As a renter, your Brookland rental home must be 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. There are some who enjoy the extra bedrooms and space, but for others, these can also mean more work to keep clean & maintain. As one popular saying puts it, “More isn’t always better. Sometimes it’s just more.” Before you decide to downsize your rental, here are some things you need to consider.
Finances
In most places, larger rental homes cost more. These are also typically more expensive to maintain and usually have higher utility bills. To save money is probably the most common reason why people start thinking about downsizing. If your financial situation has changed, it may be best to downsize your rental home. Even for those who can afford a large rental, you could still use the extra money on new hobbies, 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. All your furniture, heirlooms, collectibles, or other items might not fit in a smaller rental. Placing these things in a storage unit would mean you will incur monthly rental fees that 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. If possible, try downsizing your belongings first before you move to a smaller rental home.
Accessibility
Being able to move comfortably within your rental home is an important aspect of finding the right fit. If the rental you are currently living in has stairs or other features that make easy access a challenge, it might be time to think about downsizing to a single-story rental home. Smaller homes are easier to clean and maintain, meaning you could be spending less time on household tasks and more time on other activities.
Amenities
If you like living near cultural centers, the local nightlife, or other amenities, it might be a good idea to downsize. If you want rental homes near top-notch amenities that are typically more expensive, you may need to downsize so you can find something affordable that offers the convenience of being near the places and events you love.
Plans for the Future
Maybe you are thinking about downsizing because of a change in priorities. Having grown kids, or entering retirement age, may have gotten you thinking about how you can spend your new free time somewhere other than home. You might be thinking it is time to downsize to a smaller rental to give yourself more freedom to do those things you’ve been dreaming of doing.
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 DC Metro 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.
