4 Step Checklist When Downsizing Your Property

Downsizing your property happens more and more as empty-nesters no longer need so much space. Families change over time. So the large home you needed when there were kids running around may just be more than you can handle. Downsizing can also help to reduce costs on both short-term and long-term bills, such as mortgage payments or utility costs.

Photo of downsizing possessions - 4 Step Checklist When Downsizing Your Property
Decluttering is essential when downsizing your property. | Photo: Image by M. H.

4 Step Checklist When Downsizing Your Property

If you’re considering downsizing your property, there are a few key steps you can take to make sure that the process goes as smoothly and quickly as possible. From renting a storage unit to cleaning out your closets, here is a checklist for downsizing your property:

1. Declutter Your Home

Downsizing to a smaller home involves strategic planning to ensure a smooth transition. Start by decluttering: sort through belongings and decide what to keep, donate, sell, or discard. Prioritize items with sentimental value or frequent use, and let go of duplicates or unnecessary possessions.

Most homes will slowly gain clutter over time. But the most important step in the downsizing process is decluttering and cleaning out your closets. Before you can go through with the rest of the process, it’s essential that you assess what items need to stay and what items need to be donated or thrown away. This will help make sure that only the essentials move with you into your new place.

2. Donate or Sell Unwanted Items

Now that you have sorted through all of your items and know what you want to get rid of, it’s time to decide how best to do so. Consider donating any gently used household items or selling them on sites like Gumtree or Facebook Marketplace for some extra cash. Someone else may find value in something that no longer serves its purpose for you.

3. Organize What You’re Moving

Once you know exactly what will be moving with you into your smaller home, it’s time to organize those items for transport. This includes packing fragile belongings properly and clearly labeling boxes with their contents so that unpacking them at your destination will be easier and more efficient. Additionally, consider color-coding boxes or creating an inventory list so everything stays organized throughout the entire moving process.

4. Rent a Storage Unit

If, after decluttering, you find that you still have too many items for your new home, why not rent a storage unit? A storage unit is perfect for storing rarely used items like seasonal wardrobe, furniture, and Christmas decorations that you don’t want to donate or sell, but don’t have space to store in your new home.

Bonus Tips

Opt for multifunctional furniture that maximizes space, such as a sofa bed or a dining table with storage. Utilize vertical space with shelves and wall-mounted storage solutions.

Measure the new space and plan the layout to ensure essential furniture fits comfortably. Consider digital solutions for paper documents and photographs to reduce physical storage needs.

Lastly, embrace a minimalist mindset, focusing on quality over quantity, and creating a cozy, efficient living environment. By carefully curating belongings and optimizing space, downsizing can lead to a more manageable and fulfilling lifestyle.

Downsizing can be stressful but this checklist will give some structure to the process. Once all these steps are complete, all that’s left is moving into your smaller space. With careful planning and organization, you can enjoy this transition into a simpler lifestyle.

Tre Pryor, Realtor

Tre Pryor is the leading real estate expert in the city of Louisville. He is a multi-million dollar producer and consistently ranks in the top 1% of Louisville Realtors for homes sold. Tre Pryor has the highest possible rating—5.0 stars on Google—by his clients and is routinely interviewed by the local NBC news. Tre Pryor is a member of the RE/MAX Hall of Fame.