Featured alt: A person thinking while leaning on a box in a cramped home.
Deciding to move to a new home should never be a spur of the moment. It is an arduous, time-consuming process that can often cost a fair bit. There it is advisable to weigh out all the pros and cons. Unfortunately, when you are downsizing, you rarely have the opportunity to choose whether or not to move. But, when you are considering whether you are ready to move to a bigger home, the choice still remains.
Know whether you are ready to move to a bigger home
Luckily, there are certain tell-tale signs that your life has grown enough to require a large home. In some instances, moving to a bigger home is definitely a luxury. But, in others, it is simply a wise investment and an overall smart move. So, let’s identify various aspects that make relocating to a bigger home a smart choice.
Your family is getting bigger
As a bachelor, you can afford to live in a one-bedroom apartment. Hell, once you get used to it, you will probably grow to love your bachelor pad. After a while, you might find a significant other and decide to live together. But even in this case, a one-bedroom apartment should do you just fine. The trouble with home space comes when you start having children.
Having stable finances and kids on the way is usually a good sign that you are ready to move to a bigger home.
Children need space to develop. Ideally, every child should have their own bedroom where they can enjoy their privacy. If need be, you can place two kids in the same room, if they are of the same gender. But, all in all, a one-bedroom apartment is not enough to raise a family. Apart from needing the extra bedrooms, you will probably require more bathrooms, extra storage space, and a more sizable living room. Therefore, if you have a family on the way, getting a bigger home should be a priority.
You have increased, steady income
It is no secret that a bigger home requires more money. Besides the cost of real estate, you also need to factor in larger bills and more significant taxes. So, it should come as no surprise that once you get a substantial increase in your income, it is only natural to consider moving into a bigger home.
It is fair to say that if you plan on buying a home, you should make the distinction between being able to purchase a home and being able to live in one. It is not uncommon for people to find themselves some money (be it through inheritance or some fortunate event) and then vastly overestimate their buying power. As we said, higher taxes and bills are a part of living in a bigger home. So, make sure that you have your finances in order before you start looking for a mansion to purchase.
You need to invest too much money into your current home
A good way to consider owning a home is as if it was an investment. You pay money so that you can enjoy the comfort of your home. And so that you can enjoy the benefits of its location. So, as an investment, you should always try to weigh out whether it is worth the money spent.
Not every home investment is worth the money spent.
Homes require maintenance. The longer you live in a home, the more money you have to invest in order to keep it functional. No matter how well your current home was built, it is by no means eternal. After a while, it will require structural maintenance like roof replacement or foundation restructuring. And once that time comes, you should consider whether investing in your current home is worth it. Consider whether your current home provides you with the comfort you require and whether the neighbourhood is still suited for your lifestyle. If not (which often happens when kids are on the way), you should consider moving into a bigger one. A new home can be built according to your needs and liking, it can be constructed with all the facilities that were lacking in your previous home. It might be important to find such home builders who can build a home based on your requirements. The new home might not require much maintenance and can also help in saving some money.
Your lifestyle has changed
One of the effects of the recent pandemic is that a large number of people have started working from home. This, as you might guess, has had various after-effects on various aspects of everyday life. For instance, people have started requiring new pieces of office furniture, which can be sourced from the likes of office monster, so that they can sit in the correct posture and work remotely without suffering from backaches or joint pains. Additionally, working from home has also led to people considering dedicating an entire room to their work, so that they can work peacefully without getting disturbed by the noise of the kids or dogs.
However, besides buying pieces of furniture, normal online shopping (buying dresses and other stuff) has also skyrocketed, as well as buying things that encourage at-home entertainment. And people are leaving bigger cities in order to live in cheaper, less cramped areas. If you’ve also started working from home, you’ve probably considered moving. But, before you decide to start your process of relocation, there is something to keep in mind.
It is much easier to work from home if you can afford some privacy.
If your lifestyle has changed enough so that you have more activities at home, you should look for a bigger place. Having kids, of course, falls under this as they naturally require more room. But, other activities as well will be much easier to undertake if you have room to spare. A home office can do wonders for your productivity. A home gym can be all you need to get into good shape. But both of those require extra space. So, if you plan on spending more time at home, consider getting a bigger one.
However, while moving to a bigger house might be right for you, it doesn’t mean that you need to waste money on the process of relocation. There might be some hidden costs that you don’t know about, so make sure to get informed about how you can manage extra expenses and stay within your budget. Your moving company of choice is the best resource for this, so don’t hesitate to ask them.
Final thoughts about moving into a larger home
At the end of the day, deciding whether or not you are ready to move to a bigger home should be your decision. Whether you will buy or rent, moving to a larger home is a sizable investment. Therefore, it is definitely not one that should be taken lightly. Our advice is to take the notes we’ve given you and see how they apply to your life. Depending on your personality, you may be holding yourself back from a much more comfortable life without good reason. So, before you make your decision, make sure to carefully consider your life (both current and future) and see what benefits a bigger home can bring you.
Photos used:
https://www.pexels.com/photo/man-people-woman-girl-4868381/
https://www.pexels.com/photo/unfinished-wall-804392/
https://www.pexels.com/photo/standing-family-near-fireplace-1648387/
https://www.pexels.com/photo/ponder-ethnic-guy-in-smart-watch-leaned-on-box-4245981/
