As a renter, your Cary rental home must be a good enough fit for your needs and lifestyle. If your situation has changed lately, you may be thinking about whether you should downsize to a smaller rental house. Extra bedrooms and lots of space can be the right thing for most, but on the other hand, more space just means more work to keep it clean and properly maintained. As one popular saying puts it, “More isn’t always better. Sometimes it’s just more.” Prior to making a decision on whether the time is good to downsize your rental, let’s have a look at some things you should think of.
In a lot of places, larger rental homes cost so much more. They are likewise more pricey to maintain and tend to have higher utility bills. This is one of the major reasons people actually start to think about downsizing, to save money. If your financial situation has changed, it will be ideal to downsize your rental home. Although you can afford a large rental, you could look into other things you may want to spend that extra money on, such as a new hobby, travel, or investing.
If you’re thinking of downsizing, it’s significant first to take into account how many personal belongings you have and what you plan to do with them. If you have furniture, heirlooms, collectibles, or other items, these may not fit in a smaller rental. You could pay to store your things in a storage unit, where the monthly rental fees could add up immediately. Do think whether or not the storage unit is climate controlled for the simple reason that heat, cold, and dust can all damage your cherished possessions. If you can, venture to downsize your belongings first before moving to a smaller rental home.
Being able to move about your rental home comfortably is a large part of finding the right fit. If your current rental has stairs or other elements that make access difficult, it could be time to look into downsizing to a single-story rental home. Smaller homes are even less tedious to clean and maintain, easing the burden on anyone looking to spend less time on household tasks and more time on other undertakings.
If you’ve been yearning to move closer to a cultural center, the local nightlife, or other amenities, that may probably be an adequate enough reason to think of downsizing. Rental homes near first-rate amenities are usually more exorbitant, but if you downsize, you may be able to see something you can afford that still allows convenient proximity to the places and events you love.
Plans for the Future
Maybe you’re seriously thinking of downsizing given that your life has changed, and, possibly, so have some of your priorities. If the kids are grown and gone, and retirement is imminent, you may have big plans related to spending your new free time somewhere other than at home. Surely the time is right to downsize to a smaller rental, freeing you all the more to get out and do all those things you’ve been dreaming about for so long.
After cautious consideration, you are the only person who can decide if the time is right to downsize your rental. But, if you’re all ready, go ahead and give Real Property Management Excellence a call. We have rental homes designed to support a wide range of life stages and lifestyles. We’d really 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.