If you are fed up with high costs of your home’s maintenance and desire more free time and freedom, you are at the right place. Before you make the final decision to downsize your home, you should take a lot of things under consideration. Try to plan everything ahead and see all pros and cons of your decision. In the text in front of you is the list of some of the most important issues you need to address before selling your big house and moving to a new tiny one.
Make plans before you do anything
People have different thoughts in their mind while deciding upon downsizing their home. Some of them need to pay university costs for their kids, other don’t have enough time to maintain a large house, and some just want a change in their lives. If you don’t find yourself in any of those stories, go ahead and think why do you want to downsize and invest in a tiny house. Sit and write down all reasons why you want to move to a smaller house. Make a solid plan and stick to it.
Reasons for buying a tiny house
As you probably know, the tiny house movement is getting bigger and bigger on daily basis. There are a lot of people who have already moved into their new tiny homes and started their new life there. You may say that there is a whole new population. A great thing about those houses is that they are very compact and functional, regardless of their size (between 100 and 400 square feet). Another big plus is that tiny houses are good for the environment and they just don’t cost as much. The tiny house might be just what you’re looking for.
Exclude emotions from a decision
There is a realistic possibility that after all of the planning and thinking you just decide to give up. Make sure that all of your decisions are based upon reality. Yes, everybody loves their home, but if it’s for the best, don’t hesitate to leave it behind. Try to remember how the desire for moving appeared in the first place. Once you’ve got your emotions under control, you may continue working on downsizing plans.
Pros and cons of downsizing
Every decision, regardless of its magnitude, has its ups and downs. That’s right. You’re going to need another piece of paper where you can put down all pros and cons. The biggest upside is the cost. With a tiny house, you just don’t have to worry about monthly payments. Another good thing is that you can put your little home in a middle of woods and have your privacy and freedom. At the end, cleaning your house is not going to be a nightmare anymore.
On the other hand, you won’t be able to put all of your things in it. There’s just not enough space. The solution is pretty simple: donate most of your stuff to charity. Everything else, that you don’t want to give away may be put in an affordable long term storage in your area. Another downside may be the lack of room for your friends and family who want to stay overnight.
Research will get you the best deal
In case you’ve decided to move from your old house, make sure to sell it before you buy a new one. Keep your eyes on the real estate market since you’ll get a different offer when the market is slow, and much better when demand is higher. Be patient, and consider hiring a professional to assist you with all buying/selling activities. If you’ve decided to buy a tiny house, think about the location. You probably don’t want to put it in the middle of nowhere. You’ll want drinking water, convenience store, electricity etc. Do your research thoroughly and be prepared to bargain a lot.
Give yourself enough time before making the final call. Think about every single detail regarding the selling, buying and moving. Ask yourself what is there to gain and what will be lost. Make sure to let your loved ones into the equation. Get well informed and listen what others have to say. You may as well make a few meetings with people who are already living in tiny homes and learn from their experience. They will be your most valuable guides and will help you to make up your mind.