The right way to downsize your home - E Mortgage Capital

The right way to downsize your home

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Whether you're motivated by financial benefits or lifestyle perks, moving to a smaller space can be a smart idea with lasting benefits. Ready to start this daunting but exciting task? Here are some tips to help you seamlessly and successfully downsize your home:

Start early. While it's not always possible, you'll fare better if you give yourself ample time to make the transition. Plan to allow at least three months to downsize; that's long enough to sort through your possessions and manage all the details of a move.

Take inventory. It's not easy, but giving all your belongings an honest assessment will ensure that you only keep items that really matter. Ask yourself: If your possessions were lost in a fire, what would you actually replace? Outlived items tend to get stored in the basement, attic or garage, so it's wise to start the decluttering process there.

Make a plan. As you sort, begin grouping items that don't make the cut: Will they go to family, friends or charities? Another option is to sell them online or at a consignment shop. Before you bring the "keepers" to your new space, make a simple floor plan with measurements and assign each item a spot to make sure everything fits.

Live creatively. You'll live large in your new small space if you follow some basic decorating and storage tips:
  • Hang mirrors.
  • Use double-duty furniture (like a storage ottoman or a bed frame with drawers).
  • Consider tall bookcases.
  • Utilize hooks and shelves to maximize your vertical spaces.
Downsizing is going to be a big change, but a good attitude and some careful planning can help make sure your new space is a good fit.


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