It’s no secret, downsizing is taking off in a big way. Homeowners and those entering the market are realising that living big does not always mean big blocks and big houses. In fact, it is quite the opposite for some. Here are just some of the benefits of downsizing your home to upsize your lifestyle.
SPEND LESS
Not only will you on average spend less on the purchase price of your home (and less on mortgage repayments), you will also spend less on the other costs. Furniture costs are reduced, household expenses are cut down, insurance costs may be less, you may cut down on your rates and the list goes on.
TAKE BACK TIME
Having a big house leads to a key time waster – cleaning, tidying and maintenance. Chores and general maintenance can take hours out of each week. Downsize your home to lighten the load and take back your time for the other things you really love.
Travel More
Embrace those spontaneous holidays by reducing the need for extensive home maintenance, meaning more money in the bank! Money can’t buy happiness, but reducing the stress of bills and overheads and having more disposable income for travel (or whatever else you love) can certainly help.
START FRESH
If you are already a homeowner, downsizing can mean a fresh start. Not only do you have a great excuse to declutter and redecorate, you can build a lifestyle you love. Maybe you want to live by the beach, in an urban setting or in a picturesque suburb surrounded by parklands. Whatever your dream, downsizing makes it easier to obtain.
