What are the benefits of moving into an apartment?

Moving from a house to an apartment may seem like trading a cow for a handful of beans… yet, those beans may prove to be magic, just as the ones in the famous fairy tale. Whatever your reasons to downsize from house to apartment, instead of losing something in the process (your spacious home, your privacy away from the prying eyes of nosy neighbors, your freedom to change the living environment according to your own preferences), you may actually gain much more – a simpler, safer, easier and more enjoyable life.

But how can downsizing make you happier? What are the benefits of moving to a smaller home? Just take a closer look at the several advantages of apartment living listed below. You will want to rethink your previous assumptions.

Cheaper living

Without a doubt, the greatest benefit of downsizing your house to an apartment will be the chance to save some money. Home ownership comes with an incredible amount of costs that go far beyond the mortgage and home-purchase expenses. You are responsible for all kinds of insurances, property taxes, maintenance costs and utility bills as well. Therefore, when you move from a house to an apartment, your financial situation will considerably improve:

  • Your apartment rent/mortgage will be lower than the monthly mortgage for your spacious house;
  • Your energy, water and gas bills will drop considerably as smaller spaces are easier to heat or cool and irrigation will not be an issue anymore;
  • Maintenance expenses will be reduced to a minimum – you won’t have to pay for landscaping services or provide for gardening equipment, pest and weed control products, gas for the mowers, etc.; repairs will be cheaper (as the damaged area will be smaller) or paid for by your landlord (if you have rented the apartment); there will be fewer things around the home to replace or renew on a regular basis, and so on;
  • Home improvement costs will be quite affordable as you will have smaller spaces to renovate, fewer furnishing items to purchase, etc.;
  • You will be able to save on commute expenses after moving to an apartment that is conveniently located near your workplace, your kids’ school or whatever places you need to visit on a daily basis;
  • You will have the chance to pocket some extra cash from selling the no-longer-needed household items and personal possessions that won’t fit in your smaller living space.

Easier living

As compared to your big old house, your new apartment will require much less time and effort on your part:

  • Cleaning will be quicker and easier than ever before;
  • Gardening will be out of schedule – no more mowing the front yard, trimming trees and bushes, watering plants, or taking care of annoying weeds;
  • Household chores will be cut in half – there will be no need to sweep the leaves from the garden paths, remove the snow from the roof and the driveway, secure the fence, or clean the gutters. You may not even have to organize and tidy up the basement or the attic as you may not have a basement or an attic.

As a result, you will have much more free time to spend with family and friends, rest, enjoy your hobby, improve your skills, travel more often, meet new people, or do whatever you feel like doing. Time is a valuable resource, you know. Downsizing to an apartment provides you with the unique chance to make more time for yourself – so, why miss it?

Simpler living

When downsizing from house to an apartment, you will have less available space to fit your life into. Therefore, you’ll have to pare down your possessions and get rid of all the unwanted or unneeded items prior to your move. This will give you the chance to start your life afresh with less material possessions to clutter your home and burden your mind.

Hence, it will be much easier to focus on quality and improve your lifestyle:

  • You will be able to afford more expensive and higher-quality articles as you will only buy a limited number of items for your small home;
  • You will keep only items of high practical, aesthetical or emotional value;
  • Your home will always look neat and charming as there will be no clutter in the way;
  • It will be easy to make an impression – a single centerpiece will do the trick (you won’t need plenty of decorations and other bric-a-brac just to fill the empty space);
  • You will experience an unparalleled mental freedom and peace of mind as a result of your simpler and more relaxed life.

SEE ALSO: How to get rid of unwanted items when moving house

Safe and friendly environment

Your apartment life is certain to be much more relaxed, sociable and safer than it was before the move.

For one thing, residential buildings offer several layers of security. Most apartment complexes have security gates, advanced security systems, and/or security guards at the entrance to keep an eye on the people who enter and leave the building. Individual apartments are equipped with security alarms or security cameras. You can rest assured that no criminals or ill-intentioned people will be able to sneak inside the complex and cause problems of any kind.

What’s more, you will have endless opportunities for social contacts when living in a large residential complex – you are going to meet the same people several times a day when going in and out of the building, you will be engaged in various common activities and meetings that involve all or most of the residents of the building, etc. As a matter of fact, your new neighbors will help you adjust to the new surroundings quickly and easily. You will be able to learn a lot from them (the precise location of important facilities and good shopping centers, the available entertainment options in the area, the specifics of the community life, etc.) and to benefit from their friendly company. Also, it is your neighbors who will be there for you and will provide you with immediate assistance should anything happen. You may find many good and reliable friends among the people next door.

SEE ALSO: How to make friends after moving

Convenience

When looking for a new home, you will certainly want it to be located in a good neighborhood, close to your workplace, your children’s school, various local amenities, etc. Finding an appropriate apartment in such a desirable location will be much easier than finding an affordable house in the same area. Therefore, you will be able to move into a nice new home conveniently located exactly where you want it to be. This will not only allow you to cut on commute cost and time, but also to enjoy your new life in a safe and prosperous neighborhood.

Speaking of convenience and enjoyable activities, have in mind that there may be certain amenities available for free for the people living in the apartment complex. Many complex owners invest into features like swimming pools, tennis courts, or fitness rooms in order to retain existing tenants and attract new ones. You and your family may be able to take advantage of such extra benefits.

