The Upside to Downsizing Your Home

Date Published 02 September 2024

There are lots of reasons that people decide to move home and 'downsizing' is sometimes a big factor. So called because it refers to selling a larger property and buying a smaller one, it can be a perfect solution for people in various scenarios.

It might be a way of reorganising finances, perhaps fuelled by a desire to become mortgage free or simply to release pent-up funds gained by rising property values over the years. It could also be driven by the realisation that your home might simply too big for your current needs.

Whatever the positive reasons for choosing to downsize, there are a number of things people worry about too.

Emotional experience

When you are deciding whether to move to a smaller property there can be a strong set of emotions you might be dealing with.

Leaving the home in which you've lived in for a long time and had become a part of your life will always have an impact. Memories will have been made and built up over the years, but these are things that will always be with you, wherever you live.

Downsizing can actually bring with it many positive emotions too, as it signals a whole new chapter in life, one that will make new happy memories.

Friends, family, familiarity

Part of our job as estate agents is to understand what our clients are going through. Everyone we help to sell or buy a home will have different reasons for moving and different hopes and concerns too.

Moving at a certain stage of life doesn't mean losing touch with family, friends and the familiar locations that you have enjoyed for years. That's one of the many ways we use our own skills and experience to help you, because there are plenty of opportunities to stay in Ferring, Goring and the wider Worthing area
when you make this type of move.

It really doesn't have to mean you will be moving away from the areas, people and facilities that you know and love. We help people stay in the same location all the time.

Practicalities

Downsizing is often a sensible and thought-out solution to managing the practicalities of life.

Having a four bedroom home is a great idea where you're bringing up a young family, but when they are now adults with their own lives a larger property can bring its own worries.

Simply keeping every clean and tidy can be a tough job, while heating bills are now a consideration for everyone. On top of that, rumoured changes to the way council tax charges are levied could be a major headache for some in the near future.

There are so many advantages to downsizing that it's hard to fit them all into a blog - so call us on 01903 501 105, email us or come into our office at 325 Goring Road next time you're passing. We can give you all the help and advice you need to come to an informed decision.