As a renter, your West Covina rental home must be a great match for your needs and lifestyle. If your situation has changed not long ago, you may be thinking about whether you should downsize to a smaller rental house. Extra bedrooms and lots of space may perhaps be the right move for a few, but take note, more space leads to 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.” Before ever deciding whether the time is brilliant for you to downsize your rental, let’s take note of a small number of things you should consider.
Finances
In plenty of places, larger rental homes cost much more. They are furthermore more expensive to maintain and tend to have higher utility bills. This is one of the massive reasons why people begin to think about downsizing, to save money. If your financial situation has changed, it might be perfect to downsize your rental home. Despite that you can afford a large rental, you may think of other things you can surely spend that extra money on, such as a new hobby, travel, or investing.
Personal Belongings
If you’re thinking of downsizing, it’s relevant first to look into how many personal belongings you have and what you plan to do with them. If you have any 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 rapidly. Take into account whether or not the storage unit is climate controlled considering that heat, cold, and dust can all damage your highly valued possessions. If you can, exert yourself to downsize your belongings first before moving to a smaller rental home.
Accessibility
Being able to move about your rental home comfortably is the main part of finding the right fit. If your current rental has stairs or other parts that make access difficult, it may be time to think of downsizing to a single-story rental home. Smaller homes are as well less toilsome to clean and maintain, decreasing the hardship on anyone looking to spend less time on household tasks and more time on other endeavors.
Amenities
If you’ve been raring to move closer to a cultural center, the local nightlife, or other amenities, that may possibly be quite enough of a reason to really think about downsizing. Rental homes near great amenities are, in most cases, more expensive, but if you downsize, you may be able to see something you can afford that still provides convenient proximity to the places and events you love.
Plans for the Future
Maybe you’re taking into account downsizing for the reason that your life has changed, and, seemingly, so have some of your priorities. If the kids are grown and gone, and retirement is pretty imminent, you may have big plans concerning spending your new free time somewhere other than at home. The time may be suitable to downsize to a smaller rental, freeing you indeed to get out and do all those things you’ve been dreaming about for so long.
After mindful consideration, you are the only person who can decide if the time is right to downsize your rental. But really, if you’re prepped and ready, go ahead and give Real Property Management Fairmate a call. We have rental homes designed to support a wide range of life stages and lifestyles. We’d be happy to help you find the rental home that is perfect for you! You can view our listings online.[/vc_column_text][/vc_column][/vc_row]
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.