Less commitment

Last but not least, moving into an apartment means less commitment. You may not be ready to settle down permanently yet, or you may not want to enter into long-term financial obligations (such as mortgage payments, for example), or you may be looking for a temporary residence only, etc. In all such cases, moving into an apartment is your best choice. You can negotiate a lease that fits the amount of time you plan to spend in that area or you may be able to get a month-to-month lease. You will have to get used to a smaller living space, less privacy and more rules (many apartment buildings have restrictions concerning renovation projects, pets, usage of common areas, etc.), but you will be able to move again whenever you want to.

Finally, to summarize the key advantages of moving into an apartment – 1) more money to spend, 2) more time to use your money as you find best and 3) greater freedom to enjoy your time and your money at maximum!

11 thoughts on “What are the benefits of moving into an apartment?

  1. My favorite part of your article was what you said about how there is no mowing the lawn, or gardening required when you live in an apartment. I’ve been thinking about moving to an apartment for a while, but wanted to do some research before I made any important decisions. No yard work means more time for activities with family and friends, which is exactly what I want. Thanks for the terrific tips.

  2. Glad I stumbled into this article. I’m in the process of selling and moving into a rental to free up capital and pay off debt. It feels liberating to de clutter and minimize stuff that serves me no purpose, before the big move. I will no longer feel committed and stuck in one place. Moving into a more central location where everything is walking distance is exciting. Looking forward to travel and enjoy life once again! The first thing is to pay off my debt, become debt free and invest my capital gains. Can’t wait to begin this new chapter of my life!

  3. Good article. But where does that leave me? I am a male 61, never married with no kids. I have owned my condo for 18 years now. I want to sell my place and move out.

    For me it would seem like it would cost me more per month to rent than to stay where I am. My mortgage was all paid off earlier this year. So it seemed like it was a real cause for celebration. So far it has not been a cause for celebration. I did a great job of saving up $6000 this year after years of living paycheck-to-paycheck. And then, BAM!, that money is all gone. It was because of an unexpected water leak that happened. Well, I should know better since the place I live at is very old. So there could be more of those to come. And I was lucky because it could have been much worse.

    The rents have just skyrocketed and I’d be out of my mind to sell and move into a rental. But I am very unhappy at where I live. I don’t fit in very well with my neighbors. All of the units are 2 BR / 2BA or more. I am the only single person at my complex living alone. Well, maybe not, but it sure feels that way. So there’s no chance of making friends at where I live since everyone else are coupled, friends, or families. It would be so nice to have a good friend right near me instead of having to go miles away to see someone. When I first moved into my place, there were a few single people around my age living there. I made friends with them. It’s not that way now! When I go to the pool area at where I live, it can be awful at times with the people there.

    I get the feeling that if I stay where I am, I’m not going to be able to save a lot of money. When I sell I could have quite a bit of money, but then I worry that as I get older, that money is going to be gone. So I don’t know what to do. As of now I would want to live at a 55+ place. I looked at one close to where I live. I feel in love with it at first, but later on it got built up more and rents went up.

  4. Good article! However, I would like to know where it leaves me in my situation? I purchased my condo 18 years ago. I am a male aged 61 and never been married with no kids. Right now I am very unhappy at where I live and want to sell my unit. I would want to move into a 55 plus apartment. The units at my complex are all 2BR/2BA or more. I think that I am the only person who lives alone in my complex. I’m probably not, but it sure feels that way. The residents are either coupled, friends, or family.

    I am scared to make a move because the rentals are very high. I don’t think that I could make it with the rents with the money I make at my job. I know that I would get a lot of cash from the sale of my place, but I have a fear that it can run out in time and then I would have nothing.

    I feel very lonely at where I live. I have nothing in common with my neighbors and it’s very hard for me to make friends. It would be nice to have a friend in the complex so that I don’t have to drive long distance to see someone. I had a real good friend one time next door to me and it was really nice.

    I would be open for suggestions or help in this.

    • Much to my surprise I got a double entry. When I first submitted, I thought that it didn’t go through. And then I did it a second time and same things. Sorry about the double entry!

  5. My husband and I recently got jobs in a new city and we are thinking about renting an apartment for a while until we find a home that we love. The fact that we won’t have to worry about maintenance issues and landscaping at an apartment would save us a lot of time and help us to avoid getting stressed. Also, the fact that we can choose a month-to-month lease would be great because we won’t be tied down if we want to move.

  6. I love that this article brings up so many reasons why apartment living is so beneficial. One thing that was maintenance expenses is reduced to a minimum. It’s only a matter of when your maintenance issue will happen. I will certainly consider this when we plan on relocating in the future.

  7. It’s good to know that you can save money by renting an apartment. My wife and I are looking for new ways to save some money, and moving into an apartment seems like a great way to do that. We’ll be looking further into our options for apartment rentals in the future.

  8. You mentioned that apartment living is cheaper living. This is great to know because I want to downsize. I am going to look for an apartment near us to move into.

  9. I hadn’t considered the fact that because apartments tend to be smaller than houses, they are considerably easier to cool and heat. My wife and I are currently thinking about downsizing now that our kids are out of the house. We may have to consider moving into an apartment to save on energy bills.

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