Tips On Buying A Larger Home
Most of us start out with a relatively small home and then gradually and eventually need more space, so we start evaluating when is the right time to search for a new home. That time is different for everyone. Some of the most popular reasons for needing a larger home are:
- Family size increases
- Need more space for entertaining
- Accumulation of things
- A reward to oneself and/or an indicator of success
- Activities or interests require more space
Whatever the reason is, you certainly know when the time comes. Some people hold out as long as they can before moving while others rather enjoy moving so they move up (and around) often. No matter which camp you're in, here are some tips that make your move up in home a more logical one.
Why is your current home not meeting your needs?
Perform a quick review of why you've decided now is the time to sell your home and move up. Evaluate which parts of your home are the ones you're lacking enough space in. If your family is expanding, you may be considering more and/or larger bedrooms. If you entertain a lot, then perhaps an open floor plan with adjoining family room and kitchen is something you're looking for. If you're running out of bathroom space, then consider Jack & Jill bathrooms, or if you're square footage allows it you can go with full baths on all your bedrooms. How are things in the garage? Have several cars, lots of child toys, or maybe some sport vehicles like skis or boats. If so, consider your garage size carefully. Not all garages are equal even though they list the same capacity. Measure the garage to see if it's deep enough for your needs.
Existing homes vs new construction
As long as it's time to upgrade your home, consider new construction. If you have the luxury of time and new construction sites are available in your preferred area, building a new home may be the way to get your new home just the way you want it. Admittedly even brand new homes custom built can leave you later with the feeling of "oh, we should have included this" (we all can't think of everything), it's still a fabulous route to go when trying to make a home suited to your personal needs and tastes.
Plan your home upgrade timing
With many families having children, the summer months remain popular for transition while children are out of school. If this doesn't affect your scenario or if you're moving within the same school zone or utilize private schooling, then extended breaks in the spring or fall are great times to make your move within weather temps that may provide a better moving experience than the heat of summer or cold of winter.
Consult with others for input on a new home
As part of your planning, consult with others about what you're thinking. This not only includes real estate professionals, but also friends who may already own homes like you are considering. Their input about their homes can be a great education on things you may want to avoid or improve upon. Inquire about home quality, size, comfort, as well as operational costs. All of those will help with the decision to purchase a larger home.
While you're deciding how and when to proceed, search home listings to see what the market is offering. I always encourage you to contact me with any questions and I'll be happy to share my insight. In my profession, I get to see a lot of homes of all sizes, so I invite you to let me share that info with you as part of your preparation. When it comes time to move forward, we can tour homes to confirm your decision.
