Downsizing to a Smaller House: A Comprehensive Guide for a Stress-Free Move

Real Estate Agent with Coldwell Banker Realty RES.0808054

Downsizing to a Smaller House: Your Comprehensive Guide for a Smooth Transition

Key Takeaways

  • Assess your needs and determine the ideal size for your new home.
  • Take stock of your possessions and declutter before the move.
  • Set a realistic budget to ensure affordability.
  • Look for the right neighborhood with suitable amenities.
  • Consider hidden gems in the housing market.
  • Stage your current home to attract potential buyers.
  • Make the downsizing move stress-free with proper planning.

Are you considering downsizing to a smaller house? Whether you're looking to simplify your life, save money, or embrace a minimalist lifestyle, downsizing can be a smart choice. In this comprehensive guide, we'll walk you through each step of the downsizing process and provide valuable tips to ensure a smooth transition.

Section 1: Assess Your Needs

Before you begin the downsizing journey, assessing your needs and determining the ideal size for your new home is essential. Consider your current lifestyle, anticipated lifestyle changes, and future requirements. Experts recommend downsizing by about 30-50% of your current square footage to properly "rightsize." However, if you're pursuing minimalism, you may opt for an even smaller space. Remember, downsizing is about finding the right fit for your lifestyle.

Section 2: Take Stock of Your Possessions

Once you know the ideal size for your new home, it's time to take stock of your possessions. Decluttering is integral to downsizing, as it lets you remove items you no longer need or use. Start by sorting your belongings into categories - keep, sell, donate, or discard. Be selective and mindful about what you choose to keep, focusing on items that truly bring you joy and serve a purpose in your life.

Section 3: Set a Realistic Budget

Downsizing to a smaller house can offer financial benefits, but a realistic budget is crucial to ensure affordability. Consider mortgage payments, property taxes, utility costs, and maintenance expenses. Crunch the numbers and compare them with your current expenses to get a clear picture of the potential savings. Remember, downsizing is not just about a smaller space; it should also provide financial freedom and peace of mind.

Section 4: Find the Right Neighborhood

Choosing the right neighborhood is an important aspect of downsizing. Consider your lifestyle preferences and prioritize essential amenities, such as proximity to schools, parks, healthcare facilities, or entertainment options. Research different neighborhoods and take the time to visit them personally to get a feel for the community. Talk to locals and gather the necessary information to make an informed decision.

Section 5: Look for Hidden Gems

When it comes to downsizing, there may be hidden gems in the housing market that perfectly fit your needs. Explore alternative options such as tiny homes, accessory dwelling units (ADUs), or cooperative housing. These options can provide affordable housing solutions while still offering comfort and functionality. Be open to different possibilities and explore all avenues before deciding.

Section 6: Stage Your Current Home

To attract potential buyers and expedite the selling process, you must stage your current home effectively. Declutter and remove personal items to create a clean, neutral space that allows buyers to envision themselves living there. Consider hiring a professional stager who can expertly arrange furniture, artwork, and decor to highlight your home's best features. Remember, first impressions matter, so invest time and effort into staging your home for maximum appeal.

Section 7: Make the Move Stress-Free

Proper planning is vital to ensure a stress-free transition when it's time to downsize. Start by creating a detailed moving checklist and timeline, including tasks such as packing, hiring movers, updating addresses, and canceling or transferring utilities. Consider hiring professional movers specializing in downsizing moves, as they have the expertise and resources to handle the process efficiently. If needed, bridge loans can provide flexibility in purchasing your new home before selling your current one.


Q: How much smaller should I go when downsizing? A: Experts recommend downsizing by 30-50% of your current square footage to properly "rightsize." Only go smaller if you're pursuing minimalism.

Q: Should I downsize before retirement? A: Downsizing before retirement lets you bank extra money while earning a steady income. This makes the transition easier.

Q: What should I do with all my extra stuff? A: Consider selling, donating, or repurposing items you no longer need. Hire an estate sale company if you need help clearing out.

Q: Is downsizing cheaper than staying put? A: Generally, smaller homes have lower taxes, utility bills, maintenance, and cleaning costs. Crunch the numbers to be sure.

Q: How soon can I downsize after listing my current home? A: Ideally, you'll have a buyer for your current home before moving. Bridge loans allow you to buy before selling if needed.

Additional Facts and Statistics

  • The average American home size has nearly doubled since the 1950s to over 2349 square feet today (NPR).
  • Around 80% of Americans over 45 say they plan to downsize at some point (Freddie Mac survey).
  • According to Financial Samurai estimates, downsizing to a smaller home can save a significant amount of money each year in reduced costs.

As home organization expert Marie Kondo says, "Evaluate what brings you joy and surround yourself with possessions that do so." Focus on lifestyle fit over size when downsizing.

In collaboration with Jon Sigler, an experienced real estate agent:

When it comes to selling your current home and finding the perfect smaller house, working with a trusted real estate professional is essential. With over 20 years of industry experience as a Realtor with Coldwell Banker Realty, Jon Sigler can guide you through the downsizing process.

Jon's expertise in buying, selling, and financing homes makes him an invaluable resource. His deep local market knowledge, negotiation skills, and client-focused approach ensure a seamless experience. Jon's extensive background in mortgage lending also adds unique insights into home financing options.

Contact Jon Sigler for personalized assistance in downsizing to a smaller house:

  • Phone: 860-306-8029
  • Email:

Remember, downsizing is an opportunity to simplify your life, reduce expenses, and focus on what truly matters. Following these steps and working with a trusted professional like Jon Sigler, you can embark on a successful downsizing journey and create a home that perfectly fits your new lifestyle. Happy downsizing!

Posted by

Hey, there! Thanks for stopping by our Greater Hartford Real Estate blog. Your go-to place for all the ins and outs of buying and selling homes in the Greater Hartford area. Our aim is to give you easy tips, smart ideas from experts, and the newest information about the housing market. This way, you can make good choices and feel sure about your journey in buying or selling a house.

You know what they say, "Sigler Sold Another" – and that's not just a catchy phrase! It's our promise to stand by you and help you achieve your real estate dreams.

As featured in the New York Times article, "A Little-Known Loan Program." We know that dealing with money when buying or selling a house can be confusing, but don't worry, we're here to help you. With close to 20 years of experience in the real estate and mortgage world, we have the know-how to guide you. We'll help you find the best loan and explain any hard parts in a way that's easy to understand. If you're selling your house, we'll keep an eye out for any issues so that the people buying it are able and ready to close on time.

No matter if you're buying your first home, buying a home to rent out, or selling your home to start a new journey, we're here to help you every step of the way.

Don't be a stranger! Reach out to us anytime for some personalized advice or a helping hand with your real estate needs.


"Sigler Sold Another" – Your Greater Hartford Real Estate Experts

0 Down Plate


Comments (3)

George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Jon Sigler downsizing is in my not so distant future, so this is timely tips and advice for me.

Oct 16, 2023 11:20 AM
Jon Sigler

George, a smaller home can make for more time for fun and relaxation!  I hope that is abundant for you in your downsized house!

Oct 17, 2023 01:39 PM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em:

Excellent tips to downsize. Have a super fantastic week!

Bill Salvatore, Realtor- Arizona Elite Properties

Oct 16, 2023 11:46 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Jon and thank you for sharing this great information with us here in the Rain.  Make it a great week.

Oct 16, 2023 03:34 PM