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Should You Downsize Your Baton Rouge Rental Home?

Questions Marks Hovering Above a Wooden Block in the Shape of a HouseAs a Baton Rouge renter, your rental home should fit your needs and lifestyle. If your circumstances have changed recently, you might be contemplating downsizing to a smaller rental house. There are some who enjoy the extra bedrooms and space, but for others, these can also mean more work to keep clean & maintain. As one popular saying puts it, “More isn’t always better. Sometimes it’s just more.” Before finalizing your decision to downsize your rental, here are some things you should consider.

Finances

In most places, larger rental homes cost more. These are also typically more expensive to maintain and usually have higher utility bills. One of the reasons why people think of downsizing is to save money. If your financial situation has changed, it may be best to downsize your rental home. Even if you can afford a large rental, you might want to spend that extra money on a new hobby, travel, or investing.

Personal Belongings

For those who are thinking of downsizing, it is important to first consider how many personal belongings you have and what you plan to do with them. A smaller rental may not be able to accommodate all your furniture, heirlooms, and collectibles. Keeping your things in a storage unit is also an option, however, the monthly rental fees could add up quickly. Consider whether or not the storage unit is climate controlled because heat, cold, and dust can all wreak havoc on your prized possessions. As much as possible, downsize your belongings first before getting a smaller rental home.

Accessibility

A big part of finding the right fit is being able to move around your rental home comfortably. If your current rental has stairs or other features that make access difficult, it might be time to consider downsizing to a single-story rental home. Smaller homes are easier to clean and maintain, meaning you could be spending less time on household tasks and more time on other activities.

Amenities

If you want to be in closer proximity to cultural centers, local nightlife, or other amenities, you may also want to think about downsizing. If you want rental homes near top-notch amenities that are typically more expensive, you may need to downsize so you can find something affordable that offers the convenience of being near the places and events you love.

Plans for the Future

You might be thinking of downsizing because your life– and priorities– has changed. Maybe your kids are now grown and gone, and you are about to retire and plan to spend your new free time someplace else rather than at home. This might be the right time to downsize to a smaller rental, giving yourself more freedom to do the things you have always wanted to do.

Ultimately, the only person who can decide if it is the right time to downsize your rental is you. But if you’re ready, go ahead and give Real Property Management Baton Rouge a call. We have rental homes designed to support a wide range of life stages and lifestyles. We’d love to help you find the rental home that is perfect for you! You can view our listings online.

We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.