Although some people are looking at ways to downsize their home and their lifestyle, there are several reasons that others are looking to increase their living space. What about you? Are you wondering whether it's time to increase or decrease your living space?
If you're already planning a move, assess your needs now by considering the following:
If your family is growing or if you plan on a growing family, then upsizing into a larger home may help make life more comfortable.
Open flow space
Interestingly enough, even for retired couples or empty nesters, some people are simply looking for more open space. More space is ideal for dinner parties and other gatherings.
Out of Town Family / Friends
In some cases, homeowners have many family members or close friends who live far away. If you’re often serving as host to these guests, you and they may appreciate having an extra room or two when they visit.
Special Housing Situation / Need
If you’re looking for a specific housing need, then you may need to upsize as a result. Perhaps you need an office on the main floor – or maybe even an office with a separate entrance. Perhaps you’re looking for separate quarters for an aging parent or a live-in nanny. Due to health circumstances, many are looking for single-level living to eliminate stair usage.
Moving anyway? Assess your needs now
If you’re planning a move anyway, now would be a good time for you to take a serious look at what your wants and needs are for your new home.
However, don’t forget to consider how much you can really afford.