There are many personal and financial benefits of moving into a smaller home. By downsizing, you can minimize household chores, transition into a more functional space and even reduce your carbon footprint.

However, saving money may not be reason enough to make a move, says David Mele, president of Homes.com, a real estate marketplace. While conventional wisdom says a smaller home should cost less than a bigger home, “There are times when it could have the opposite effect,” Mele says. The reality is increased taxes, moving expenses and a new lifestyle could all make trading down more expensive.

With that in mind, here’s a closer look at nine reasons moving to a smaller space could translate to bigger bills.
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Downsizing can make sense for many reasons, but it doesn’t always lower household expenses. If you’re looking to save money with your move, make sure unexpected costs don’t catch you by surprise.

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Why Downsizing Could Actually Upsize Your Bills originally appeared on usnews.com