Six Tips for Downsizing Your Home
There are plenty of reasons to downsize your home. Maybe you’re getting ready to retire, and you’d rather spend your time traveling than maintaining more home than you need. Or perhaps you’re getting ready to become an empty nester, and you just don’t need all of the space you currently have.
But no matter what your reasons for downsizing your home, it can be a daunting task. Nonetheless, it can also be quite freeing to slim down on your worldly possessions and focus on other goals.
In this post from the cash home buyers at Bill Buys Houses, we’re sharing a comprehensive list of tips for downsizing your Minnesota home. To meet Bill and sell your house fast for cash, give us a call today!
1. Make a Plan
As with anything else in life, it’s always a good idea to start with a solid plan. Creating a strategy gives you a place to get started without putting too much on your plate at once. While deciding on an approach, you may wish to consider using a popular organizational strategy like Swedish Death Cleaning, Hygge decluttering, or the KonMari Method.
These are just a few examples of organizational strategies aimed at helping you decide what to keep and what to do with the things you’re getting rid of during your downsizing.
Additionally, consider downloading an app to help you manage your downsizing project from start to finish and keep you on track throughout the process. Or, if you prefer a more analog strategy, pick up a notebook or journal and start listing out the details of your downsizing plan.
2. Decide How Much to Keep
While you’re developing your downsizing strategy, you’ll need to determine exactly how much space you plan to have after your move and what this means for the belongings you’ll keep. Even if you haven’t yet found a new home, you should have an idea of how much square footage you plan to work with.
Based on your post-move goals, make a guesstimate that informs the type and amount of furnishings and belongings you’ll need in your new space. If you’re not sure whether your current furnishings will work out with your new floor plan, it may be worth reconsidering some furniture and starting fresh after the move.
3. Consider Your Downsizing Goals
Before determining which of your belongings you’ll want to downsize when you move, spend some time carefully considering your reasons for downsizing. If your move will accompany a significant lifestyle change, make plans accordingly so that your new accommodations will be well-suited to your post-move goals.
Someplace on your downsizing strategy plan, create a list that explores your reasons for the downsize. Consider some of the things you currently have in your home that you won’t miss after the move, but also explore some things you may not want to give up.
For example, do you enjoy having a quiet place to read every day? Do you plan to continue pursuing a favorite craft or hobby?
Finally, consider any lifestyle changes you plan to adopt after your move. For example, if you plan to have grandchildren over to visit, you might consider getting a pull-out sofa for them to sleep on when they spend the weekend.
4. Don’t Take On Too Much at Once
One of the biggest mistakes people make when they’re downsizing is trying to do too much too soon and then quickly burning out on the work that’s involved in the process. Include in your original downsizing plans a strategy that allows you to break down the entire downsizing into manageable projects.
For example, you may decide to work on downsizing only a single room at a time or a single aspect of the downsizing, like going through your dishes or bathroom cabinets. Use a calendar to decide which project component to tackle on a given date, and make a commitment to stick to your plans.
5. Create a Resource List
While downsizing, you’ll need to decide which items to sell, donate, recycle, or trash. Decide if you plan to sell items on websites like Facebook Market and Poshmark or if you’d prefer to work with a local consignment shop or host a yard sale.
You should also include any donation spots like your local Goodwill or Habitat for Humanity store. Some nonprofits will even gladly arrange pickup from your home.
Or consider joining a local Buy Nothing group where you can share your used items online with individuals living nearby.
6. Be Purposeful About Keepsakes
Everyone has their share of personal belongings that bear sentimental or nostalgic value. But over the years, the number of nostalgic keepsakes can gradually swell, and trying to downsize can be an emotionally draining experience for some.
Sometimes knowing that your special items will be moving on to loved ones who will cherish them as much as you do can help ease the pain of letting go. If you don’t have anyone to pass them on to, you may also consider selling them and using the proceeds as a donation or putting them toward your savings.
If your more sentimental keepsakes include a lot of ephemera, like greeting cards, consider scanning them and saving a digital copy so you can feel safe to throw out the original item.
If you are someone who has inherited a home, the process of letting go of items in order to prep the house for sale can be even more challenging. Getting assistance for this kind of challenge is important, so Bill Buys Houses specializes in preparing and selling an inherited home.
Selling Your House When Downsizing Your Home
If your downsizing plan includes a move to a smaller home, Bill Buys Houses can make the move even easier by purchasing your home fast for cash.
There are many reasons to sell your home for cash, and Bill Buys Houses makes this process easy and seamless. Bill is a local home buyer who understands the Minnesota housing market better than an out-of-state broker company. From start to finish, Bill Buys Houses ensures you understand the process and are fully satisfied with the result.
Avoid Tough Sale Situations
If you’re looking to sell your home fast, a cash offer from Bill Buys Houses can get you out of a sticky situation, like if you’re facing foreclosure or if you need to sell a home as-is.
Working with Bill Buys Houses means you’ll get a chunk of cash for your existing home, which can be used as a down payment on a new home.
No Sales That Fall Through
Bill Buys Houses can help in situations where a home sale has fallen through. If your home’s inspection comes back with too many problems, then your potential buyer has the right to back out of the contract.
If one buyer falls through, the next buyer will likely back out once the inspection is performed again. Selling your home for cash avoids this situation and still allows you to move on to a new home with some cash in hand.
Can’t Fix Up That Fixer-Upper
If your home has become a money pit, then consider selling your fixer-upper for cash. Buying a fixer-upper might have sounded like a good idea at the time, but when resources, time, and money run out, you’re left with a tough situation.
If the home is not even livable, then it’s time to sell it for cash to Bill Buys Houses. We’ll get you out of this situation free and clear, and you can look ahead to a brighter future in a more turnkey home.
Downsize Efficiently with Bill Buys Houses
When it’s time to downsize or get out of a tough housing situation, call Bill Buys Houses. You can trust us to give you the fairest cash offer for your home as it is without the effort of selling your home traditionally.
To get help downsizing your home from Minnesota cash home buyers, connect with us online or give us a call at 651-270-9191 today.