While we often associate success and status with having a large, luxurious home, there are many advantages to downsizing and embracing a simpler way of life. For years, many people thought that owning a bigger home was somehow better, but now we are seeing how owning a smaller home in Redlands can be very beneficial for owners. While living in large and small homes both have their pros and cons, there are many big benefits to owning a small home. Here are some of the perks to know about if you are considering a smaller home in Redlands.
Typically, a Smaller Home Costs Less Money
One of the biggest benefits of owning a small home is the cost savings. Smaller homes generally come with a smaller price tag, which means you can save money on your mortgage or rent payments. Additionally, smaller homes often require less maintenance and upkeep, which can save you money in the long run. With less space to clean and maintain, you can spend less time and money on home maintenance and more time doing the things you love.
On average, a smaller home will cost you less out the door than a big one. Sure, the house is likely to cost less than its larger counterparts, but it will also cost you less over time. Your new roof, flooring, and windows will cost less than if you had a huge home. Repair and maintenance costs will be considerably lower. And you can’t forget that your property taxes will be less expensive as will your homeowner’s insurance policy.
A Lower Environmental Impact
Another big benefit of owning a smaller home is the reduced environmental impact. Smaller homes require less energy to heat and cool, which means you can reduce your carbon footprint and save money on your utility bills. Additionally, smaller homes often require fewer building materials to construct, which means fewer resources are used in the construction process. By choosing to live in a small home, you can feel good about your contribution to the environment and can enjoy a more sustainable way of life.
A Simple Way of Life
In addition to the cost savings and environmental benefits, small homes also offer a more minimalist way of life. When you have less space, you are forced to be more intentional about the items you bring into your home. This can help you prioritize the things that truly matter to you and can help you avoid accumulating unnecessary clutter. By embracing a minimalist lifestyle, you can enjoy a more organized, stress-free home and can focus on the things that truly bring you joy.
Closer Relationships Both Inside and Outside the Home
Closer quarters will bring your family together more, instead of having everyone all spread out. It can also encourage more time spent outside – something we could all use a little more of. Small homes also offer a greater sense of community. When you have less space, you are more likely to spend time outside of your home and engage with your neighbors. This can lead to stronger relationships and a greater sense of belonging. Additionally, small homes often have a smaller footprint and are located in more walkable, bikeable neighborhoods. This can encourage you to get outside and explore your surroundings, which can lead to a greater appreciation for your community and the world around you.
Owning a small home can give you the freedom and flexibility to live the life you want. When you have a smaller mortgage or rent payment, you are less tied to a 9-5 job and can pursue other interests and passions. Additionally, smaller homes often offer more flexibility in terms of location. If you want to travel, move to a new city, or even live off the grid, a small home can offer the flexibility you need to make your dreams a reality.
When it comes time to sell, the buyer pool for a small is going to be much larger than that of a large mansion or sprawling estate. Small houses are in for all income levels, so if and when you do try to resell the property, you shouldn’t have very much trouble at all.
From cost savings and reduced environmental impact to a more minimalist way of life and a greater sense of community, small homes offer a simpler, more fulfilling way of life. So if you’re considering downsizing or embracing a more minimalist lifestyle, a small home may be just what you need to live the life you truly want.
If you are looking for a new property, big or small, Redlands Real Estate Guy - Thomas Jackson is here to help you find what you are looking for. Reach out to us today to tell us more about the wants and needs for your new home. We can’t wait to help you find the perfect property. (951) 232-9704