Is it time to upsize?

Unfortunately, our homes don’t always grow with us. What may have initially worked fine for a single person, a young couple’s starter home, or a family with a newborn can quickly become too small as families expand and multiple generations live under one roof.

Remodeling and adding to your home is one option for creating more space, but it can be costly, and the size of your property may be prohibitive. That’s when moving to a bigger home becomes the best solution.

Where do you need more space? The first thought when upsizing your home is to simply think about square footage, bedrooms, and bathrooms, but it’s important to also consider how your space will actually be used.

If you have young children or expecting more, then focusing on bedrooms and bathrooms makes sense, but if your children are closer to heading off to college or starting their own families, it may be better to prioritize group spaces like the kitchen, dining and living room, and outdoor space. It’ll pay off during the holidays or summer vacations, when everyone is coming to visit for big gatherings.

Moving outward. If you need more space, but don’t necessarily want a more expensive home, you can probably get a lot more house for your money if you move a little further from a city center.

While the walkability and short commutes of a dense neighborhood or condo are hard to leave beyond, your lifestyle—and preferences for hosting Thanksgiving, barbecues, and birthdays—might mean that a spacious home in the suburbs makes the most sense. It’s your best option for upsizing while avoiding a heftier price tag.

Is it time to upsize? We'd love the opportunity to help with that! Contact us today.

Anny & Sherry Kosovic | Kamloops Property Sales Team | 250.320.5586 | 250.819.2136

Categories:   equity | home | mortgage