People downsize all the time. It could be due to economic situations, it could be simply that the home is now too big for the people living there. You may be moving to elsewhere, to a place where prices are cheaper and so you can get some money by buying something less expensive. Whatever your reasons, downsizing doesn’t have to be a negative experience. In fact, with the right knowledge and help, you can get a lot more from downsizing than you would usually expect. Here are some tips for helping with your downsizing.

1. Start By De-Cluttering

The absolute first thing you need to think about when downsizing is space. Sure, your current home may have plenty of extra space for extra items, but your new place probably won’t. So it’s important to throw out the things you don’t need, either by donating them, selling them off, or simply putting them in the dumpster. Doing so will not only help your home look cleaner and more presentable come time to sell, but it will make your move a lot less stressful.

2. Don’t Throw Away Everything

That being said, don’t simply throw out everything, and don’t throw out things that are useful but not worth anything. You could be surprised at how much money you can get for things like old couches, rugs, kitchen appliances, and other objects. Throwing them online can get you a little bit of extra cash that you would never expect. And some of those items may be better suited for your new place, like a smaller couch or chair. In that case, you can sell your newer, more expensive items and make even more money.

3. Start Early

When selling items through online sales and even through classified ads, the process can take some time. Be sure to start selling early so you can focus on your move when the time comes. Give yourself at least three months to start selling. That way, things that don’t move can be properly disposed of before you move, and anything that does move can give you insight on how to price other items. Overall, if you start early, you’ll have a better experience.

4. Use Small Rooms to Get a Feel For Space

Even if you’re moving into a smaller space, your home probably has comparable rooms that you can use for templates. This can help you plan what, and how much, you can take to your new place. Start with living spaces and bedrooms, mapping out what can fit and where, and then set aside things that simply won’t fit. Then, start selling the items set aside and start preparing the other pieces for the move.

When downsizing, the bets plan is to plan ahead. Start early and be realistic when it comes to what needs to go and what needs to come with you. If you do, you can get more money for your downsize, and do so in a less stressful manner.

Posted by Gurpreet Ghatehora on


Email Send a link to post via Email

Leave A Comment

Please note that your email address is kept private upon posting.

Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2023 by the REALTORS® Association of Edmonton. All rights reserved.

Listing information last updated on March 31st, 2023 at 1:01am CDT.