It’s not often these days that someone buys their forever home at the start of their property buying journey and the chances are that at some point you’re going to outgrow your home for one reason or another. Upsizing is always a big decision, but when is the right time?
A growing family is the main reason behind most people’s decision to upsize. Maybe you’re expecting your first child, your existing children need more roaming and playing room, or you’ve got teenagers who need some social space? Upsizing will undoubtedly make for more comfortable living for everyone.
Our aging population is also a factor. It’s not uncommon for elderly parents to move in but having several generations under one roof can be chaotic and uncomfortable if the space is cramped. A bigger home gives everyone the space they deserve.
It’s not only our families but our furry friends who welcome any extra space.
Another factor that often prompts upsizing is a plan to run a business from home. Do you need additional garage space, an extra office or hobby room an outdoor area, off-street parking, the list could go on?
Upsizing is an important move for you and your family so when you feel the time is right get in touch with your bank or mortgage broker to see if the move is possible and what your options are. As with any upsize there is always a financial cost and you’ll need to get your ducks in a row first.
Feel free to get in touch with any one of our team, we're there to help.