When we talk about downsizing, we usually think about empty nesters whose kids have flown the coop. And according to a recent report by the Australian Housing and Urban Research Institute, more than half of Australians over the age of 55 are open to the idea of losing extra bedrooms in favour of building a smaller home on a more manageable block.
But it’s not just parents whose dependents have moved out that are attracted to the idea. A smaller home can appeal for many reasons, from more manageable utility bills to freeing up equity tied up in a home that’s larger than your needs.
It’s also a great excuse to Marie Kondo all that stuff that’s overflowing in every available storage space. You can even downsize while keeping the same amount of bedrooms on a smaller, smarter footprint, leaving room for guests.
Whatever your reasons, we’ve got 10 top tips to help you smooth over the move.