Downsizing: Keep it Simple

Posted on: December 18th, 2019 by Melinda Anderson | No Comments

Forty-six percent of Baby Boomers who sold homes in 2017 were in the process of downsizing, according to Zillow, and the National Association of Realtors reports 12% of those in the 45-64 age group were doing the same.

A large home with a yard requires weekly upkeep and many of us are calling it quits and moving into a smaller home.

There are many reasons to downsize: retirement, kids leaving home, a drop in income, too much house to clean, need a home without stairs, leaving the suburbs for the city and having a shorter commute to work. Not to mention saving money each month on heating and cooling rooms you rarely use.

Keep it simple and follow these four steps to downsizing quickly:

Step 1

Take photos of your current home. It can be fun to look back at your old place after you move and photos can also be a tool to help you select what to take with you. 

Then measure your new home and make the biggest decisions first. Will you move large items like the washer, dryer, and refrigerator or will you buy new ones when you get there? Will you take your dining room set and bedroom set or will these pieces take up too much room in your new, smaller space? Measure other furniture pieces and determine what will fit in your new living space. Don’t forget to account for a home office or a hobby area if these areas are important to you.

Step 2

Make 4 piles: Keep, Giveaway/Donate, Sell, and Trash.

The Keep pile contains the things you need, use, and love.

The Giveaway pile is possessions that will go to friends and family who can use them, and donations go to Goodwill or other charity.

The Sell pile is optional, but if you’re looking for extra cash this is a good way to do it.

MaxSold is an online downsizing and estate sales company that sells furniture, art, and everyday household items quickly and conveniently. You have the option of photographing and listing your items for sale using the MaxSold Ninja app, or the MaxSold team can come to your home or storage unit and do it for you. Use referral code AN0893 and save $100.

Poshmark is an online marketplace for selling gently used clothing, shoes, accessories, and home decor. The Poshmark app is easy to use and you can begin selling your unneeded items in no time.

The Trash pile is for those items that have no value. Some options for removing trash include curbside pickup, bulk waste pickup, and a hauling service like Stand Up Guys and College Hunks Hauling Junk.

Step 3

Prepare to move by contracting for utility service in your new home and completing a change of address form online at the US Post Office.

Step 4

It’s time to Pack all the belongings you are keeping. If you are over 65, you may want to get help from a Senior Move Manager or a packing service. If you do it yourself, you’ll need cardboard boxes in a variety of sizes, rolls of packing paper, and packing tape. Be sure to pack a Day 1 box with essentials you’ll need upon arrival in your new home like paper towels, toilet paper, and hand soap. 

The process of downsizing can be done quickly when you have a tight timetable or it can be accomplished over a period of months.

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