What do you feel when you hear the word downsizing?
In the world of real estate, downsizing generally refers to reducing the size of the property you live in and the amount of stuff you have. Downsizing is something most homeowners will do at some point in their lives and it can be a very positive and necessary experience when property needs change. So why do many people have a negative reaction to the word?
When I hear someone say they are downsizing, my writer’s imagination goes into high gear and I immediately picture this elderly couple packing away their belonging, leaving the home they have lived in for 50 years to move into an anonymous condo somewhere – maybe in Florida – far away from the familiar faces of friends and loved ones and the city they call home. And even though the move to a more manageable property may be a good thing for a variety of positive reasons – downsizing to me still feels like something is being lost.
Every year, real estate market professionals coin new buzz words. Some of these terms are used to dress up an otherwise dreary listing description by putting a positive spin on a negative feature – ‘cozy’ means really small, ‘up and coming area’ means high crime and ‘classic character’ means old and out of date.
After a quick Google search, I found precisely the right word to replace downsizing in my vocabulary: smart sizing.
What is Smart Sizing?
Smart sizing means finding the right-sized property for your individual needs. It makes sense to purchase a home best suited for your lifestyle, needs and budget, at any stage in life. This applies equally to first-time home buyers who want ultra-energy efficient houses with a smaller building footprint, to property ladder climbers with expanding families, to baby boomers with shrinking families and to seniors who would rather spend time with loved ones, or travelling or any other form of recreation without the burden of maintaining (or paying for!) a large property.
The process of moving should be a fun and enjoyable experience. After all, it’s the start of a new adventure. What we need to do is stop thinking of downsizing as a negative and rework our perspective to think about smart sizing. After all, you’re making the conscious choice to move from one place to another for the purpose of benefiting your needs on a level that did not otherwise exist before.
Make 2015 the year to smart size, not downsize, because smart sizing feels, well, smart.
If you’re thinking about smart sizing in the near future, let us put you in touch with the right mover. We’ve also compiled a list of places you can go for moving rentals and equipment to ease the transition.