Downsizing can make life easier for those who are aging. Moving from a large home full of items that you’ve collected over the years to a smaller apartment or house can simplify daily living and make life more enjoyable.
In today’s blog post from Angels Estate Consulting in Calgary, we are going to discuss how to know what to donate and what to sell when it comes time to downsize your home. Read on to learn more, and when you’re ready to get started, call Angels Estate Consulting.
The first thing you should do when you’re downsizing is to take inventory of the items you’d like to donate or sell. Remember that your new home won’t have as much space, so you may have to part with large items and others that you don’t use on a regular basis. If you haven’t used an item in more than a year, chances are it’s time to donate or sell it.
Next, you’ll want to determine the value of the items that you’d like to get rid of. This step is essential in deciding which items you would like to sell rather than donate. An easy way to understand which items are worth selling is by having a professional appraisal done by a Calgary estate consulting company like Angels Estate Consulting.
Once you’ve learned the value of your items, we recommend you use the 20/80 rule. Simply put, you sell the items that rank in the top 20 percent in terms of value. The lower 80 percent of your items can typically be donated. While there are, of course, exceptions to this rule, it works well for most cases.
When you’re downsizing, it can be difficult to determine which items you’d like to sell, which you’d like to donate, and the value of your items. At Angels Estate Consulting, we’ll handle it all for you. We’ll begin with a walk-through and estimate, handle the appraisal, and secure and catalog all of your items. You can even choose to list your items for sale on our online auction.
If you’re considering downsizing and selling your home in Calgary, it’s time to contact Angels Estate Consulting. We can handle the entire process for you, so you can focus on enjoying your new home. Reach out to our team today to schedule your free consultation.