As a renter, it is important that your Woodlands rental home is a good fit for your needs and lifestyle. If your current situation is different from a few months ago, you might be thinking if you should downsize to a smaller rental house. For some people, the extra bedrooms and space may be a perk, but this can also mean more work to some– more to clean and maintain. As one popular saying puts it, “More isn’t always better. Sometimes it’s just more.” Before finalizing your decision to downsize your rental, here are some things you should consider.
Finances
In most places, larger rental homes cost more. Larger homes are also more expensive to maintain and tend to have higher utility bills. One of the reasons why people think of downsizing is to save money. If your financial situation has changed, it may be best to downsize your rental home. Even if you can afford a large rental, you might want to spend that extra money on a new hobby, travel, or investing.
Personal Belongings
For those who are thinking of downsizing, it is important to first consider how many personal belongings you have and what you plan to do with them. A smaller rental may not be able to accommodate all your furniture, heirlooms, and collectibles. Keeping your things in a storage unit is also an option, however, the monthly rental fees could add up quickly. Consider whether or not the storage unit is climate controlled because heat, cold, and dust can all wreak havoc on your prized possessions. You can try to downsize your belongings first before moving to a smaller rental home.
Accessibility
A big part of finding the right fit is being able to move around your rental home comfortably. Downsizing to a single-story rental home is a good option for those whose current rental has stairs or features that make access difficult. It is also easier to clean and maintain smaller homes. Household tasks take less time to finish so you can spend more time on other activities.
Amenities
If you want to live closer to a cultural center, the local nightlife, or other amenities, that could be a good reason to think about downsizing. Rental homes near top-notch amenities are often more expensive, but if you downsize, you may be able to find something you can afford that still offers convenient proximity to the places and events you love.
Plans for the Future
You might be considering downsizing because your life has changed, and so have your priorities. Your kids might have grown and flown, and you are thinking about retirement plans or about spending time somewhere other than at home. You feel that downsizing to a smaller rental will free you even more to do all those things you have been wanting to do for so long.
At the end of the day, after considering everything, you are the only person who can decide if the time is right to downsize your rental. But if you’re ready, go ahead and give Real Property Management Republic a call. We have rental homes designed to support a wide range of life stages and lifestyles. We’d love to help you find the rental home that is perfect for you! You can view our listings online.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.
