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At some point, many of us reach a stage where less really does feel like more. Whether it’s the kids moving out, the garden feeling like a full-time job, or the realisation that you’re rattling around in a home that’s too big, downsizing can be a fantastic way to simplify life and free up time and resources for the things you love.
If you’re thinking about making this move, here are five practical tips to help you navigate the process and make it a success.
1. Start with a Plan
Downsizing isn’t something you want to rush into. Begin by thinking about what you need from your next home. Do you want to move closer to family? Are you looking for a low-maintenance property? Maybe you’d like to be closer to the beach or local shopping centres.
Once you’ve narrowed down your goals, start researching the property market in those areas. A good real estate salesperson with local knowledge can be invaluable here, helping you understand what’s available and what’s realistic for your when you take into account the sale of your existing home.
2. Declutter with Purpose
One of the biggest challenges of downsizing is letting go of the stuff you’ve accumulated over the years. If you have adult children who have flown the nest and left a huge amount of their childhood belongings behind, now is the time to put the call out for them to collect anything they would like to keep and move these items to their own homes.
Work your way through one room at a time and be honest with yourself about what you actually use or need. A good rule of thumb: if you haven’t touched it in the last year, it might be time to let it go.
As you work through each section of the house, label your belongings into one of three categories: Keep, throw or sell/donate. Sentimental items can be the toughest to part with, so consider seeing if family members or friends might like to take any special items you won’t have room for.
3. Think About the Future
Downsizing is not just about the present – it’s also about setting yourself up for the future. Look for a home that’s easy to maintain and has features that will serve you well as you age, like single-level living, good insulation and proximity to essential services. If you would still like to enjoy some gardening but don’t want to be doing exhaustive outdoor labour, consider a property with only a small outdoor area and some raised garden beds.
It’s also worth considering whether you want a property with space for hosting family or for your hobbies. A smaller home doesn’t have to mean giving up on the things you love.
4. Time Your Move Wisely
Timing your move is key to maximising the benefits of downsizing. Property markets fluctuate throughout the year, with spring and summer typically being the most active seasons for buying and selling in New Zealand. While this can attract more buyers to your property, it may also mean more competition when purchasing your next home. Collaborating with a real estate salesperson who understands local market trends can help you navigate these dynamics and determine the best time to list your home for sale. It’s also worth keeping an eye on interest rates, as they can impact buyer demand and ultimately the value of your property.
Beyond market considerations, think about your personal timeline and needs. For example, coordinating the sale of your current home with the availability of your new one can prevent the need for temporary accommodation or storage.
5. Get Professional Advice
Downsizing involves more than just finding a smaller home—it’s a major life transition that benefits from expert guidance. Start by partnering with a local EVES salesperson who understands your market and can help you price, market, and sell your current property effectively while identifying options that suit your new lifestyle. Your salesperson will listen to your needs, provide tailored advice, and support you every step of the way.
Consider enlisting other professionals to ensure a smooth process. A financial advisor can help you assess your budget, plan for the future, and understand the financial implications of selling and buying. If you’re overwhelmed by the prospect of decluttering, professional downsizing consultants are on the rise in New Zealand and can provide practical help with sorting, packing, and organising. By building a trusted team, you’ll feel confident knowing you’re making informed decisions that set you up for a successful transition into your next chapter.
EVES are here to guide you through the downsizing journey. Get in touch with our team to explore your options and find the perfect home to suit your next chapter. Ready to simplify and embrace the next phase of your life? Let’s make it happen! www.eves.co.nz