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Benefits of Downsizing into a Smaller Home

Ever notice the push for downsizing the way we live? Homeowners are realizing that “living large” doesn’t mean bigger is better. On the contrary, there are many benefits to downsizing to a smaller home. Regardless if it's voluntary or that you are forced to move for job relocation or other life events, decreasing your home size has its benefits.

Saving money, energy, resources and time on upkeep are just a few benefits. Here's a few more benefits of living a “cosy life”.

downsize small home exterior Top 10 Benefits of Downsizing into a Smaller Home

Spending on Necessities

The more space you have, the bigger area you feel like you need to fill every square corner with! With a smaller home, you could start using money on home items that are actually used for a function and not just to fill space. Downsizing into a smaller home will help you prioritize your life and only bring what is necessary to your home.

Enjoy the benefits of smaller living

Living in a larger home leads to greater stress and upkeep. From cleaning, maintenance, furnishing, outdoor home upkeep and the cost to run all of these factors can lead to a home that is stressful. Downsizing your home gives you a stream-lined life. Reducing daily chores and maintenance will let you enjoy leisure activities, spending time with your family, getting more rest, and maybe loving your home more than loathing it.

downsize home kitchen ideas Top 10 Benefits of Downsizing into a Smaller Home

A smaller home means often leads to a happier home

Smaller homes enable the family to bond and work together compared to large and spread out floor plan homes. With smaller homes, family members and roommates get organised and can compromise over living arrangements, sharing closets, and making a small home feel cosy instead of cramped. Instead of looking at a smaller home as a downgrade, look at it as a way to a happier domicile.

Save energy

Living in a large home means living with high energy costs. From heating and cooling costs to water savings in your bathrooms and kitchens, it costs a lot to run a large home. Save energy and water in your smaller home with a smaller kitchen. Smaller homes will give you the benefit of reducing your family’s carbon footprint whilst enjoying a lower energy bill in both warmer and cooler months. Take your savings even further by ensuring that your key fixtures such as your lighting and tapware are water and energy efficient.

downsize home bathroom ideas Top 10 Benefits of Downsizing into a Smaller Home

Create more organized living in your bathrooms

Down-sizing can free up your lifestyle for traveling

Your house requires a lot of work when you leave town. From ensuring security systems and doors and windows are properly monitored to monitoring exterior lighting and keeping your grounds up, traveling can often be a burden when you have a large home. If you decide to downsize, traveling can be less of a hassle when you need to leave your home for extended periods of time, especially if you downsize to an apartment or condominium unit from a stand-alone house.

Open a new chapter

For many homeowners downsizing their home can be a new chapter. Whether you are an empty-nester who has older children who have moved out or you simply want to have a fresh start, downsizing can represent a way to start a new life in a new home. Consider opting for a smaller home that has less upkeep. You can even consider getting a place at a condominium or other types of planned communities where a board of directors take care of property management. Having other people maintain the grounds and other amenities where you live lets you enjoy more your home and worry less about maintenance.

downsize living windows ideas Top 10 Benefits of Downsizing into a Smaller Home

Would a smaller home help you have more time for life?

Small home living is enhanced in an urban city

Ever wonder why a one room loft in a bustling urban city feels more cosmopolitan than a one room apartment that has 5 times the amount of space in the suburbs? There is something to be said about being amongst other city dwellers – where everyone is living in smaller homes than they would prefer. Make the most of your urban abode with color, creative multi-function furniture and bring in plenty of light into your space. While you may not have the penthouse of your dreams, you can play up your small home living with urban wall art, colorful home decor and lighting.

Splurge on a few key furniture pieces in a smaller home

Initially you may think that downsizing means you can't make your home look fabulous, think again! The greatest dwellings are ones that have style and creative uses of space and proportions. Instead of massive living room sets, splurge on a few key pieces like a dynamic colored couch that draws attention to your decor and not the size of your room.True beauty is the functionally of using space incorporated with fun. Size should never be a hindrance!

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A few key pieces of furniture can brighten your small interiors

Creative organization is key to small home living

Liven up interiors with creative organization. Built-in bookshelves can make any space into an instant library. Vertical organization in a small closet can be enhanced with split areas for folded, hung, and drawer wardrobe storage. Downsizing lets you get rid of the clutter and organize only what is essential.

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A paired down lifestyle will help keep you out of debt

While this won’t be true for every homeowner, pairing down your small living lifestyle may help you from over spending, over charging, and over buying for your large home. A smaller home will help you keep shopping sprees on a budget because there won’t be enough space to house too many new additions! If you are trying to save money and keep your credit from going into the red, consider downsizing your home – your bank account will thank you for it.

So the next time you need to give up that massive grand bedroom or 3-storey house, don't see it as something negative. Look at it as a chance to turn a new chapter in your life. A new clever, efficient, and functional life.

Happy renovating!

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