift of a more manageable lifestyle. The National Association of Home Builders reported that new home sizes have steadily decreased over the past years since 2015. There are more homes than ever available that can help you meet your goal of more freedom!

Usually people might downsize because they become empty nesters or are tired of taking care of a larger home that does not suit them any longer or is too difficult to take care of or they might just want to travel more.

The options for villa homes, townhouses or condos are multi fold and ample choices are available in the marketplace.

Downsizing your home means that you trade your present house for a smaller or lesser priced one. For instance, you might switch over to a villa or townhouse, or you could move to a home similar to yours in a more affordable area of town or relocate entirely.

Downsizing your home might do wonders to your budget. If you are looking to increase your savings or simply decrease your debt, downsizing may be the solution you have been looking for. Downsizing also means a more manageable mortgage and cutting down on home maintenance and electric bills.

Further there is no escaping that a bigger house just has more upkeep—more dusting, vacuuming, cleaning. If you downsize, expect to spend less time with these chores! This means more time for your loved ones and doing things you really enjoy.

It also costs a lot less to heat and cool a smaller home. Typically, there is no wasted space in a smaller home. Less square footage decreases the amount of energy expended. Reducing energy is better for the environment and helps to keep your home green and the electricity bill low.

Although downsizing has many benefits, you cannot deny some difficult feelings that might arise. Saying goodbye to a home you have lived in for years can be challenging. If this is where you have lived for the past decades, you cannot avoid the feelings of loss and nostalgia when packing up. However what can make it easier is to experience the emotions through a different lens: A move allows you to start making new memories and create meaningful new relationships with your new neighbors and new community.

If you decide to take the downsizing leap, wherever you decide to downsize, you will have to adjust to a different environment and lifestyle. Your daily routine will be altered. Look at this in a positive light – you are opening yourself up to new life experiences. Less clutter, lots of savings, less maintenance and most importantly more time for the people you love are all benefits you can expect if you make the decision to downsize.

Platinum Builders offers lovely maintenance free 55+Villas at Hunter’s Ridge in Ormond Beach as well as Village Townhomes and Premium Golf Estates in beautiful Venetian Bay, New Smyrna Beach, for downsizing in paradise.

 


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