July 02, 2019
Most of the words associated with downsizing, whether in an employment situation or a housing circumstance, tend toward the negative side of our language spectrum.
Downsizing makes one think of words like cut back, diminish, shrink – all of which leave a slight taste of negativity on our tongues. Additionally, most think of downsizing as a retirement or preparation for retirement activity. While most retiree’s do often choose to shed larger homes in favor of smaller ones that happen to be in warmer climates, more and more people are re-thinking the McMansion approach to home ownership.
It may not be for everyone, but there are a few advantages that are worth giving a little thought to:
- Imagine reducing your maintenance and upkeep costs.
- How about trimming away excess time spent cleaning?
- Does curtailing tax costs sound good to you?
- Will scaling back stress levels be appealing?
Welcome to the idea of INCREASING LIFE STYLE THROUGH DOWNSIZING!
Depending on your long term life goals, downsizing right now rather than waiting for your retirement years and regardless of family size may actually be a path to:
- Increased leisure and family time
- Increased disposable income
- Increased health and happiness
Consider that the average house size in the 1950’s, which provided shelter for an average family size of 5 or more, was just 1000 square feet. Compare that to today’s average square footage of 2500+ for a family of 4 or less. Could it be we can live very comfortably in a lot less space than we thought without cramping our lifestyle?
Cozy is not a dirty word! In fact, the idea of cozy may lead to an increase of quality time spent with family. Imagine everyone watching the same television shows, together, and maybe even having conversations about them, instead of everyone spread out in different rooms watching….who knows what?
It may even be possible that selling off a larger home could allow you to use the proceeds to purchase another, cozier home…for CASH! No monthly mortgage payment; how freeing would that feel? Your local marketing specialist can help you weigh all the pros and cons and find what works best for your life goals. Downsizing may be the most positive step with positive outcomes in many areas of your life.