Compared to other markets, finding spacious and affordable housing in Denver isn’t that difficult. Still, there are a lot of benefits to living in a smaller space. Financially speaking, smaller spaces are cheaper. They also force you to evaluate not just what you already own but things you think you might want to own—which keeps you from spending money on space suckers on a whim (another financial boon).
How smaller spaces are cheaper:
- Smaller spaces simply cost less across the board than larger spaces.
- A small home is cheaper to insure.
- Smaller spaces are easier to heat and cool, so your HVAC system doesn’t need to work so hard or use as much power.
- Smaller spaces are easier to light properly (and natural light goes further within them) so your electric bill will be lower.
You can see why it’s financially beneficial to go smaller, especially when you’re concerned about your financial health.
At the same time, it’s understandable that you’re attached to the things that you’ve collected. You worked hard to bring those collections together. You’re proud of them. You don’t necessarily want to give them away or sell them or toss them out. So what do you do?
1. Figure Out Some Creative Storage Options
We’ve talked about how to make the most of the space in your bedroom. Apply these same concepts to the rest of your house. You’ll be amazed at how many things can double as storage containers (and artfully so at that)!
2. Store Things Off Site
Do you really need to keep your Christmas decorations on hand all year round? Do you really need to keep every single book, movie, vase, art print, tchotchke, etc within sight at all times? Do you really need your winter clothing to be taking up space in your closet in the summer? These are examples of things that can all be stored off site in a storage unit. Storage units have come a long way from the dank holes they used to be a decade ago. Now they are affordable, secure and most are even climate controlled (check unclebobs.com for deals in your area). This is important for an area like Denver, where we get all of the seasons and they are all intense.
Either way, you are probably going to have to pare down, at least a little bit. Go through your home and look at everything you own. Consider each item carefully. If you haven’t used it in the last twelve months and it doesn’t have significant sentimental value, you can probably get rid of it and not miss it too much.
Instead of simply tossing out the things you decide not to keep, though, why not sell them? Put them up for sale online. Have a yard sale. Use the proceeds from the sale to finance your storage unit and a few of the artful storage containers we talked about at the beginning of this article.
The truth is that living a comfortable lifestyle doesn’t require lots of space or lots of things. If you’re creative you can make a small space feel and function the same way as a large space.