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Don't Put Off Downsizing To A New Home

Posted on Wednesday, February 8, 2017

Don't Put Off Downsizing To A New Home

There has been much chatter in the news this week about the government offering pensioners with large homes incentives to downsize to ease the pressure on the housing market. Tracy Ross from Blissfully Organised shares some of her top tips on how to get started. 

 

 Why Downsize?

 Some downsizers are looking to move nearer to children or family, whilst others are looking for a change of scenery. For those interested in the Theatre and Galleries a move into central London would make sense or some people want to follow their dream of moving to a favourite holiday destination such as Devon or The Lake District.

 A growing trend is for people to move to a smaller home to free up equity to support their children through university.

 Benefits of downsizing

 There are plenty of good reasons why moving to a smaller home makes sense.

 

·        Reduce high monthly outgoings (cleaners, gardeners and maintenance)

 ·       Smaller utility bills

 ·       Free up equity

 

The biggest worry of downsizing

 The biggest worry for people thinking about downsizing is how will I keep my possessions in a smaller property? The prospect of decluttering their possessions is a big deterrent and can often lead to inaction. But decluttering and reducing the number of belongings you have can be uplifting and is s step a new phase in your life.

 

The key is to give yourself plenty of time. Decluttering should begin 3 months before you put your home on the market. This will give you ample time to review all the hidden storage spaces in your home such as the loft, cellar, garage, shed and built in cupboards.

 

Easy Steps to downsizing

·       Make a floor plan of your new smaller home.

 ·       Measure the furniture that you want to keep. Ensure that you only take furniture that will comfortably fit into your new space. You may need to replace some key items such as a sofa and dining table and chairs for a better fit.

 ·       Don’t feel like you have to get rid of everything. Offer items to friends and family or put a small number of items into storage to give you more time to think about it. I would recommend that you don’t keep items in storage for longer than 6 months.

 ·       Make a plan to start decluttering all your old storage areas one space at a time. This includes the loft, basement, shed, wardrobes, bathroom cabinets and kitchen drawers.

 ·       Deciding what you need to keep requires a look at how you live your life. Which activities and hobbies do you enjoy (art, reading, walking, fishing etc?)

 ·       Identify the items that you no longer want to keep. There are many valuable ways of donating your unwanted items through local charity shops and homeless charities.

 ·       Make a list of all the valuable items that you wish to sell (paintings, furniture, jewelry, watches, and collections). Many reputable auction houses offer a free valuation service which will allow you to determine which items you wish to sell.

 ·       Personal paperwork. This is one area that will take you the most time. Reviewing your current paperwork is key to preparing for your move. You need to have everything in order to sell your current home and everything ready to move to your new home. Shred unwanted paperwork and file the papers that you need to keep.

 ·       Photos/Cards/Memories. This will be the other area that will take you a long time to sort through. Create a memory box for your most important memory items and consider digitising your photos to save space.

 

Tracy at Blissfully Organisation Home Organisation and Decluttering has helped many clients prepare to move home. Please contact her at www.blissfullyorganised.co.uk if you are considering downsizing to a smaller home and don’t know where to start.