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How Senior Citizens Can Plan to Downsize their Home as Per Their Needs?

If you’re approaching retirement age, you may be noticing that your home is becoming a touch too big. Your six-person dining table is rarely used, and any children’s rooms are now unoccupied or have been repurposed. You’re probably paying for more houses than you need now that you only use a percentage of the area you possess.

There Are Three Reasons to Downsize:

Financial need: Many senior citizens face unanticipated medical expenses, home insurance premiums, and electricity costs. The most practical answer is selling your home and relocating to a more affordable location.

Health concerns: Many seniors downsize to a smaller house where at-home care is more readily available. There are fewer daily challenges to struggle with, such as stairs or other mobility issues. Access to public transit, especially if driving has become a problem, and the quality of and closeness to hospitals, could be motivators.

Convenience: You’re not alone if you’re bored of performing all the chores that come with a larger home. Many retirees choose smaller homes because they are less expensive and time-consuming to maintain.

Downsizing in your new location could be part of your retirement plans if you want to retire out of state or even in your present city.

How to Go About It?

Preparing to relocate should come before buying a new house or even selling your current one, believe it or not. Because downsizing entails getting rid of so much stuff, it takes a lot more time and effort than a regular move.

The average home has over 300,000 objects, so you should begin progressively removing items as early as a few years before you want to move.

Here are a few effective methods for minimizing your belongings in preparation for your move:

Begin As Soon As Possible

Take your time, and don’t try to clean the entire house in a single day or weekend. Property mentors like Wendy Russell advise you to allow yourself some this process since it will almost certainly take longer than you anticipate. A timeline of a few weeks to a month is more feasible.

Digitize Your Media

Naturally, you’ll want to keep hold of cherished family memories. Many of those memories can now be uploaded to the cloud, where they will take up virtually no physical space.

Photos and even childhood artwork can be scanned and stored on a hard drive or transferred to a cloud storage site like Dropbox. You can convert VHS tapes to DVDs or mp4s and cassette tapes to CDs or mp3s in the same way.

Some firms specialize in uploading images, videos, and tape recordings to the cloud for a fee if you have too much stuff to digitize yourself.

Reduce Collections in a Unique Way

It isn’t easy to let go of a lifetime’s worth of porcelain dolls or snow globes from all your holidays, but they’ll take up a lot of room or end up in a box where you’ll never see them again.

Alternatively, you can preserve a few and take high-resolution images of the rest, which you can then turn into a photo book to display on your coffee table or mantle. You and your visitors will be able to enjoy them without being surrounded by clutter.

Final Thoughts

Reducing the size of your home is an emotionally taxing undertaking. In the course of your journey, you will come across stuff that you haven’t seen in a long time. Decide to allow yourself some time to reflect on the past. Consider your space constraints when planning your project.

 

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About the Author

Kaya Wittenburg

Blog Author and CEO

Kaya Wittenburg is the Founder and CEO of Sky Five Properties. Since the age of 10, real estate has been deeply ingrained into his thoughts. With world-class negotiation and deal-making skills, he brings a highly impactful presence into every transaction that he touches.

He is here to help you use real estate as a vehicle to develop your own personal empire and feel deeply satisfied along the way. If you have an interest in buying, selling or renting property in South Florida, contact Kaya today.

   
Feel free to call me at: (305) 357-0635
or contact via email: info@skyfiveproperties.com