The Upside to Downsizing

downsizingIt is often said that less is more, and the same goes when it comes to your living space. These days, more homeowners are starting to realize that bigger doesn’t necessarily mean better.

If you feel the need for a change, are tired of looking after a big home, or are ready to get rid of excess baggage, then it might be time for you to consider downsizing into a smaller unit or apartment.

Here are 5 of the top benefits of downsizing, as well as some handy hints to help you downsize without having to compromise your standard of living.

  1. Save money by avoiding unnecessary items:

The more space we have, the more we feel the need to collect furniture and other household items to fill areas of the home rather than fulfill any particular function. Downsizing can help you save money by forcing you to cut back on shopping sprees and stop splurging on unnecessary appliances, electronics, accessories or furniture that you don’t really need (or have space for!). It can also encourage you to de-clutter and prioritize your possessions.

  1. Less upkeep, more downtime:

Moving from a larger home into a townhouse, unit or apartment often means less maintenance is required. Reduce your stress levels by cutting back on time and money spent on upkeep such as cleaning, furnishing, looking after an outdoor garden or general maintenance costs. This will free up more leisure time for you to do the things you love, and spend more quality time with family and friends. This can be a great first step in the direction of living a more minimal and fulfilling lifestyle.

  1. Cut back on energy costs

One of the downsides of living in a large home is energy costs, including heating, cooling, and water. Apart from saving on your power and water bills, downsizing your home will help the environment by reducing your family’s carbon footprint. If you want to find out more about how a smaller home could reduce your energy expenses, contact your home energy provider. You can request an overview of your current usage costs and estimate on how much you could save.

  1. Travel with greater ease – just lock and leave!

Living in a lock-up-and-leave apartment or unit is much more convenient if you like to travel. This means not having to mow the lawn, prune the hedges, fix up loose tiles or monitoring security systems, doors and windows. Going away on a whim to an exotic location or for a weekend away with the grandchildren will become much easier.

  1. Maximize the Benefits by Engaging a Real Estate Expert

At ACTON, we can provide you with expert assistance if you are looking for townhouses, units or apartments for sale in Perth. If you are considering downsizing to a smaller townhouse or apartment you may want to talk with our property management team about the returns you could achieve on renting your existing home.