How is ‘Rightsizing’ different to ‘Downsizing’?
Let me explain: Downsizing (verb). to make (something) smaller. Rightsizing (verb). to convert (something) to an appropriate or optimum size.
There’s an assumption that when children reach adulthood, they will have their own lives and move out of the family home. Their parents will instinctively ‘downsize’ and discard the possessions they’ve accumulated over the years, sell the house, and move into a smaller home that’s easier to maintain. Often it does not happen this way and we see people choose to live in their homes until the very end. The question is, is downsizing the right decision for all and what are the options?
Ultimately, your next move isn’t about downsizing or upsizing: it’s about what I like to call ‘Rightsizing’. It’s about minimising your stress levels and living in a property that suits your current needs. This could mean purchasing a smaller private property, living in an over 55’s community, a retirement village or even building a new granny flat in your backyard!
EXCERPT FROM THE WORKSHOP When is the Right Time to Leave the Nest? (Rightsizing)
I thought the best way to talk about this particular subject: “When is the right time to leave the nest?” or Rightsizing is to actually compare it to over a decade’s worth of our downsizing clients, and as I’ve met so many people doing this in this demographic, I wanted to talk about them and how their feelings are so then you might resonate with them.
I found our typical clients are quite typically around 55 plus, they are family home owners, most of our clients have had children that have either left home, or there may be one left – sometimes their children keep coming back and generally our clients are still residing in their family home.
When I challenge the clients and say, how does home feel for you? Is your home serving the purpose you bought it for? Generally the answer is no. So the home is often too large, there are rooms that are not being used and the actual clients themselves normally only utilise about a third of the actual house. They also find that the kids don’t visit as often as they thought and they actually don’t need the space.
With over a decade of experience as a Property Makeover and Change Specialist, Belinda has spent many years helping transform homes and lives. You will find all aspects of Downsizing covered by Belinda in this podcast, “When is the Right Time to Leave the Nest?” (Rightsizing) including Q&A asked by seniors in a friendly, relaxed environment, your home!
You will learn:
- These are our typical clients and their feelings, is this me?
- What happens when people do nothing, would that happen to me and my family?
- What are their challenges, are they yours?
- The Rightsizing Decision
Watch the Rightsizing workshop:
Belinda Woolrych, author of Rightsize Your Home: The Empty Nester’s Guide to a Stress-Free Downsize, contributes every fortnight Tuesday at 4PM to the community by her Rightsize Your Home Online Workshop.
Belinda Woolrych makes no representation and gives no warranty as to the accuracy of the preceding information and does not accept any responsibility for any errors or inaccuracies in, or omissions from, the information contained herein (whether negligent or otherwise) and shall not be liable for any loss or damage howsoever arising as a result of any person acting or refraining from acting in reliance on any information contained herein. No listener/workshop attendee shall rely solely on the information contained in this document as it does not purport to be comprehensive or to render specific advice.
This disclaimer does not purport to exclude any warranties implied by law which may not be lawfully excluded. This workshop (which includes any workbook) is only for the use of the intended recipient/s and is confidential and/or privileged. Belinda Woolrych shall not be liable for any errors, omissions, viruses, loss and/or damage arising from using, opening or transmitting this workshop.