My blog has been on pause for a couple of months due to the fact that we have moved to another town in the North of the Netherlands. We finally sold our property and we moved in to a smaller city home which needs more then a bit of work. But our lives became a bit easier for my spouse and we can afford the price of it. The sale went pretty quick and we had only little time to move on and find us a new place to live. So we are still struggling with the refurbishing process.
Let me take you back about 40 years in time. The house I grew up in had a pretty limited square metres, something I notice every time I visited my parents. The living room is very small and the kitchen is pretty tiny as well.Anyway it was tiny but it was very cozy.
I grew up there with my parents and two older sisters and an older brother. There were also periods where kids who were in the middle of divorce troubles at home and they found a loving and caring home at my mother’s place and my dad had a pony stable and they were to us something like “younger brothers or sisters that just lived with us, too. It was cozy at times, to say the least.
Yet, when I look back on it, I don’t have any bad memories of living there. I don’t recall any situation where things were made uncomfortable due to the smallness of the house. There was always somewhere I could go for privacy. There was always enough room to do things together as a family..
The house we lived until last week was much larger, but the story is much the same. I lived here with my wife and we have two children. I don’t have any bad memories of living here, nor is there any situation where things are really uncomfortable. There is always room for privacy. Only problem was that I could not feel at home here as the house was new and had no charisma according to me.
So, why the bigger house? What does this bigger house provide me that the smaller house that I grew up in doesn’t provide for me? Honestly, the biggest benefit of a larger house is that it provides a lot of room for more stuff. This house offers storage attic, a garage with a huge amount of storage, and big rooms with plenty of room for storage-oriented furniture (like bookshelves).
Naturally, when you have storage space, you tend to fill it. We’ve lived in this house since 2003 and, in drips and drabs, we’ve slowly filled up that storage space.
Recently, however, I’ve been thinking more and more about the house I grew up in. In some ways, it’s actually not all that different than the house I’d like to retire in, except with perhaps one more nice room to entertain guests in and a slightly larger kitchen. I would even consider moving into the perfect smaller house right now, even with growing children, And I think that we have found the right one.
So, why would I even consider downsizing? For me, it really comes back to two key things.
That connects to the reason, which is that maintaining a larger house takes more time. It takes more time to clean. There are more things that can break and need to be fixed. There are more things that simply need attention. And since my wife got ill a smaller place is easier for all.
Another reason: The property taxes are higher. The insurance is higher. The maintenance costs are higher. Sure, it’s theoretically growing equity at a faster rate, but that doesn’t help with out-of-pocket costs, and I’m not convinced at all that the growth in the value of the house makes up for the much higher insurance costs and maintenance costs and property taxes.
In other words, living in a smaller home means lower housing bills and more free time, both of which sound appealing to me.
Some people view their homes as a status symbol.
Having a big house is not the sign I look for to indicate to myself that I’m successful. I look at other things. Am I engaged in work that I enjoy? Do I have time for leisure and relaxation? Do I have a good relationship with the people closest to me? That, to me, is success.
Because of that, I don’t feel an external need to own a large house. Several years ago, I did, hence the purchase of our current relatively large house. That sense of a house providing an internal or external sense of status has faded greatly in my mind and, with it, the driving desire to own a large home has faded as well.
Finding the Right Balance
So let’s say I was actually in the market to buy a smaller house. My intent would be to buy this new house, sell our current house, and pocket the difference in value, then enjoy the lower bills and lower time investment. Makes sense, right?
The first problem that pops up is finding the right size. I’m obviously open to a smaller house, but how small?
The challenge that’s left, then, is to deal with the stuff we’ve accumulated over the years in our current home. The boxes in our closets. The furniture in rarely-used rooms. The loft and the shelves in the garage full of all kinds of items.
What do we do with all of that stuff?
Closets need to be emptied out and organized. This actually includes a lot of different categories of things, so let’s look at each of those categories.We need to shred old papers. We have several boxes of old papers that simply need to be shredded. At this point, electric bills from 2009 serve no real purpose, especially since we have digital copies of those things. They simply need to be shredded and properly disposed of, which is itself a sizable task.
We need to honestly evaluate our lesser-used items. Almost every closet in our home is full of items that we rarely use. This is a tricky problem because it’s so easy to envision uses for those items, but the honest reality is that we rarely – if ever – use those things.
We need to smartly organize the stuff we’re keeping. An unorganized space means that stuff takes up more space than it otherwise would and/or some things are not easily accessible. A well-organized space means everything takes up minimal space while still being easily accessible. Our closets and other storage spaces tend toward the former, unfortunately.
Once we figure out what items we’re actually holding onto, some serious reorganization of our closets and storage spaces need to occur. Things like temporary shelves, wire racks, clearly-labeled boxes, and so on are definitely in order. Think of it as a proving ground of sorts for the concept of having a smaller home.
The idea of moving – and losing such close access to those things – is something that none of them enjoy. I personally don’t have anything that ties me to this location nearly as much, but my family’s needs are pretty important to me.
Second, there is no additional reason to move beyond the time and money savings from a reduced house footprint. We have no reason to move for work. We have no reason to move for school. We have no reason to move for social reason. We have only a real reason to move for improved access to help for my wife. Our new and current location is pretty good in all of those regards.
While I think a smaller home would definitely hit a somewhat sweeter spot, when I compare our home to some of the much larger ones that are in some of the newer housing developments nearby, our home seems pretty modest by comparison. Our energy bills are what I would consider quite reasonable (especially compared to what we paid when we first moved in) and our property taxes and insurance rates aren’t going to improve drastically unless we move much further away from nearby cities.
Finally, it’s honestly going to be a lot of work and we’re already pretty time-strapped. This is more of a “resistance” thing than a real reason for not moving, but without a compelling reason to move forward on it, this kind of “resistance” is powerful at holding a person back from making a move.
So, if the decision is essentially made for us to downsize, what’s the benefit of even thinking about it like this?
Well, first of all, no one’s life is guaranteed to ever be the same forever. Over time, many of those factors that work against moving into a smaller home are going to shift and move us toward a smaller home. When our children grow older and leave the nest, many of the factors that encourage us to stay in this house are going to shift and encourage us to downsize. It’s also good to have a smart plan in place if we ever need to downsize for financial reasons or for other personal reasons.
No we have moved and I look back to my younger self, and we bought a smaller house, I’ve sat down and bought
something just a bit smaller with a totally different layout.
That house would cost less. It would have lower property taxes and lower insurance. It would also require less time and effort for maintenance. And I wouldn’t actually lose any genuinely useful living space.
Would I listen? Probably not. What I would hope for instead is that I would give more careful thought about my home purchase and what we really needed, which in the end is the purpose of this post.
If you’re considering a home purchase, give some thought to a home on the smaller end of the spectrum. A smaller home will save you money and save you time and it’ll likely not reduce the living space you use every day.
Good luck it will be your choice anyway
The Old Sailor,
