Perhaps you now have an empty nest with too much space or you are looking to retire in your dream home. It could be that you want to move closer to family and friends. As much as you might hate to admit it, maybe your mobility isn’t what it used to be. Whatever the reason for downsizing, you’ve made the decision, and it’s time to move forward. Where do you start? The process can seem a little overwhelming, and it is certainly a big change, but with the right plan and information, you can downsize with ease.
Purge Your Items
Downsizing to a smaller home means less space, so you’ll need to sort through and downsize the items in your home and decide what to keep and what to take. Start by scaling down the big stuff. For example, if you are moving from a three-bedroom to a one-bedroom home, it simply doesn’t make sense to pack up all three bedroom suites. Take a look at the layout of your new home, break out a tape measure, and carefully plan where each piece of furniture will go. You may find that you need a smaller dining room table or don’t have room for both recliners. As for the small stuff, don’t automatically assume that the box of junk is really a box of junk. Give every item, big and small, a ‘yes’ or ‘no’ vote to ensure you don’t get rid of treasured items.
To avoid that overwhelmed feeling, focus on paring down one room at a time. Consider involving family members, as some items hold special meaning for different people. In fact, you might find that the item you thought for sure your child would throw a fit about if you were to get rid of it isn’t as big of a deal to them as you thought. Take your time during this process, and if you find that you are struggling with whether or not to keep an item, ask yourself how often you use it. For even more downsizing tips, check out this handy checklist to keep you organized and headed in the right direction.
Plan for the Future
Downsizing your home as a senior comes with an extra step – home modifications. You might not need them now, but if you are planning to age in place and remain in your home as long as you are physically and mentally able to, it will be worth your while to make a few adjustments now and in the future as your needs change. The kitchen and bathroom are the two most common rooms of the house that will need some upgrades. In the kitchen, you may find that countertops and cabinetry need to be lowered, especially if you are wheelchair-bound, and the island in the center might become a bumping and bruising hazard. As for the bathroom, grab bars in the shower and tub will reduce falls, and upgrading to a walk-in will increase safety.
If modifications are necessary, factor this into your expenses before you move. For example, according to HomeAdvisor, a kitchen remodel will cost between $22,327 – $46,926 in San Diego, CA. A remodel like this will likely take two – three weeks to complete. Walk through each room in your home and consider what changes are necessary now and bring in a contractor to ensure it is feasible before signing the dotted line.
As your needs and abilities change, further modifications may be necessary. Keep in mind that modifying your home increases your independence so that you are able to continue living and enjoying life as you always have. It isn’t a sign of weakness, but rather a sign of intelligence. Downsizing to a smaller home is common among seniors, and in doing so, you are setting yourself up for years of happiness and comfort in a home that is right for you.
Article provided by Marie Villeza, ElderImpact.org
This article represents the opinions of Marie Villeza, and not necessarily those of C2 Financial Corp.
Fair use and redistribution
This article is copyrighted and may not be used or reprinted without permission. However, we encourage you and freely grant you permission to reuse, host, or repost this article and any images used therein, provided that when doing so, you attribute the authors by linking to LoanGuide.com or this page, so that your readers can learn more about this topic. Your link must be a “dofollow” link.
For any other use, please contact us at LoanGuide@Outlook.com