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What You Need To Do Before Moving Into Your Downsized Home
No matter what phase of your life you’re in, choosing to downsize your home can be a fantastic idea. The number one reason for downsizing is that you’re saving money, something people of all ages can appreciate. With a lower your mortgage payment or not having one at all if you’re able to pay for your new home with the sale of your old one, you’ll be able to pay off debt, beef up your retirement plan, and put a little more cash toward doing things you enjoy—which you’ll have more time to do since you won’t be wrapped up in housework and maintenance. If that isn’t enough to take a load off your shoulders, you’ll also have lower utility bills and taxes to boot. Before jumping ship, make sure you create a strategic plan so you don’t tack on additional moving stress. Team Schlopy presents some tips to get you started.
Hire a Professional Organizer
Decluttering a home can be an extremely overwhelming process no matter your age. For seniors, it can be difficult to go through so many objects that have a lifetime of memories. For those just starting out, you may have your kids’ things to deal with on top of your own. To expedite the decluttering and packing process while helping you move into your new home in a non-chaotic manner, hire a professional organizer. These pros are becoming one of the most popular in the home-organizing industry—and with good reason. Their services have been touted as “life-changing,” and sometimes you just need an outside source to help you figure out what to keep and what to toss/donate. A professional organizer can also help you strategize the move into your new home so you’re not sitting there overwhelmed by a pile of boxes.
Make Home Improvements to Increase Resale Value
The amount of money you’ll save each month depends on how much you’re downsizing. MoneyNing offers one example where you could save approximately $458.75 a month if you reduced your home size by 25 percent. Again, this depends on your mortgage rate and the cost of utilities and property taxes. To boost that number, consider making home improvements to increase its resale value.
Things to Consider Before Moving Into Your New Home
- Make Accessibility Changes if You’re a Senior
Whether you decided to downsize doesn’t change the fact that most seniors feel more comfortable making accessibility changes in their home. If your downsized home isn’t already equipped with features such as safety rails and a walk-in shower (with chair) in the bathroom, wider doorways, a ramp for someone with a wheelchair, and lower countertops and shelves for general mobility issues, consider installing what’s needed before you move in. Even if you don’t need any of these adjustments right now, you may in the future, so take care of the installations in advance of a crisis. Keep in mind that you’re not obligated to pay for these modifications should your medical provider be able to verify that you’re in need.
- Handle Any Remodeling in Advance
You may be moving into a home that has had recent upgrades and remodeling tweaks. Even so, it’s possible that not everything is to your liking, so you should do any major remodeling before moving in so everything doesn’t become dusty and cluttered right away. Along with minor remodeling in the bathroom and turning an attic or basement into a functional living space, kitchen remodels are among one of the most popular projects among homeowners. The money you’re saving from downsizing can be used to remodel your kitchen.
Lastly, don’t forget to change the locks on your new home after you move in. Since you don’t know how many keys for the property are out there, it never hurts to bring in a pro to rekey your doors. Just remember to set aside around $50 to $150 per lock for this task.
Consider switching up the decor in your new home to give you an even more positive feeling about downsizing. Choose items that are better suited to your new home’s space and configuration. Don’t stress out about the process of moving into a smaller house. As long as you prepare in advance, you’ll be able to transition into your new home without feeling like it’s cluttered and disorganized.
Looking to downsize? Team Schlopy can lead you through the complete home selling and buying process. Call (435) 640-5660 to get started today!