Downsizing Series — Week 2
The thought of downsizing usually brings a negative connotation with it. Something we “have to do” or are forced to do at some point in life. I totally disagree with this way of looking at downsizing. I think the concept should be embraced and even celebrated!
Here’s the perfect 6-week series, Downsizing Can Be the Right Move for You — 5 Steps to Make it a Smooth Transition, to help you determine whether you’ll be ready for such a move in the near future or much later on. Plus you’ll learn what strategies can make the downsizing process less stressful and a more productive and positive experience.
Stick with me through not only today’s article but the rest of my Downsizing Series where you’ll discover that not only less can be more but your life in a smaller home doesn’t have to feel like a loss — it can be a gain of more opportunities, more financial freedom, and so much more.
Even if you have loved your home and your life there for many years, there can come a time that it’s just way too much for what you need or can afford, and deep down, you don’t really see yourself there anymore.
Your life has changed, or perhaps will be changing. And a smaller home may be a better fit for your new lifestyle.
If you’ve been hesitant about such a move, it’s understandable if you’ve only focused on the negative. But having less space and stuff in a downsized home can actually bring you so much more freedom in your life.
And that’s a good thing!
Start to imagine what you could do with the freedom of more money, more time, and more opportunities to enjoy your life.
Living in a smaller home means you aren’t saddled with certain responsibilities anymore, aren’t worried about long to-do lists, or aren’t disappointed you can’t enjoy the lifestyle you now envision for yourself.
Look at downsizing as a new chapter of your life — and see how you can benefit from embracing this uncluttered, limitless, and enhanced life. Focus on what you’ll gain from a smaller home, not what you’ll lose!
Change Your Mindset
If you view this move as a positive, you’ll be more inclined to time it right and not feel as burdened by the idea of downsizing.
Picture what you want your life to look like and embrace the decision to downsize so that you can be an active part of the process from start to finish. That way you can create a more seamless and less stressful experience as you make the move to a smaller home.
Less CAN Be More
Your mindset is powerful so try to focus on what you will gain, not what you’ll lose when you downsize.
You’ll find that a smaller home and a better-suited location will bring you so much more:
- More financial freedom — use the profits from the sale of your current home to invest, have more liquidity, or put toward a less costly home.
- More time — less responsibilities and maintenance to-do lists give your life more flexibility.
- More funds for retirement — less costly mortgage payments, utilities, and property taxes mean more money for your nest egg.
- More opportunities and experiences — travel without worry or take up hobbies with your extra funds.
- More chances to see family and friends — enjoy loved ones near and far with fewer restrictions on your time and budget.
- More accessibility and convenience — move about easily and freely in a home with the right floor plan, amenities, or neighborhood.
- More fun and relaxation — free to do what you want with less stress and less worries.
See how downsizing can bring a lot MORE into your life!
Let’s Strategize to Make It Happen
I hope this article has helped you see how much you can gain when you move to a smaller home.
With my knowledge and experience, I can help you every step of the way. There’s a lot that goes into a move like this and together we can come up with a plan and a timeframe.
Working with me, you’ll see that downsizing doesn’t have to be overwhelming if you’ve been afraid of starting the process. I’ll also make sure you’re ready for each step if you’ve been afraid of change or the unknown.
And if a family member or anyone else who has been thinking that downsizing could be the right move for them but feel overwhelmed or have a negative mindset about it, I’d love to help them see the positives of such a move.
Also remember that I have downsized myself, and can speak from my own first-hand personal experience!
The first step is scheduling a time to talk so I can learn more about you or whoever else needs to be involved. Reach out to me (kim@thecoastalrealestategroup.com) whenever you are ready to chat and well before you are ready to make a move!
In my next article for this series, I’m going to dive more into how I can help remove the stress of downsizing. How to Time It Right — Buying and Selling When Downsizing will go over how to coordinate it all when it comes to selling your current home and buying your new smaller home. If you plan well in advance, it doesn’t need to be as overwhelming as you think.
Hi there!
Hi, I'm Kim Crouch, and I help people and investment entities buy and sell their homes in Wilmington and coastal southeast North Carolina!
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910-679-6072
1001 Millitary Cutoff Rd Suite 101
Wilmington, NC 28403
kim@thecoastalrealestategroup.com
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