If you feel pointless or exhausted to manage a large house, then think about shifting to a small house. For empty nesters and retired individuals, the best place they can move to can be a stand-alone house in a gated community or condos in Irvine for sale at a cheaper price. Downsizing can help you in numerous ways as well as provide tremendous financial benefits. 1. Lower Overall House Price Buying a smaller house after selling your bigger home can be profitable. People who have retired can shift to a senior community which allows them to invest more money as down payment leading to fewer mortgages. It can be a big relief for some aging adults who worry about mortgage payment and living on a fixed budget. Your utility bill can be reduced because the taxes are evaluated by the assessed value of the house. 2. Money Saved on Maintenance Costs If you are living in a smaller house, you have less space for furniture and your personal belongings which can keep the