Upsizing

Is your house feeling a little tight around the edges? There comes a time for many families where the home starts to feel a little cramped, like you no longer fit in. How do you know when it’s time to consider upsizing? 

GROWING FAMILY

If you have school aged children who are approaching their secondary years, you will find that they will become more interested in having their own space. It may be that they are sharing bedrooms, or you only have one living room for the family. 

Hobbies will develop so maybe a need for a music room or a study for the kids to do their homework in a quiet place. It may be the backyard that has been outgrown and you now would like a space to put in a pool or shed for the bikes.

As the children get older these space issues will become increasingly challenging.

New members of the family

With a new baby there are lots of changes in a household. If things are already tight for space, an extra family member will need their own room or at least will demand some extra storage. 

It is amazing how much extra gear is needed when a little one comes along. The cot, nappies and all the toys. Just having enough space for the bub to play in could be a deciding factor on needing to look at a bigger place.

The other aspect can also be people visiting, once a new bub has arrived you may see a dramatic increase on people wanting to come and visit. 

Ageing family

Additional family members aren’t always babies. Elderly family members often need a little extra assistance as they age. If grandma and grandpa are re-joining the family home, living arrangements might need to shift to accommodate for them. Without spare bedrooms and bathrooms, this can cause problems for the other members of the household.

Location

Are you just looking for a bigger house or for an entire change of scenery? Consider what the objective for your move is, particularly when looking at locations. Perhaps you want to be closer to better schools, move further away from the city to gain a bigger backyard, or move closer to the city and your workplace. Location is an important question for every move, and a crucial one when looking for a bigger property due to the aforementioned size to expense ratio.

Timeframe

If you are selling your existing property to move into the bigger place, time is one of the most important factors to consider. Without the funds of house A to purchase house B, you might be unable to make the move. But if you sell house A before finding your dream house B, you might end up homeless! Have a backup plan for a place you can stay in case the timing doesn’t all match up, or speak to your bank about a bridging loan so that you can move into a new place before selling your old place. Plan ahead and find a way to make it work.

Next steps

Every family is unique and there is no ‘one-size-fits-all’ solution. But if you think your family has started to outgrow your home, it may be time to consider an upsize. With a lot to think about and a big financial decision to make it can seem daunting however we are here to guide you through the process. We love assisting people find their dream home and land. Give us a call today and start the journey towards a place of your own.

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