Posted by Ben Wills in Home Buying

Is a 3- or 4-bedroom home really for you? Do you need this abundance of space? Do you really need the hassle of going up and down the stairs? If you answered no to all those questions it is time you start thinking about downsizing.

What Is Downsizing?

Downsizing does not mean you have to get rid of everything; however, it does mean getting organized, decluttering, and getting rid of belongings that might not be in use anymore and choosing a space conducive to your needs.

Right-sizing is getting rid of those stairs and extending out instead of up to comfortably accommodate your lifestyle without giving you more house than you care to manage.

Paired Villa One-Story Home

How Do I Know When It’s Time to Downsize?

Here are three key changes to let you know it is that time to downsize:

  1. Yard work is getting harder each year
  2. You don’t have time to spend with friends and family because of housework
  3. The nest is empty

You'll have less time to spend on yard work and MORE time to enjoy a long bike ride or round of golf and relax in your right-sized home with the lifestyle you have been craving.

Senior Couple Walking Dog in the Fall

Key Takeaway: If you're frustrated by keeping up with a large property or home, it might be time to downsize!

What Are the Benefits of Downsizing?

Facing a seemingly endless list of to-dos is intimidating and frightening, but having an advocate and resource to lean on during these times will lessen those feelings of uncertainty.

Here are three of the biggest benefits to taking the leap and downsizing your home.

A Minimalist Lifestyle

Living like a minimalist means that you fill your home (and life) with less stuff, leading to less clutter. Living the minimalist lifestyle allows for less space to clean, making the process both easier and quicker to keep a neat and tidy home.

Minimalists live a simple way of life by owning intentionally less. This allows for a manageable home living situation.


Less maintenance on your home leads to more time for hobbies, social activities, and traveling! Becoming a minimalist will allow you to choose the meaningful possessions that you want to enjoy forever—the things and memories worth keeping.

Key Takeaway: Owning fewer possessions allows for more space and stress-free upkeep.

Financial Freedom

We all have a bucket list of what we would like to see or purchase or travel, but costs are always a major consideration—and sometimes a hinderance.

When you downsize you have the financial opportunities to save money, which can help you plan or purchase those items.

Or, you can have to opportunity to pay off your mortgage faster. M/I Financial, LLC helps you realize that your dream of owning a new M/I Home is much easier than you think.

An easy and effective solution for eliminating your debt is to live in less space. Without the financial burden of your previous payments, you'll have more to put toward credit cards, loans, medical bills, and other sources of debt.

Key Takeaway: You'll be amazed how easy it is to save money when you downsize!

More Time to Enjoy What Matters

From entertaining to spending more time with family to getting out and making new memories, downsizing frees you up to fill your schedule with whatever makes you happy.

Grandparents Reading Book to Baby

Without having to spend your precious time on things like lawn or snow maintenance and cleaning a large house, you'll be able to get out and enjoy the various community amenities that come with your new home, spend time getting to know your neighbors, and simply lock and leave your home whenever you feel like getting away!

Key Takeaway: Enjoy spending more time with loved ones or experiencing new things and less time on house and lawn upkeep!


Ben Wills
Ben Wills


​Ben Wills is the Mortgage Branch Training Officer for M/I Financial, LLC. Ben has been in the mortgage field for over 40 years and has assisted thousands of homeowners in financing new home construction.

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