5 Signs You’re Ready for a Bigger Home
Not sure when to start looking for a new place? Here are five signs a larger home is in order:
You’ve added to the family
As your family grows, you may find that you need more space. Changing family dynamics often require larger floor plans, whether you’ve added a child or two or welcomed an aging parent to live with you.
In addition to allowing everyone space to spread out, a larger home will also provide more storage and private areas for every family member.
Your life circumstances have changed
In the wake of COVID-19, more people are working from home than ever before. In fact, more than 4.7 million people in the US now work remotely at least 50% of the time.
As work dynamics have changed, many people have found themselves needing rooms their current homes don’t have – namely, offices and quiet areas for Zoom calls.
If someone in your family has switched to remote work, finding a house with an office is an excellent idea. The presence of home office space is a significant selling point and could raise the home’s value by as much as 10% if you ever decide to sell.
You want to add something special to your space
You’ve been dreaming about it for years, and you’re finally ready to take the plunge. You want to build that garden, playground, fire pit area, or deck you know your family will love. The only problem is that you don’t have the space in your current home.
The solution? Move on to something bigger.
In addition to sending millions of people into remote work, the COVID pandemic changed how many of us view the function of our homes. It also placed a premium on comfortable, welcoming outdoor spaces.
Because of this, many people are trading in their small apartments and condos for homes with more breathing space. If you’re ready to create your outdoor oasis, now might be an excellent time for you to do the same.
You can afford it
Let’s face it: most of us purchase starter homes because we can afford them when we’re just starting out. As work and income statuses change, though, it’s nice to upgrade to something that falls into the “dream home” category.
If your cash flow has increased since the last time you bought a home, now is a great time to start thinking about a house that checks all your boxes, whether that means finding something with a chef’s kitchen or a spa-like primary bedroom.
You want more for your money
If you’re living in a high-density urban area where housing is expensive, the chances are good that you can get WAY more bang for your buck by relocating.
For example, median home prices in states like West Virginia, Michigan, and Ohio are some of the most affordable right now, and it’s easy to find large family homes with plenty of space to spread out – likely for less than you’re paying right now.
Relocating to one of these affordable havens is an excellent idea for anyone tired of paying too much for a house that’s too small to suit their needs.
