19 Jan Why Should You Downsize? And Steps to Take
Why Should You Downsize? And Steps to Take
Downsizing is about simplifying and changing your living arrangements to better fit your current and future needs. A larger home requires a lot of maintenance and may become a physical and financial burden. Physical changes may cause safety concerns and the need for a home with accessible options and features. As we enter our senior years and our lifestyle changes, it may be time to downsize or shall we say right-size to our lifestyle needs and preferences.
When downsizing it is important to review all of the housing options available. Here are some points to consider:
Neighbourhoods and Housing Types
There are many different neighbourhoods and accessible types of houses in Ottawa and the surrounding areas to suit your preferred lifestyle such as adult or retirement communities, independent living facilities, smaller bungalows, townhouses, condominiums or apartments. They offer many different lifestyle options, whether you are looking for a quieter, less hectic environment, an active social hub or parks, or other amenities geared towards your interests. Think about what you do day to day and where you would like to be close to: parks, shopping, other amenities, family and friends. Check out different Ottawa neighborhoods and housing types to see what they offer.
A smaller home
It is important to consider your needs, as smaller space will mean reducing your possessions. Consider what is important to you, what you spend your money and time on. It is important to know what you are looking for before you begin your journey to find a smaller, more manageable home that meets your lifestyle needs.
When moving to a smaller home: Make a plan with a timeline, organize – classify your possessions (keep, give, sell). Donate and sell possessions, (click here for a list of some of the local organizations in Ottawa where you can donate your used items )– start with one simple room to make room for storage. Then progress one room at a time at the pace that is good for you. If you need help there are professionals that can help you organize and get ready for the change. These steps will also help make selling your house easier.
Buying a condominium
A condominium offers a maintenance-free lifestyle and often many amenities such as swimming pools, gyms, security, social activities and others, depending on the type of condo you buy. Keep in mind your budget should include the monthly condo fee.
The emotional challenge
Making the decision to downsize is not only about practicality, there is also an emotional aspect that must be considered. There are many memories and experiences that have taken place in the home over the years, and it is to be expected that there will be some emotional challenges when deciding to move. Making a list of the benefits and reasons for moving can be very helpful.
We have helped many seniors on their journey to change their lifestyle to right-size. Please let us know if we can help.