Good Lifestyle

There are many reasons that could be the perfect time to consider reducing your home. In fact, experts say that beyond the obvious financial advantages of negotiating your home to something smaller and more economical , you can also enjoy a simpler lifestyle, a more accessible space and Fewer maintenance requests . However, a big decision is not for everyone - and after setting up in a new space, some people want them not reduced. Before moving yourself, knowledge of their reasons can help you weigh the risks and benefits of receiving your property. Read more on learning the seven main reasons why people regret reducing their homes, according to real estate experts.

In relation: 7 home hunting tips if you are over 60 years old, according to real estate experts .

Although the reduction in the workforce of your home most often comes with financial advantages, Zev Freidus , a real estate agent and the founder of Real estate ZFC , said that some people can discover that the gain is lower than what they expected. Usually this is due to the fact that unforeseen expenses compensate for the benefits of moving to a smaller space.

"Reduction of the workforce usually comes with a lot of hidden expenses. For example, you may have to buy new furniture that is part of the room or realize that your old pieces no longer correspond to the doors. It is important to take in account of such costs during the manufacture of decisions concerning the reduction of workforce and the budget accordingly, "he said Better life.

In relation: The 6 best small towns to retire .

If you are considering a movement precisely because you have a lot of unused space, you cannot miss yourself later. However, many people regret losing bonus spaces that can have invisible features.

"People often neglect the importance of living space when they reduce the workforce. In many cases, they end up with a much smaller area than before and to miss the freedom to have more space To move around. It is important to think about how you use your home and consider if the reduction in staff would suit your lifestyle, "says Freidus.

The problem can be particularly obvious when friends come to visit, says Kim Tucker , a real estate agent and certified house buyer in Kansas City.

"For those who like to spend time with friends, especially in winter - it becomes much more difficult to welcome people in your own house. You worry about where people are going to sit and how they will move to space, "she notes.

In relation: 50 regrets that everyone has more than 50, according to the therapists .

Yes, a larger house can mean more rooms to stay clean, but in a small house, there are fewer places to hide the size. By reducing the workforce, you can see that you spend more time picking up your place and that work is more difficult than before.

"In a large house, when you wanted to be clean and you didn't want to face it, you can throw everything in this additional room for later," said Tucker. "But when you reduce the size of a smaller house, you often do not have the additional space or the closet. You are forced to be clean and tidy and put everything back in its place."

Real estate is a matter of timing. Depending on the state of the market when you reduce the size, you can miss higher offers on the line, says Jonathan Face , founder of Halo Homebuyers . AE0FCC31AE342FD3A1346EBB1F342FCB

"Reduction of workforce too early can signify potential market gains. If you sell your home just before the value of properties increases considerably, you could end up regretting it," he explains.

"If you reduce your home without taking into account the resale value of a smaller property, you could be disappointed when it sells less than expected," adds Faccone.

In relation: 8 affirmations to feel ridiculously happy every day retired .

If you reduce the workforce not only your home, but also the size of your property, you may notice that you regret losing intimacy with the area in square feet.

"Small houses can lead to less intimacy, especially in narrow neighborhoods. Ben Gold , founder of Recommended house buyers .

Some people reduce the reduction in the explicit goal of living a simpler lifestyle with fewer personal effects. However, many people find that getting rid of their business comes with an unexpected emotional assessment, especially if they reduce the workforce of the family home.

"As I have seen in my practice, many people tend to have emotional attachments to their old goods and to become sentimentals about them. They find it difficult to separate from these elements when they move in a house Smaller and regret the decision later, "explains Freidus. "I would suggest gradually reducing the workforce and taking the time to consider giving articles which, in your opinion, can be useful to someone else."

The loss of the house itself can also become an emotional flash point, says gold: "Our houses often have emotional meaning. Reduction of workforce can mean separating from a place that holds memories, this who could lead to feelings of regret and nostalgia. "

For more real estate advice sent directly to your reception box, Register for our daily newsletter .

It is common for people to plan to reduce the workforce when their children leave the family home, but Paul Corazza , executive director of Independent properties group , said that some people regret losing a space to which their adult children can return comfortably.

"The problem is that children generally do not disappear for good. After finishing their studies, while trying to save for their own home, or if they encounter life difficulties such as loss of jobs, your children could go home, "said Corazza says Better life.

He adds that another common scenario that leads to regret is no longer to have space to welcome aging parents. "You absolutely don't want to have to say no to your loved ones if they need a place to stay. However, if you have reduced the workforce, you may find that you don't have enough room for them "He said.