If You’re Downsizing, Make Sure You Don’t Do These 6 Things

If You’re Downsizing, Make Sure You Don’t Do These 6 Things

You may be wondering if its time for you or someone in your family to downsize their home. There are many reasons why one may want to downsize: empty nest, location change, the cut of maintenance, the cut in price, etc. This time can also be filled with anxiety and stress for the homeowner and the family. Luckily, you can learn from others’ mistakes! Take a look at the top 6 mistakes people make when downsizing their home:

1. Waiting too long to downsize

Are your kids gone? Is the mortgage paid off? Are you in reasonably good health? Think of it this way: It’s better to move nowโ€”while you have the strength and energyโ€”than later, when it will be harder.

โ€œThe biggest mistake we make on downsizing is that we wait too long,โ€ saysย Jacquie Denny, co-founder and chief development officer of estate sale marketplace,ย Everything But the House.

Typically people wait until an illness, or even when one spouse dies. That means weโ€™re downsizing while weโ€™re grieving or struggling through poor health, which areย far from ideal circumstances.

Instead, Denny says, โ€œwe should actuallyย planย aheadย to downsize so that it is a lifestyle choice”โ€”e.g., exchanging onerous yardwork for funย activities such asย golf games or long hikes. Don’t mistake this, however, for rushing the process; Dennyย suggests giving yourselfย a full six months to prepare for your move.

2. Givingย your kidsย too long a leash

Odds are, your kidsย can help you downsize by grabbing some furniture you won’t have room for, or a fewย mementos that are meaningful to them.

โ€œHave your children over and ask them which pieces, if any, they would like to incorporate in their home,โ€ says Denny.

The one caveat: Give them a time limit. None of this โ€œI may want that dresser, but give me a couple of months to figure out where Iโ€™d put it.โ€ This is a time for tough love. Stateย a date by which they need to remove anything they want to keep.

3. Tacklingย your whole home all at once

Downsizing your whole homeย at once will likely be overwhelmingโ€”so instead, focus onย thinning out yard tools and kitchens first, since โ€œpeople are usually going to a leaner lifestyle in these areas,” says Denny.

If youโ€™re moving to a home where outdoor spaces are maintained by the condo association, you can just get rid ofย allย your yard gear. (OK, maybe keep a spade and gardening gloves if you have houseplants.)

Downsizing the kitchen will take more work. Start with what you want to keep and set that aside. Make sure itโ€™s really going to fit in a smaller space, that itโ€™s all worth the bother of moving, and that youโ€™ll actuallyย useย the stuffย regularly in your new home.

4. Tossingย all your possessionsย in the trash

Feelingย guiltyย about haulingย everythingย to a dumpster? There are other options.

My mom, for instance, didnโ€™t want to deal with the hassle of a yard sale, so she put out the word to friends and neighbors that she had a house full of furniture for the taking. She also scheduled a pickup fromย Habitat for Humanityโ€™s ReStore, which accepts donatedย furniture and more,ย with the proceeds of any salesย going toward buildingย houses for those in need.

5. Assumingย your furniture willย fit in your newย digs

So how much furnitureย should you keep? First, measure each room in your new home. Then measure the pieces youโ€™d like to take with you and make sure theyโ€™ll actually fit. You may want to try a virtual room online tool to figure out how youโ€™ll configure your furniture in your new home.ย Planner 5d,ย Roomstyler 3D Planner, andย HomeByMeย are all free.

6. Focusingย onย how you’re losing all your ‘stuff’

So many memories to leave behind. How do you do it? Take photos of whatโ€™s hardest to leave. I like whatย Suzanne Stavert, author ofย The Empty Nesters blog, says: โ€œIt is so refreshing to realize โ€˜what we really needโ€™ is our family and friends. The โ€˜stuffโ€™ is so secondary.โ€

 

Source: Realtor.com