The Upside of Downsizing (For Young Families Too!)

Dated: August 27 2021

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The Upside of Downsizing

The decision to downsize to a new living arrangement may be one of the best decisions you ever make. The advantages are numerous and you do not have to wait for years to reap the benefits. As a hedge against the impact of inevitable economic cycles, downsizing is a housing option that makes sense for young and old alike. There are, of course, certain fears associated with a move that also heralds a major lifestyle change. The best advice I can anyone contemplating a downsizing move is to summon the courage to make the move that makes the most sense for you. If you are nervous, start by turning perceived negatives into positives.

While expansive homes with plenty of space are a nice luxury, many modern homeowners find that the extras space ends up costing more than it is worth and does not always mesh well with their lifestyle. Young families today are less interested in extra square footage and acreage than they are in proximity to the workplace, urban amenities, transportation and good schools. Downsizing to a smaller home frees up cash each month to spend on family activities or redirect into savings. Families in Toronto, Vancouver and other thriving cities have long embraced the exchange of smaller space for bigger lifestyle and the trend seems to be catching on throughout Canada.

Anyone who has lived in a home for a long period of time will tend to have an emotional attachment to the property – particularly if it was a family home where you raised your children. The attachment is inevitable and understandable. In many instances, the decision to downsize will involve getting rid of a lot of “stuff” that you have accumulated over the years. Rather than viewing the need to rid yourself of belongings as a sad, anxiety-inducing task, think of it as a chance to lighten your load and free yourself of unnecessary clutter. With the right mindset, ridding yourself of extra belongings can actually be a very liberating experience. Do not be afraid to ask friends and family to lend a hand in designating items for gifting, donating, storing or disposing. If you prefer, you can always hire a professional to help organize and sort, or perhaps a moving company to help with the process entirely.

Downsizing will not only lighten your load in terms of clutter, it will also gift you with the one thing we all have too little of – time! By moving to a condo or smaller home, you will free up hours each week to invest in the things that matter most in life. Instead of shoveling snow and cutting grass on weekends, you will be free to travel and pursue your favourite leisure time activities with loved ones. And for many downsizers, the move will result in more disposable income to pursue those passions.

Keep in mind that the memories of life in your old home will remain in your heart forever. In choosing a new home and neighbourhood for the next exciting chapter in your life, make sure to work closely with your Realtor to ensure that the new living arrangement reflects the new you.

Are you looking to Sell or Buy a home in Calgary and need someone who won’t rest until you’ve found your dream home or until your home is sold? I’ll work hard to earn your trust and to deliver exactly what you need. Contact me at 403-589-0004 or at TheHowardTeam.net.

About Bryon Howard

Bryon Howard and his team of Calgary real estate professionals sell an average of two homes a week. He is a member of the MLS Million Point Club, which ranks him roughly in the top 1% of productive realtors in Calgary. His aim is not just to please clients but to help them buy/sell a home in Calgary at the best price, in the shortest time, and with the least hassle. He is a member of the RE/MAX House of Real Estate that leads in the Canadian market. Learn more about Bryon at TheHowardTeam.net.

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Bryon Howard

From a very young age, I had determined that I wanted to be in the eco-tourism / adventure business. I would take small groups of people into communities in interesting parts of the world. I would ass....

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