GO BIG OR GO HOME - TALES OF UPSIZING IN A DOWNSIZING WORLD
Unfortunately, our homes do not 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 is 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
consider square footage, bedrooms, and bathrooms. But it
is important to take a
more critical approach to how your space will be used. If you have younger
children (or possibly
more on the way), 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 room,
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 do not 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
is your best option for upsizing
while avoiding a heftier price tag.
FURTHER READINGS:
- "10 Reasons Why Upsizing Your Home Could Be A Bad Idea" - MY MOVE
- "What To Consider When Upsizing Your Home" - SOURCE MORTGAGE CENTRE
- "Go Big and Go Home: 6 Tips for Upsizing With No Regrets" - REALTOR.COM
- "How to Move to a Bigger House - Size Does Matter" - MOVING BLOG
- "Upsizing: The Hottest New Housing Trend You've Probably Never Heard Of" - ZILLOW
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