3 Benefits of Luxury Downsizing
There’s been a trend in recent years towards downsizing in the housing market. People just don’t see the need in maintaining space they never use. As energy costs continue to escalate and the modern American family grows smaller, that trend will likely continue as new families and empty-nesters alike seek to hone down and refine the way they use their space.
One dynamic to emerge from this trend is the move towards “luxury downsizing.” New home buyers are looking for space that, while smaller, offers many luxury amenities previously only found in larger houses. Some home buyers are spending the money they saved on smaller homes to build homes better suited to the lives they want to live.
When researching new homes for sale in Tulsa, OK, be sure to consider the trend towards luxury downsizing. Several builders are developing properties that offer many of the benefits of luxury living without the headaches of owning a large luxury home.
Here are a few of the benefits of luxury downsizing.
Lower Energy Bills
It doesn’t make sense to heat and cool space that you never use. Maybe you had to maintain a four-bedroom, three-bath house when you had children in the home. Now, with an empty nest, you’re paying to heat and cool rooms that go unused most of the time. With luxury downsizing, you can opt for a smaller footprint that will make your energy dollars stretch much further and protect the integrity of your household budget.
More Amenities
When you reduce the square footage you need in a new home, you obviously reduce the cost of the home you will buy. Luxury downsizing allows you to use the cost savings of a smaller space to bring more luxury conveniences into the home. For example, in a large home, maybe you had to install flooring because of its price point rather than your affinity for it. When you practice luxury downsizing, because of the reduced square footage you can afford to get the exact flooring you want without a significantly higher expenditure.
Less Maintenance and Upkeep
It’s been said that the things you own end up owning you. That’s especially true of a large home. You must maintain a large yard that no one uses or pay someone else to do it for you. You may have multiple HVAC system, multiple hot water heaters, or multiple bathrooms in a larger home. Even if those systems are rarely used, they will require periodic maintenance. That maintenance can cost you money and time, making you a slave to a home that’s too big for you to use.
Modern housing trends are moving towards downsizing. Home buyers want more amenities, less space, and homes that better support their active lifestyles. If you’re shopping for new homes for sale in Tulsa, OK, give some thought to the luxury downsizing movement and decide whether it’s right for you.
