If you love creating, designing, and stylizing your own space, this could be a great option for you. And the added benefit is that you’ll have less stuff, since you’ll already have decluttered by this stage in the downsizing process, so it won’t take as much time, energy, and funds to design your entire home.
3. You can take pride in homeownership.
There is definitely a sense of pride that many people feel in homeownership. If you loved owning your own home and aren’t quite ready to give that up, then another single-family home or a townhome could be the perfect option for you. You can still be an independent homeowner, but enjoy things like less maintenance and upkeep, which will save you time, freeing it up for things like leisure activities, family, and travel.
4. You can still have enough room for guests.
Some homeowners worry about downsizing because they assume they will no longer have enough space to host children, grandchildren, other family members, and out-of-town guests for the night (or longer). However, if you downsize into a smaller house or even a townhouse that has an extra bedroom or two, you can still have that bit of extra space to host overnighters when you need it.
5. You can save on utilities.
As we mentioned in the previous chapter, if you downsize your home, you can also save money on some of your bills! If you choose a smaller single-family home or townhome, you can save a significant amount on utilities, such as electricity and gas. Smaller houses are often considerably more energy-efficient than older, larger homes.
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