Is it time to buy a bigger home?
Author: spencer   October 10, 2017

Are you in the market for a bigger home? No matter how long you have been in your current home, there are things you have taken note of that are not big enough anymore. Whether it is your kitchen, bedrooms, bathroom, basement or garage there are a lot of different factors on why you just need more room.

Three things to consider before buying a bigger home:

  1. Future Goals.
  2. How much space do you really need?
  3. Do you have a big budget for a bigger home?

Future Goals.

Whether you are single, just married, or planning a family it is important to think about your future goals when looking to buy or move. The size of the home that you buy will determine how comfortable you are able to grow in that space until you are able to move again. It is important to think critically about each room of the potential home each time you walk through. Will the kitchen be big enough to host holiday parties? Will there be enough bedrooms if you have guests stay or more children? Will there be enough storage space in the basement or the garage?

How much space do you really need?

While you need to analyze each room when moving into a bigger home, it is also important to be realistic. If you don’t need a home with five bedrooms, three bathrooms, and a finished basement don’t buy it. It is important to think about how you can use each room to its fullest potential. If you don’t have a reason to buy a home with five bedrooms, don’t. Empty rooms can be expensive rooms when they don’t get used.

Do you have a big budget for a bigger home?

Buying a bigger home comes with more costs than just the monthly house payment. As a homeowner, you already know that the utility, upkeep, and property tax costs all rise with the size of the home. In order for you to own your home, and your home not own you, it is important to crunch all the numbers before you start looking so you can stay focused on potential homes in locations that you can afford. Don’t be afraid to do your research, you will be happy you did.

If you are ready to search for your future home, be sure to contact us today!