Rent is going up. Are you considering downsizing in Watertown MA? It’s not an easy decision to make, but with housing costs rising faster than wages, downsizing may be something you need to consider.
With 2 bedroom apartments starting to rent in the $3,000 range for new construction, some residents are starting to downsize. Opting out of having a additional bedroom be a ‘guest room’ or an office. The luxury of the additional bathroom, or having guests stay over is wearing off, and the savings are substantial.
It doesn’t mean you have to live like a monk. Consider outsourcing the items you can’t part with, but don’t need on a daily basis: Seasonal clothing, sports equipment, patio furniture, dvd collection, etc. Cheaper space is just a short distance away, at your friendly local storage facility.
There can be as much as $1000/month savings when you opt for a 1 bedroom, 1 bath instead of the 2bed/2bath standard. Consider this: all of what you had in that extra bedroom could easily fit into about 80 square feet of storage space. With prices for that size unit less than $150/month you could be using your monthly $850 in savings towards experiences, and not have to sacrifice any of your stuff.
It’s fun to at least dream about, and setting into motion before September 1st moving day. Take an inventory of your entire apartment. Start by moving everything you don’t use once every 3 months into a space. You’ll be amazed at how much stuff you are storing in your home. It could be those 2 large plastic bins of camping gear that you only seem to use one weekend every summer. Or, how about those 5 boxes of files you are hanging onto just in case you get audited?
You’ll love your new downsized lifestyle, and all of the cash it saves you. And if you need advice when you start thinking about downsizing in Watertown MA, we will be glad to help you at Storage Plus.