Downsizing or Rightsizing?

By: Patrice Gale

Downsizing or Rightsizing?

Tags: Downsizing or Rightsizing?



Rightsizing is the process of finding a home that fits your lifestyle. What people often forget is there is no perfect setup. What was great for them when they had kids wouldn’t have worked in their 20’s and probably isn’t the best thing for them right now. Recognizing this need for change is the first step in evolving their lifestyle.

When you compare downsizing to rightsizing, the act is very similar, but the reasons are different. Someone who is rightsizing is usually trying to bring a sense of balance back to their life.

The most common time to rightsize is when your kids move out of the house and you don't need all of the space. The house will start to feel empty when you can’t “fill it” properly, and this is about the time you will start looking for a better fit.

The word “downsize” generally has a negative connotation and implies some sort of financial woes have emerged that are causing someone to reduce the size of their home. This is a perfectly reasonable thing to do in that case, but it shouldn’t always be assumed to be the reason.

Moving to a place that better suits your overall lifestyle is an admirable thing to do and will yield huge returns in happiness as things get more convenient for you. As long as you have all the space you need in your next house, it is enough.

The main issue with the term downsizing is it sounds like you are giving up something. At the very best, it is a trade-off, and at the worst, it is a sacrifice. Rightsizing, on the other hand, is the act of making a significant change in order to improve your lifestyle and live a better life.